Recode Decode: Margrethe Vestager

Decoder with Nilay Patel

Vox Media Podcast Network

Technology, Business

4.3 • 3.2K Ratings

🗓️ 29 November 2017

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Margrethe Vestager, Europe's commissioner for competition, talks with Recode's Kara Swisher in front of a live audience at Web Summit 2017 in Lisbon, Portugal. Vestager explains how the E.U. is trying to make tech companies more transparent and accountable for their dealings and why a "free" market needs government intervention to function. She says the algorithms that control what content gets surfaced on social media may "have to go to law school" before we can trust them again, and that Facebook or Snapchat's priorities cannot be allowed to supersede democracy's. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Recode Radio presents Recode Decode coming to you from the Vox Media Podcast Network.
0:07.0	Hi, I'm Cara Swisher, Executive Editor of Recode.
0:10.8	You may know me as a supporter of the right to be forgotten, although personally I know
0:14.3	I am unforgettable.
0:15.8	But in my spare time, I talk tech and you're listening to Recode Decode, a podcast about
0:19.7	tech and media's key players, big ideas and how they're changing the world we live in.
0:23.5	You find more episodes of Recode Decode on Apple Podcasts, Spotify, Google Play Music,
0:27.5	wherever you listen to your podcast or just visit recode.net slash podcast.
0:32.3	Today we're going to play an interview I conducted at the 2017 Web Summit in Lisbon, Portugal.
0:37.4	I talked to European Commissioner for Competition, Marguerite Vestiger, who you may have heard
0:41.5	of on a previous episode of Recode Decode.
0:44.3	But the last time we talked was before the 2016 US presidential election and a lot has
0:49.1	changed since then.
0:50.6	Let's take a listen.
0:51.6	Alright, let's get started because we have very short time.
0:54.7	Marguerite, how fucked is Silicon Valley?
0:58.5	Well, I don't like to generalize because everyone should have a fair chance of making it.
1:08.4	Also in Silicon Valley.
1:10.5	But at least serious enough so that we found that a fine of 2.4 billion euros was defined
1:18.8	in the Google case that we just decided.
1:21.4	So talk about where it is now because you've been out on the forefront of talking to these
1:25.6	companies about their power, about their influence.
	...

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