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On the Media

Who's In Charge Here?

On the Media

WNYC Studios

Magazine, Newspapers, Media, 1st, Advertising, Social Sciences, Studios, Radio, Transparency, Tv, History, Science, News Commentary, Npr, Technology, Amendment, Newspaper, Wnyc, News, Journalism

4.68.7K Ratings

🗓️ 13 April 2018

⏱️ 50 minutes

🧾️ Download transcript

Summary

Facebook, dark money, corporate power, and mistaken vigilantism.

Transcript

Click on a timestamp to play from that location

0:00.0

From WNYC in New York, this is on the media.

0:07.1

Brooke Gladstone is in the building, but busy on some other damn thing.

0:12.1

I'm Bob Garfield.

0:14.2

The committees on the judiciary and commerce will come to order.

0:18.4

We welcome everyone today's hearing on Facebook's social media privacy

0:24.7

and the use and abuse of data. This week, Facebook CEO Mark Zuckerberg finally appeared

0:33.2

before not one but two congressional committees to answer for privacy invasion, fake news, murderous

0:40.5

hate speech, ISIS propaganda, censorship, and tell me again, what's a poke?

0:47.1

And as a supercut, assembled by the Open Market Institute demonstrates, Zuckerberg was exactly

0:54.0

as forthcoming as expected.

0:56.5

I'm not specifically aware. I mean, I'm not, I'm not sure. No, I do not. Not sure what that means.

1:01.1

I'm not sure. I do not have that information. Congressman, I'm not from the...

1:04.9

I'm not actually sure what that is referring to. I'm not sure either. Senator, I'm not sure

1:09.0

if we need a law, but I think that this is certainly a thing that...

1:11.6

Yet the ultimate truth did come out in the answer to a phenomenally naive question from 84-year-old Republican Senator, Oren Hatch, of Utah.

1:22.6

How do you sustain a business model in which users don't pay for your service?

1:26.6

Senator, we run ads? Yes, Senator, they run ads. How do you sustain a business model in which users don't pay for your service?

1:29.1

Senator, we run ads?

1:37.5

Yes, Senator, they run ads and target them with the biggest trove of user data amassed in human history,

1:42.2

and therefore are very good at that, and therefore, along with Google,

1:45.7

have utter domination of the online ad industry,

1:49.4

which is half of the global ad economy and growing.

...

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