The house that Jack built: Twitter’s founder departs
Economist Podcasts
The Economist
4.3 • 5K Ratings
🗓️ 1 December 2021
⏱️ 20 minutes
🧾️ Download transcript
Summary
Jack Dorsey’s departure from the social-media giant reflects the growing primacy of engineering talent, and the waning mythology of the big-tech founder. Ukraine’s military has become much better at battling Russian-backed separatists since the annexation of Crimea—but now a far graver kind of war looms. And the Economist Intelligence Unit’s latest list of the world’s most expensive cities.
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Transcript
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| 0:00.0 | Hello and welcome to the intelligence from The Economist. I'm your host, Jason Palmer. |
| 0:08.4 | Every weekday, we provide a fresh perspective on the events shaping your world. |
| 0:17.5 | Ukraine's military is much larger and better equipped than it was when Russia annexed Crimea in 2014. |
| 0:23.6 | But if Russia were to attack now, and hints that they might just keep mounting up, |
| 0:28.6 | it would still be a woeful and worrisome one-sided fight. |
| 0:32.6 | And the numbers are in once again from our sister company, the Economist Intelligence Unit. |
| 0:38.3 | We've got the latest list of the world's most expensive places to live. |
| 0:42.3 | And at the top this year is a first-time winner. |
| 0:45.3 | But first... |
| 0:57.0 | On Sunday, Jack Dorsey tweeted, I love Twitter. |
| 1:06.0 | The next day, he quit his job as the company's chief executive. |
| 1:10.0 | Mr. Dorsey has already left the company, returning to great fanfare in 2015. |
| 1:15.3 | Twitter is one of the fastest ways to say something to the world. |
| 1:19.9 | It's also the fastest way to see what the entire world is saying about any topic. |
| 1:26.1 | This time, he wrote that his departure was tough, |
| 1:28.7 | but that the company needed to break away from its founders. |
| 1:32.1 | For those of us who have been covering Twitter for many years, |
| 1:35.5 | there was some humor to this, |
| 1:38.4 | because Jack Dorsey was brought back in 2015 |
| 1:41.5 | as the permanent CEO with the rationale that it was up to a founder |
| 1:47.7 | to fix Twitter. |
| 1:49.5 | Alexandra Suech-Bas is our senior correspondent |
... |
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