Slate Money - Don't Be Evil

Slate Money

Slate Podcasts

Investing, Business

4.1 • 1.1K Ratings

🗓️ 2 November 2019

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Rana Foroohar joins Slate Money to discuss her book Don’t Be Evil: How Big Tech Betrayed Its Founding Principles -- and All of Us, the Facebook vs Twitter war over political ads, NCAA players finally getting paid, and PG&E and the California wildfires.

And in the Slate Plus segment: Fitbit and Google.

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Transcript

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0:00.0	A programming note for Slate Money, you're going to get a little bit more Slate Money than
0:06.0	usual for the next few weeks because there's a mini season of Slate Money Swag coming up.
0:13.4	Swag is a term which stands to silver, wine, art, gold.
0:17.1	Basically, things that people invest in that don't have any cash flows.
0:21.2	Are they asset classes?
0:22.9	Should you invest in them?
0:24.7	I'm going to be exploring that in a whole bunch of different things, including art and Bitcoin,
0:29.9	all coming up midweek on Slate Money.
0:32.9	Music Hello!
0:46.5	Welcome to the Don't Be Evil edition of Slate Money,
0:51.3	your guide to the business and finance news of the week.
1:28.3	I'm Felix Salmon of Axios. I'm joined by Emily Peck of Huffpost. Hello. I'm joined by Anna Schimanski of Breaking Views. Hello. And in the studio, with a book out this week, is Rana Faruha of the Financial Times. Hello. Thanks for having me. Welcome. And what is your book? Don't be evil. Wait, that's the name of the show. It is. What a coincidence. Thank you so much, Felix. I can't wait to tweet this. So your book is coming out this week. It is. It's basically the tech clash book. It's all about Google and Facebook and all of these other evil big. Tech clash. It's 20 years how Silicon Valley went from utopia to dystopia and what we can do about it.
1:34.3	And we are going to talk all about the later, this week in dystopia, this week in tech dystopia.
1:39.9	We're going to talk about Facebook's puzzling refusal to police false political ads on their platform
1:48.4	and the trials of Mark Zuckerberg in Washington. We are also going to talk about Google and
1:55.7	Fitbit in the Slate Plus segment and about whether that is also just in a way of trying to monetize
2:02.1	people's data in the way that the big tech companies have proved themselves so adept.
2:06.3	We are going to talk about the NCAA.
2:10.6	I am going to learn what NCAA stands for from Anna Schumansky, and she's going to
2:14.5	explain the economics of collegiate sports and not only all that,
2:20.2	we are going to talk about wind and power, specifically as regards the economics of California.
2:26.2	It's going to be a meaty and awesome episode with Rana Farooha coming up on Slate Money.
	...

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