4.9 • 654 Ratings
🗓️ 4 December 2020
⏱️ 47 minutes
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0:00.0 | Yo, technology. What is it all about? |
0:04.4 | They still believe it. They just need to have their noses rubbed in the ways that they're not doing that anymore. |
0:09.9 | And it's really hard to know whether they are head in the Valley your weekly dispatch from behind the scenes and inside the minds of the top people in tech. |
0:32.7 | I'm your host, Danny Fortinney, West Coast correspondent for the Sunday Times. |
0:37.2 | We have a great show for you this week. |
0:39.1 | Tim O'Reilly is here, and he is one of the leading thinkers out here in Silicon Valley. |
0:45.8 | He's also the founder of O'Reilly Media, and for decades, he's just shown a real, quite astounding knack for kind of seeing where things are in the tech world and where |
0:55.3 | they're going and naming them. So terms like open source software, web 2.0, they can all |
1:01.7 | be traced back to him. And now Tim is noodling around with another concept that we could |
1:06.4 | soon become also very familiar with, and that is algorithmic rent. And this is really just a way to |
1:13.2 | frame how the big tech companies operate. They are through this lens, landlords. And they're |
1:20.3 | extracting rent from us, from their suppliers, you know, small companies, et cetera. And one way or |
1:25.3 | another, through the use of their algorithms, which of course |
1:27.9 | funnel what we see, what we are served, what we don't see, and who benefits from that. |
1:34.0 | So it's an interesting concept, and not least because Google, of course, is being sued by |
1:37.3 | the government. |
1:38.1 | Facebook is supposedly within days going to be hit with a separate suit. |
1:42.8 | Amazon and Apple are still under investigation. |
1:45.0 | So in other words, the landlords of the internet are under growing pressure. But what's |
1:51.4 | interesting is that there's very little clarity about how best to really unwind some of their |
1:56.3 | worst impulses to break their stranglehold, which brings us back to O'Reilly and how he's thinking about |
2:03.0 | and naming this dynamic that has developed. And hopefully from that, it will help in some way |
... |
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