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Tech Won't Save Us

VCs Want to Disrupt the Media w/ Eoin Higgins

Tech Won't Save Us

Paris Marx

Silicon Valley, Books, Technology, Arts, Future, Tech Criticism, Socialism, Paris Marx, News, Criticism, Tech News, Politics

4.8626 Ratings

🗓️ 24 June 2021

⏱️ 37 minutes

🧾️ Download transcript

Summary

Paris Marx is joined by Eoin Higgins to discuss why tech companies and venture capital firms are launching their own media verticals, what Marc Andreessen hopes to get out of Clubhouse and Substack, and why Jeff Bezos may have a better approach to media. Eoin Higgins is a freelance journalist and writes on Substack under The Flashpoint. Follow Eoin on Twitter as @EoinHiggins_. Tech Won’t Save Us offers a critical perspective on tech, its worldview, and wider society with the goal of inspiri...

Transcript

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0:00.0

By disrupting the news media, you're disrupting it to your benefit and to make a more sycophantic tech coverage at a time when tech coverage is maybe being a little more skeptical of your claims than you would like.

0:29.3

Hello. Hello and welcome to Tech Won't Save Us. I'm your host, Paris Marks, and this week my guest is Owen Higgins.

0:35.3

Owen is a freelance journalist who's written for Business Insider, The Intercept among a number of other publications.

0:38.5

And he also writes on Substack under The Flashpoint, and you can find a link to that in the show notes. In April, Owen wrote an article for Business

0:43.4

Insider about how wealthy venture capitalists in Silicon Valley are increasingly investing in

0:50.3

and getting involved in media efforts. Last week, Andrewsson Horowitz launched its future blog,

0:56.9

which is kind of designed to promote a kind of techno-solutionist, techno-optimistic narrative on Silicon

1:03.8

Valley in response to what it perceives as a more critical media, a media that is publishing more

1:09.5

critical stories about the tech industry

1:11.5

and the companies that it's invested in. And so it wants to kind of push back on that with a

1:16.6

positive vision and a positive message. And so in this conversation, Owen and I talk about

1:22.3

what these venture capitalists are trying to achieve with these media investments, what has changed in tech

1:29.1

reporting to make them feel that they need to do this, and how this differs from how wealthy

1:35.3

people have invested in the media in the past, and in particular, even how there is still a, you know,

1:41.1

a different way of trying to get public opinion to reflect the ideas that you know

1:46.8

you want to see in the world as a really wealthy person as a billionaire. And Owen kind of draws

1:51.6

a distinction between what someone like Mark Andreessen is doing with his future blog and his

1:55.7

investments in substack and clubhouse and things like that. And then what Jeff Bezos is doing

1:59.6

by buying the Washington Post and putting a lot of money into that publication. So I think this is going to be a

2:04.8

really interesting conversation and will help to kind of inform us as we think about what wealthy

2:09.6

people in the tech industry are trying to achieve when they get involved in these media efforts.

2:15.3

Tech Won't Save Us is part of the Harbinger Media Network, a group of

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