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The Times Tech Podcast

Stanford’s Matthew Jackson: “You’re not as popular as you think”

The Times Tech Podcast

Will Morley

Business, Unknown, Technology

4.9654 Ratings

🗓️ 28 February 2020

⏱️ 48 minutes

🧾️ Download transcript

Summary

The Sunday Times’ tech correspondent Danny Fortson brings on Matthew Jackson, Stanford professor and author of The Human Network, about why you live matters (2:20), the universal basic income illusion (5:50), how social media puts networks on steroids (7:00), his work with Silicon Valley giants (10:50), how politics has changed (14:40), the hollowing out of the middle class (17:00), why war doesn't happen as much any more (20:50), the double-edged sword of globalization (24:45), how do we craft the best network (27:00), why having friends is important (30:30), the friendship paradox (34:20), avoiding sameness (37:20), quotas (40:30), what parents can do (42:40) and whether tech means that this time is different (45:20).

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Transcript

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0:00.0

People that are very wealthy, if they only have wealthy friends, it doesn't hurt them.

0:04.0

But if you're not wealthy and most of your friends are within your same socio-economic class,

0:10.0

that's where you'll stay.

0:12.0

You know, getting those opportunities and getting that information and getting that motivation

0:15.0

and is really pretty vital to mobility.

0:19.0

Yo!

0:20.0

Technology. What is it all about? pretty vital to mobility. Yo, technology.

0:21.8

What is it all about?

0:25.7

Hello and welcome to Danny in the Valley, your weekly dispatch from behind the scenes and

0:30.3

inside the minds of the top people in tech.

0:33.0

I'm your host Danny Fortson, and this week we headed down to Stanford University, which I just

0:40.0

love going to because it seems always to be sunny when I go there. There's palm trees, there's

0:45.8

Spanish-style roofs. It's just lovely. But I went there to talk about friendship. More to the point, networks, friendly, professional, or otherwise.

0:57.0

And to do that, I sat down in the office of Matthew Jackson. Jackson is an economist who has

1:03.1

spent many, many years studying networks, how they work, and he's recently written a book

1:09.3

called The Human Network.

1:11.6

And it's fascinating because what it does really is pick apart the role obvious and not so obvious

1:18.6

of networks in our lives.

1:20.6

So basically who we know can affect our health, our wealth, prosperity or lack of it.

1:26.6

And of course, we're in the belly of the beast, social media.

1:31.2

And these are basically the world's most powerful accelerants of network effects for both

1:38.0

good and obviously for bad.

...

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