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'We will coup whoever we want!': the unbearable hubris of Musk and the billionaire tech... - 0 views

  • there’s something different about today’s tech titans, as evidenced by a rash of recent books. Reading about their apocalypse bunkers, vampiric longevity strategies, outlandish social media pronouncements, private space programmes and virtual world-building ambitions, it’s hard to remember they’re not actors in a reality series or characters from a new Avengers movie.
  • Unlike their forebears, contemporary billionaires do not hope to build the biggest house in town, but the biggest colony on the moon. In contrast, however avaricious, the titans of past gilded eras still saw themselves as human members of civil society.
  • The ChatGPT impresario Sam Altman, whose board of directors sacked him as CEO before he made a dramatic comeback this week, wants to upload his consciousness to the cloud (if the AIs he helped build and now fears will permit him).
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  • Contemporary billionaires appear to understand civics and civilians as impediments to their progress, necessary victims of the externalities of their companies’ growth, sad artefacts of the civilisation they will leave behind in their inexorable colonisation of the next dimension
  • Zuckerberg had to go all the way back to Augustus Caesar for a role model, and his admiration for the emperor borders on obsession. He models his haircut on Augustus; his wife joked that three people went on their honeymoon to Rome: Mark, Augustus and herself; he named his second daughter August; and he used to end Facebook meetings by proclaiming “Domination!”
  • as chronicled by Peter Turchin in End Times, his book on elite excess and what it portends, today there are far more centimillionaires and billionaires than there were in the gilded age, and they have collectively accumulated a much larger proportion of the world’s wealth
  • In 1983, there were 66,000 households worth at least $10m in the US. By 2019, that number had increased in terms adjusted for inflation to 693,000
  • Back in the industrial age, the rate of total elite wealth accumulation was capped by the limits of the material world. They could only build so many railroads, steel mills and oilwells at a time. Virtual commodities such as likes, views, crypto and derivatives can be replicated exponentially.
  • Digital businesses depend on mineral slavery in Africa, dump toxic waste in China, facilitate the undermining of democracy across the globe and spread destabilising disinformation for profit – all from the sociopathic remove afforded by remote administration.
  • on an individual basis today’s tech billionaires are not any wealthier than their early 20th-century counterparts. Adjusted for inflation, John Rockefeller’s fortune of $336bn and Andrew Carnegie’s $309bn exceed Musk’s $231bn, Bezos’s $165bn and Gates’s $114bn.
  • Zuckerberg told the New Yorker “through a really harsh approach, he established two hundred years of world peace”, finally acknowledging “that didn’t come for free, and he had to do certain things”. It’s that sort of top down thinking that led Zuckerberg to not only establish an independent oversight board at Facebook, dubbed the “Supreme Court”, but to suggest that it would one day expand its scope to include companies across the industry.
  • Any new business idea, Thiel says, should be an order of magnitude better than what’s already out there. Don’t compare yourself to everyone else; instead operate one level above the competing masses
  • Today’s billionaire philanthropists, frequently espousing the philosophy of “effective altruism”, donate to their own organisations, often in the form of their own stock, and make their own decisions about how the money is spent because they are, after all, experts in everything
  • Their words and actions suggest an approach to life, technology and business that I have come to call “The Mindset” – a belief that with enough money, one can escape the harms created by earning money in that way. It’s a belief that with enough genius and technology, they can rise above the plane of mere mortals and exist on an entirely different level, or planet, altogether.
  • By combining a distorted interpretation of Nietzsche with a pretty accurate one of Ayn Rand, they end up with a belief that while “God is dead”, the übermensch of the future can use pure reason to rise above traditional religious values and remake the world “in his own interests”
  • Nietzsche’s language, particularly out of context, provides tech übermensch wannabes with justification for assuming superhuman authority. In his book Zero to One, Thiel directly quotes Nietzsche to argue for the supremacy of the individual: “madness is rare in individuals, but in groups, parties, nations, and ages it is the rule”.
  • In Thiel’s words: “I no longer believe that freedom and democracy are compatible.”
  • This distorted image of the übermensch as a godlike creator, pushing confidently towards his clear vision of how things should be, persists as an essential component of The Mindset
  • In response to the accusation that the US government organised a coup against Evo Morales in Bolivia in order for Tesla to secure lithium there, Musk tweeted: “We will coup whoever we want! Deal with it.”
  • For Thiel, this requires being what he calls a “definite optimist”. Most entrepreneurs are too process-oriented, making incremental decisions based on how the market responds. They should instead be like Steve Jobs or Elon Musk, pressing on with their singular vision no matter what. The definite optimist doesn’t take feedback into account, but ploughs forward with his new design for a better world.
  • This is not capitalism, as Yanis Varoufakis explains in his new book Technofeudalism. Capitalists sought to extract value from workers by disconnecting them from the value they created, but they still made stuff. Feudalists seek an entirely passive income by “going meta” on business itself. They are rent-seekers, whose aim is to own the very platform on which other people do the work.
  • The antics of the tech feudalists make for better science fiction stories than they chart legitimate paths to sustainable futures.
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Facebook, in Cross Hairs After Election, Is Said to Question Its Influence - The New Yo... - 0 views

  • Facebook has been in the eye of a postelection storm for the last few days, embroiled in accusations that it helped spread misinformation and fake news stories that influenced how the American electorate voted.
  • — many company executives and employees have been asking one another if, or how, they shaped the minds, opinions and votes of Americans.
  • Some employees are worried about the spread of racist and so-called alt-right memes across the network, according to interviews with 10 current and former Facebook employees. Others are asking whether they contributed to a “filter bubble” among users who largely interact with people who share the same beliefs.
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  • “A fake story claiming Pope Francis — actually a refugee advocate — endorsed Mr. Trump was shared almost a million times, likely visible to tens of millions,” Zeynep Tufekci, an associate professor at the University of North Carolina who studies the social impact of technology, said of a recent post on Facebook. “Its correction was barely heard. Of course Facebook had significant influence in this last election’s outcome.”
  • More recently, issues with fake news on the site have mushroomed. Multiple Facebook employees were particularly disturbed last week when a fake news site called The Denver Guardian spread across the social network with negative and false messages about Mrs. Clinton, including a claim that an F.B.I. agent connected to Mrs. Clinton’s email disclosures had murdered his wife and shot himself.
  • “Of all the content on Facebook, more than 99% of what people see is authentic. Only a very small amount is fake news and hoaxes,” Mr. Zuckerberg wrote. “Overall, this makes it extremely unlikely hoaxes changed the outcome of this election in one direction or the other.”
  • Almost half of American adults rely on Facebook as a source of news, according to a study by the Pew Research Center. And Facebook often emphasizes its ability to sway its users with advertisers, portraying itself as an effective mechanism to help promote their products.
  • Chris Cox, a senior vice president of product and one of Mr. Zuckerberg’s top lieutenants, has long described Facebook as an unbiased and blank canvas to give people a voice.
  • Even in private, Mr. Zuckerberg has continued to resist the notion that Facebook can unduly affect how people think and behave. In a Facebook post circulated on Wednesday to a small group of his friends, which was obtained by The New York Times, Mr. Zuckerberg challenged the idea that Facebook had a direct effect on the way people voted.
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Does Facebook's IPO Prove That Zuckerberg Isn't Up to the Job? - The Daily Beast - 0 views

  • The IPO disaster simply creates an incentive to pry even deeper into the lives of users, “the one thing people hate most,” Wadhwa says. Facebook can track people even when they’re not on the site, watching where they go and what they do. That information, sliced and analyzed the right way, could be of great value to advertisers.
  • Placing ads next to Google search results works well because people using Google are already searching for products. Advertising on Facebook is less effective because people go to the site to talk to their friends, not look for products.
  • nobody would be complaining if Facebook stock had gone up instead of down, a feat the company could have accomplished so easily, just by selling fewer shares at a lower price. But Facebook didn’t want to leave money on the table. Zuckerberg and his bankers let hubris, self-delusion, and ego get the better of them.
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'The Social Network': A Review Of Aaron Sorkin's Film About Facebook And Mark Zuckerber... - 0 views

  • what’s important here is that Zuckerberg’s genius could be embraced by half-a-billion people within six years of its first being launched, without (and here is the critical bit) asking permission of anyone. The real story is not the invention. It is the platform that makes the invention sing.
  • Because the platform of the Internet is open and free, or in the language of the day, because it is a “neutral network,” a billion Mark Zuckerbergs have the opportunity to invent for the platform. And though there are crucial partners who are essential to bring the product to market, the cost of proving viability on this platform has dropped dramatically. You don’t even have to possess Zuckerberg’s technical genius to develop your own idea for the Internet today.
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Zuckerberg: Someone trying to disrupt midterms - 0 views

  • Facebook founder Mark Zuckerberg talks to CNN Senior Tech Correspondent Laurie Segall about what Facebook is doing to prevent meddling in the 2018 midterm
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Facebook will now ask users to rank news organizations they trust - The Washington Post - 0 views

  • Zuckerberg wrote Facebook is not “comfortable” deciding which news sources are the most trustworthy in a “world with so much division."
  • "We decided that having the community determine which sources are broadly trusted would be most objective," he wrote.
  • The new trust rankings will emerge from surveys the company is conducting. "Broadly trusted" outlets that are affirmed by a significant cross-section of users may see a boost in readership, while less known organizations or start-ups receiving poor ratings could see their web traffic decline
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  • The company's changes include an effort to boost the content of local news outlets, which have suffered sizable subscription and readership declines
  • The changes follow another major News Feed redesign, announced last week, in which Facebook said users would begin to see less content from news organizations and brands in favor of "meaningful" posts from friends and family.
  • Currently, 5 percent of Facebook posts are generated by news organizations; that number is expected to drop to 4 percent after the redesign, Zuckerberg said.
  • On Friday, Google announced it would cancel a two-month-old experiment, called Knowledge Panel, that informed its users that a news article had been disputed by independent fact-checking organizations. Conservatives had complained the feature unfairly targeted a right-leaning outlet.
  • More than two-thirds of Americans now get some of their news from social media, according to Pew Research Center.
  • rther criticism that the social network had become vulnerable to bad actors seeking to spread disinformation.
  • "Just by putting things out to a vote in terms of what the community would find trustworthy undermines the role for any serious institutionalized process to determine what’s quality and what’s not,” he said.
  • That shift has empowered Facebook and Google, putting them in an uncomfortable position of deciding what news they should distribute to their global audiences. But it also has led to questions about whether these corporations should be considered media companie
  • Jay Rosen, a journalism professor at New York University, said that Facebook learned the wrong lesson from Trending Topics, which was to try to avoid politics at all costs
  • “One of the things that can happen if you are determined to avoid politics at all costs is you are driven to illusory solutions,” he said. “I don’t think there is any alternative to using your judgement. But Facebook is convinced that there is. This idea that they can avoid judgement is part of their problem.”
  • Facebook revealed few details about how it is conducting its trust surveys,
  • "The hard question we've struggled with is how to decide what news sources are broadly trusted," Zuckerberg wrote. "We could try to make that decision ourselves, but that's not something we're comfortable with. We considered asking outside experts, which would take the decision out of our hands but would likely not solve the objectivity problem. Or we could ask you -- the community -- and have your feedback determine the ranking."
  • Some experts wondered whether Facebook's latest effort could be gamed.
  • "This seems like a positive step toward improving the news environment on Facebook," Diresta said. "That said, the potential downside is that the survey approach unfairly penalizes emerging publications."
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Obama tried to give Zuckerberg a wake-up call over fake news on Facebook - The Washingt... - 0 views

  • There has been a rising bipartisan clamor, meanwhile, for new regulation of a tech industry that, amid a historic surge in wealth and power over the past decade, has largely had its way in Washington despite concerns raised by critics about its behavior.
  • In particular, momentum is building in Congress and elsewhere in the federal government for a law requiring tech companies — like newspapers, television stations and other traditional carriers of campaign messages — to disclose who buys political ads and how much they spend on them.
  • “There is no question that the idea that Silicon Valley is the darling of our markets and of our society — that sentiment is definitely turning,” said Tim O’Reilly, an adviser to tech executives and chief executive of the influential Silicon Valley-based publisher O’Reilly Media.
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  • the Russian disinformation effort has proven far harder to track and combat because Russian operatives were taking advantage of Facebook’s core functions, connecting users with shared content and with targeted native ads to shape the political environment in an unusually contentious political season, say people familiar with Facebook’s response.
  • Unlike the Islamic State, what Russian operatives posted on Facebook was, for the most part, indistinguishable from legitimate political speech. The difference was the accounts that were set up to spread the misinformation and hate were illegitimate.
  • Facebook’s cyber experts found evidence that members of APT28 were setting up a series of shadowy accounts — including a persona known as Guccifer 2.0 and a Facebook page called DCLeaks — to promote stolen emails and other documents during the presidential race. Facebook officials once again contacted the FBI to share what they had seen.
  • The sophistication of the Russian tactics caught Facebook off-guard. Its highly regarded security team had erected formidable defenses against traditional cyber attacks but failed to anticipate that Facebook users — deploying easily available automated tools such as ad micro-targeting — pumped skillfully crafted propaganda through the social network without setting off any alarm bells.
  • One of the theories to emerge from their post-mortem was that Russian operatives who were directed by the Kremlin to support Trump may have taken advantage of Facebook and other social media platforms to direct their messages to American voters in key demographic areas in order to increase enthusiasm for Trump and suppress support for Clinton.
  • The software tool was given a secret designation, and Facebook is now deploying it and others in the run-up to elections around the world. It was used in the French election in May, where it helped disable 30,000 fake accounts, the company said. It was put to the test again on Sunday when Germans went to the polls. Facebook declined to share the software tool’s code name. 
  • “It is our responsibility,” he wrote, “to amplify the good effects [of the Facebook platform] and mitigate the bad — to continue increasing diversity while strengthening our common understanding so our community can create the greatest positive impact on the world.”
  • The extent of Facebook’s internal self-examination became clear in April, when Facebook Chief Security Officer Alex Stamos co-authored a 13-page white paper detailing the results of a sprawling research effort that included input from experts from across the company, who in some cases also worked to build new software aimed specifically at detecting foreign propaganda.
  • “Facebook sits at a critical juncture,” Stamos wrote in the paper, adding that the effort focused on “actions taken by organized actors (governments or non-state actors) to distort domestic or foreign political sentiment, most frequently to achieve a strategic and/or geopolitical outcome.” He described how the company had used a technique known as machine learning to build specialized data-mining software that can detect patterns of behavior — for example, the repeated posting of the same content — that malevolent actors might use.  
  • the intelligence agencies had little data on Russia’s use of Facebook and other U.S.-based social media platforms, in part because of rules designed to protect the privacy of communications between Americans.
  • Officials said Stamos underlined to Warner the magnitude of the challenge Facebook faced policing political content that looked legitimate. Stamos told Warner that Facebook had found no accounts that used advertising but agreed with the senator that some probably existed. The difficulty for Facebook was finding them.
  • Technicians then searched for “indicators” that would link those ads to Russia. To narrow down the search further, Facebook zeroed in on a Russian entity known as the Internet Research Agency, which had been publicly identified as a troll farm.
  • By early August, Facebook had identified more than 3,000 ads addressing social and political issues that ran in the United States between 2015 and 2017 and that appear to have come from accounts associated with the Internet Research Agency.
  • Congressional investigators say the disclosure only scratches the surface. One called Facebook’s discoveries thus far “the tip of the iceberg.” Nobody really knows how many accounts are out there and how to prevent more of them from being created to shape the next election — and turn American society against itself.
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Early Facebook staffers denounce Zuckerberg stance on Trump posts - Reuters - 0 views

  • Nearly three dozen former employees from Facebook’s early days on Wednesday blasted Chief Executive Mark Zuckerberg’s decision not to act against incendiary posts by U.S. President Donald Trump as “cowardly” and a “betrayal” of company ideals.
  • The open letter, initially reported by the New York Times, deepened a crisis facing Facebook’s leadership team, who had to defend their decision at a tense all-hands meeting the day prior following an employee walkout over the issue.
  • The former employees, including a staffer who opened Facebook’s office in Washington, implored Zuckerberg to implement checks on speech by political leaders as it does for other users, including fact-checks and labels on harmful posts.
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  • Facebook’s current approach, they said, “is not a noble stand for freedom. It is incoherent, and worse, it is cowardly.”
  • The group warned that Trump’s post on Friday, which used the racially charged phrase “when the looting starts, the shooting starts” in reference to protests over the police killing of a black man in Minnesota, could incite violence.
  • “In an age of live-streamed shootings, Facebook should know the danger of this better than most,” they said.
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Javier Olivan, Meta's new COO, built his career on global growth - 0 views

  • Sandberg, the author of the best-selling 2013 book “Lean In: Women, Work, and the Will to Lead,” has over 900,000 Instagram followers. Olivan’s Instagram, with 17 followers, is private. Until Wednesday, Olivan hadn’t published a public post to his Facebook profile since 2018.
  • Olivan’s quiet public persona doesn’t reflect his influence at the company. He’s among a handful of executives reporting to Zuckerberg, climbing near the top of the latter in his almost 15-year stint at the social-media company. He joined the C-suite five months ago, assuming the title of chief growth officer, and is also vice president of cross-Meta products and infrastructure.If Sandberg led the charge in building Facebook’s advertising business, which still represents 97% of Meta’s total revenue, Olivan deserves credit for its global expansion. His first job at the company, from 2007 to 2011, was head of international growth.
  • In addition to Vy Global, Olivan spent six years on the board of Latin American e-commerce company MercadoLibre, and he invested in geospatial imaging company Satellogic ahead of the SPAC deal it completed in January.But his career has been centered at Facebook. In 2008, Olivan accompanied Zuckerberg for an appearance at the University of Navarra. He later worked on Internet.org, an effort Facebook and other companies launched in 2013 to connect people to internet services in less developed countries.
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  • Spanish was Facebook’s first non-English language, and it was the first project Olivan worked on, he said in an interview earlier this year.Olivan has continued serving the company overseas. As recently as March, he represented Meta on a state visit with Pedro Sánchez, the prime minster o
  • Zuckerberg wrote in his Facebook post that Olivan is taking on integrated ads and business products while continuing to run infrastructure, integrity, analytics, marketing, corporate development and growth.“With some exceptions, I don’t anticipate my role will have the same public-facing aspect, given that we have other leaders at Meta who are already responsible for that work,” Olivan wrote in his Facebook post.
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Ambitious Chan Zuckerberg Initiative to combat disease is about to be tested - 0 views

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    Facebook CEO Mark Zuckerberg's ambitious $3bn aim to "cure, prevent and manage" all disease in one generation is about to take shape in a $600m "Biohub" in Silicon Valley. The project's conceit, that encouraging audacious science will usher in a "new era of accelerated progress in science and health", is about to be tested.
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Zuckerberg Bombshell: Did Facebook Bankers Quietly Slash Forecasts Before IPO? - The Da... - 0 views

  • Two days after a disastrous initial public offering, shares in Facebook are collapsing. They’re down to $33, well below the IPO price of $38.
  • The larger picture is that a powerful company, one that is collecting more information about more people than any organization in history, one that has 900 million members, making it the third-largest country on earth, is in the control of a 28-year-old man who has a history of being, well, less than forthright. Will it ever occur to people that so many who rub up against Facebook later notice that their watch and wallet are missing?
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The Truth About Facebook Privacy-if Zuckerberg Got Real - The Daily Beast - 0 views

  • The only way our business works is if we can track what you do and sell that information to advertisers. Did you honestly not realize that?
  • You are not our customer. You are the product that we sell. For us to say we’re going to protect you is like the poultry industry promising to create more humane living conditions for chickens.
  • We will never, ever stop trying to pry data out of you. How could we? We’re a business. We’re doing this to make money.
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  • Frankly, the only thing I can conclude from this is that despite all your complaining, at the end of the day you don’t really care about having your privacy invaded.
  • This isn’t just about Facebook. This is about Google, Apple, and Amazon. It’s Microsoft and Yahoo. It’s every social network, every location-based service. It’s the entire online ecosystem, this new bazillion-dollar industry, this global force that is disrupting every industry in the world by introducing a model where instead of paying for stuff with money you pay with your personal information.
  • Here’s the truth. Privacy is a bullshit concept. Privacy was over a long time ago. But apparently the human brain can’t handle this kind of change unless it is doled out slowly, a teaspoon at a time. So we all keep living this lie and pretending that privacy exists and deserves to be protected. Fine. Whatever.
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Silicon Valley's Youth Problem - NYTimes.com - 0 views

  • : Why do these smart, quantitatively trained engineers, who could help cure cancer or fix healthcare.gov, want to work for a sexting app?
  • But things are changing. Technology as service is being interpreted in more and more creative ways: Companies like Uber and Airbnb, while properly classified as interfaces and marketplaces, are really providing the most elevated service of all — that of doing it ourselves.
  • All varieties of ambition head to Silicon Valley now — it can no longer be designated the sole domain of nerds like Steve Wozniak or even successor nerds like Mark Zuckerberg. The face of web tech today could easily be a designer, like Brian Chesky at Airbnb, or a magazine editor, like Jeff Koyen at Assignmint. Such entrepreneurs come from backgrounds outside computer science and are likely to think of their companies in terms more grandiose than their technical components
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  • Intel, founded by Gordon Moore and Robert Noyce, both physicists, began by building memory chips that were twice as fast as old ones. Sun Microsystems introduced a new kind of modular computer system, built by one of its founders, Andy Bechtolsheim. Their “big ideas” were expressed in physical products and grew out of their own technical expertise. In that light, Meraki, which came from Biswas’s work at M.I.T., can be seen as having its origins in the old guard. And it followed what was for decades the highway that connected academia to industry: Grad students researched technology, powerful advisers brokered deals, students dropped out to parlay their technologies into proprietary solutions, everyone reaped the profits. That implicit guarantee of academia’s place in entrepreneurship has since disappeared. Graduate students still drop out, but to start bike-sharing apps and become data scientists. That is, if they even make it to graduate school. The success of self-educated savants like Sean Parker, who founded Napster and became Facebook’s first president with no college education to speak of, set the template. Enstitute, a two-year apprenticeship, embeds high-school graduates in plum tech positions. Thiel Fellowships, financed by the PayPal co-founder and Facebook investor Peter Thiel, give $100,000 to people under 20 to forgo college and work on projects of their choosing.
  • Much of this precocity — or dilettantism, depending on your point of view — has been enabled by web technologies, by easy-to-use programming frameworks like Ruby on Rails and Node.js and by the explosion of application programming interfaces (A.P.I.s) that supply off-the-shelf solutions to entrepreneurs who used to have to write all their own code for features like a login system or an embedded map. Now anyone can do it, thanks to the Facebook login A.P.I. or the Google Maps A.P.I.
  • One of the more enterprising examples of these kinds of interfaces is the start-up Stripe, which sells A.P.I.s that enable businesses to process online payments. When Meraki first looked into taking credit cards online, according to Biswas, it was a monthslong project fraught with decisions about security and cryptography. “Now, with Stripe, it takes five minutes,” he said. “When you combine that with the ability to get a server in five minutes, with Rails and Twitter Bootstrap, you see that it has become infinitely easier for four people to get a start-up off the ground.”
  • The sense that it is no longer necessary to have particularly deep domain knowledge before founding your own start-up is real; that and the willingness of venture capitalists to finance Mark Zuckerberg look-alikes are changing the landscape of tech products. There are more platforms, more websites, more pat solutions to serious problems
  • There’s a glass-half-full way of looking at this, of course: Tech hasn’t been pedestrianized — it’s been democratized. The doors to start-up-dom have been thrown wide open. At Harvard, enrollment in the introductory computer-science course, CS50, has soared
  • many of the hottest web start-ups are not novel, at least not in the sense that Apple’s Macintosh or Intel’s 4004 microprocessor were. The arc of tech parallels the arc from manufacturing to services. The Macintosh and the microprocessor were manufactured products. Some of the most celebrated innovations in technology have been manufactured products — the router, the graphics card, the floppy disk
  • One of Stripe’s founders rowed five seat in the boat I coxed freshman year in college; the other is his older brother. Among the employee profiles posted on its website, I count three of my former teaching fellows, a hiking leader, two crushes. Silicon Valley is an order of magnitude bigger than it was 30 years ago, but still, the start-up world is intimate and clubby, with top talent marshaled at elite universities and behemoths like Facebook and Google.
  • Part of the answer, I think, lies in the excitement I’ve been hinting at. Another part is prestige. Smart kids want to work for a sexting app because other smart kids want to work for the same sexting app. “Highly concentrated pools of top talent are one of the rarest things you can find,” Biswas told me, “and I think people are really attracted to those environments.
  • The latter source of frustration is the phenomenon of “the 10X engineer,” an engineer who is 10 times more productive than average. It’s a term that in its cockiness captures much of what’s good, bad and impossible about the valley. At the start-ups I visit, Friday afternoons devolve into bouts of boozing and Nerf-gun wars. Signing bonuses at Facebook are rumored to reach the six digits. In a landscape where a product may morph several times over the course of a funding round, talent — and the ability to attract it — has become one of the few stable metrics.
  • there is a surprising amount of angst in Silicon Valley. Which is probably inevitable when you put thousands of ambitious, talented young people together and tell them they’re god’s gift to technology. It’s the angst of an early hire at a start-up that only he realizes is failing; the angst of a founder who raises $5 million for his company and then finds out an acquaintance from college raised $10 million; the angst of someone who makes $100,000 at 22 but is still afraid that he may not be able to afford a house like the one he grew up in.
  • San Francisco, which is steadily stealing the South Bay’s thunder. (“Sometime in the last two years, the epicenter of consumer technology in Silicon Valley has moved from University Ave. to SoMa,” Terrence Rohan, a venture capitalist at Index Ventures, told me
  • Both the geographic shift north and the increasingly short product cycles are things Jim attributes to the rise of Amazon Web Services (A.W.S.), a collection of servers owned and managed by Amazon that hosts data for nearly every start-up in the latest web ecosystem.Continue reading the main story
  • now, every start-up is A.W.S. only, so there are no servers to kick, no fabs to be near. You can work anywhere. The idea that all you need is your laptop and Wi-Fi, and you can be doing anything — that’s an A.W.S.-driven invention.”
  • This same freedom from a physical location or, for that matter, physical products has led to new work structures. There are no longer hectic six-week stretches that culminate in a release day followed by a lull. Every day is release day. You roll out new code continuously, and it’s this cycle that enables companies like Facebook, as its motto goes, to “move fast and break things.”
  • A few weeks ago, a programmer friend and I were talking about unhappiness, in particular the kind of unhappiness that arises when you are 21 and lavishly educated with the world at your feet. In the valley, it’s generally brought on by one of two causes: coming to the realization either that your start-up is completely trivial or that there are people your own age so knowledgeable and skilled that you may never catch up.
  • These days, a new college graduate arriving in the valley is merely stepping into his existing network. He will have friends from summer internships, friends from school, friends from the ever-increasing collection of incubators and fellowships.
  • As tech valuations rise to truly crazy levels, the ramifications, financial and otherwise, of a job at a pre-I.P.O. company like Dropbox or even post-I.P.O. companies like Twitter are frequently life-changing. Getting these job offers depends almost exclusively on the candidate’s performance in a series of technical interviews, where you are asked, in front of frowning hiring managers, to whip up correct and efficient code.
  • Moreover, a majority of questions seem to be pulled from undergraduate algorithms and data-structures textbooks, which older engineers may have not laid eyes on for years.
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The Empathy Gap: Why Have the Paris Attacks Gotten More Attention Than the Beirut Bombi... - 0 views

  • It’s become a predictable pattern: One act of violence in the world overshadows a similar, concurrent violent act, inviting a backlash against this imbalance in scrutiny, sympathy, and grief. But that predictability doesn’t make the pattern any less distressing. Each time there’s a major terror attack in an American or European city—New York, Madrid, London, Paris, Paris again—it captures the attention and concern of Americans and Europeans in a way that similar atrocities elsewhere don’t seem to do. Seldom do events line up so neatly, offering a clear comparison, as the bombings in Beirut and the rampage in Paris.
  • Onepotential explanation is simple: There were three times more deaths in Paris than in Beirut. Beyond that are a host of other, intertwined reasons. Perhaps chief among them is familiarity. Americans are much more likely to have been to Paris than to Beirut—or to Cairo, or to Nairobi, or to any number of cities that have experienced bloody attacks. If they haven’t traveled to the French capital themselves, they’ve likely seen a hundred movies and TV shows that take place there, and can reel off the names of landmarks. Paris in particular is a symbol of a sort of high culture.
  • There is also a troubling tribal, or racial, component to this familiarity factor as well: People tend to perk up when they see themselves in the victims.
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  • Closely related is a divergence in expectations. In January, Matt Schiavenza argued perceptively in The Atlantic that one striking difference between the Charlie Hebdo massacre in Paris and a roughly contemporary suicide bombing by a 10-year-old in Nigeria was that France is not a country with a failing government or chronic conflict. As a result, attacks there are more shocking.
  • Many Americans hear “Paris” and think of the Eiffel Tower; they hear “Beirut” and immediately associate it with war. Yet that’s an outdated impression, as
  • Beirut, in fact, was once known as the Paris of the Middle East. And while that name is no longer in common usage, there are still similarities between the cities. In the centers, prosperous neighborhoods offer fine dining and glamorous shopping. Farther out, less wealthy residents—many of them immigrants or children of immigrants—live in working-class districts. Paris’s suburban districts, known as banlieues, are heavily populated by Muslim immigrants.
  • Nor is Paris quite as calm as Americans might imagine. For example: Riots of considerable size are roughly a yearly event, especially in the banlieues; in 2005, during some of the largest riots in recent memory, three people were killed in violence triggered by police chasing three boys, but clearly emblematic of deeper tensions. This may not be the Paris that many Americans think of, but it is Paris just the same. (Both Paris and Beirut even suffered serious garbage-collection strikes this year.)
  • Or should the empathy gap be attributed to an American and European press that focuses too heavily on attacks in the “West”? It’s far easier to get reporters to Paris than, say, Nairobi, though the critique is unfair to the brave reporters who report from dangerous parts of the globe year-round, not just when violence erupts. It’s a good bet that if American news organizations had devoted every resource that they dedicated to the Paris attacks to the bloodshed in Beirut instead, readers, watchers, and listeners wouldn’t have paid nearly the same amount of attention.
  • In an article for The Atlantic last year, Jacoba Urist reported on the findings of a study of natural disasters around the world, which found that the level of American media attention correlated with geographic proximity to the U.S. and the number of American tourists who had visited the country in question. (Urist noted that a 1976 Guatemalan earthquake with 4,000 fatalities accrued a third of the media coverage of an Italian earthquake with 1,000 deaths.) And as Faine Greenwood suggested after the Charlie Hebdo attacks, journalists and their audience alike suffer from a novelty bias. If it isn’t new—a new attack, a new place—it won’t garner the same buzz.
  • Founder Mark Zuckerberg has said the only reason there was no safety check-in for Beirut was that Facebook decided only after the Paris attack to deploy the feature for non-natural disasters. That aside, it makes sense that Facebook would move faster on Paris. After all, there are twice as many people in the Paris urban area as there are in all of Lebanon. Even assuming 100-percent Facebook penetration in Lebanon (not far off, probably), there are simply more Facebook users in Paris for the company to respond to.
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Facebook Meets Skepticism in Bid to Expand Internet in India - NYTimes.com - 0 views

  • are deliberately stripped down to minimize data usage and the cost to the phone company
  • Mr. Zuckerberg declined several requests to discuss Internet.org. But he remains passionate about his crusade. “Internet access needs to be treated as an important enabler of human rights and human potential,” he told the United Nations last month.
  • Last month, he hosted a live-streamed chat with India’s prime minister, Narendra Modi, from Facebook’s Silicon Valley headquarters. And this week, Mr. Zuckerberg will be in New Delhi, where he will take questions from some of Facebook’s 130 milli
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  • Phone-card sellers also tend to push whatever makes them the most money. Mr. Khan noted that another carrier had recently awarded him his choice of a Hero motorcycle or 45,000 rupees — nearly $700 — for signing up 1,000 customers. Reliance offered nothing similar.
  • “This is a program that is working to bring people online, and working incredibly well.” Mr. Daniels said. “Connectivity is something that improves people’s lives. It’s an enabler for people to be able to help themselves find jobs, help themselves improve their health situation, improve their education for themselves and their children.”
  • The Telecom Regulatory Authority of India is still mulling potential regulations. In a recent interview, however, the agency’s chairman, Ram Sewak Sharma, was skeptical of Internet.org. “Maybe they have wonderful objectives, but the way it is being implemented, that’s not really appropriate,” he said.
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Tech C.E.O.s Are in Love With Their Principal Doomsayer - The New York Times - 0 views

  • The futurist philosopher Yuval Noah Harari worries about a lot.
  • He worries that Silicon Valley is undermining democracy and ushering in a dystopian hellscape in which voting is obsolete.
  • He worries that by creating powerful influence machines to control billions of minds, the big tech companies are destroying the idea of a sovereign individual with free will.
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  • He worries that because the technological revolution’s work requires so few laborers, Silicon Valley is creating a tiny ruling class and a teeming, furious “useless class.”
  • If this is his harrowing warning, then why do Silicon Valley C.E.O.s love him so
  • When Mr. Harari toured the Bay Area this fall to promote his latest book, the reception was incongruously joyful. Reed Hastings, the chief executive of Netflix, threw him a dinner party. The leaders of X, Alphabet’s secretive research division, invited Mr. Harari over. Bill Gates reviewed the book (“Fascinating” and “such a stimulating writer”) in The New York Times.
  • it’s insane he’s so popular, they’re all inviting him to campus — yet what Yuval is saying undermines the premise of the advertising- and engagement-based model of their products,
  • Part of the reason might be that Silicon Valley, at a certain level, is not optimistic on the future of democracy. The more of a mess Washington becomes, the more interested the tech world is in creating something else
  • he brought up Aldous Huxley. Generations have been horrified by his novel “Brave New World,” which depicts a regime of emotion control and painless consumption. Readers who encounter the book today, Mr. Harari said, often think it sounds great. “Everything is so nice, and in that way it is an intellectually disturbing book because you’re really hard-pressed to explain what’s wrong with it,” he said. “And you do get today a vision coming out of some people in Silicon Valley which goes in that direction.”
  • The story of his current fame begins in 2011, when he published a book of notable ambition: to survey the whole of human existence. “Sapiens: A Brief History of Humankind,” first released in Hebrew, did not break new ground in terms of historical research. Nor did its premise — that humans are animals and our dominance is an accident — seem a likely commercial hit. But the casual tone and smooth way Mr. Harari tied together existing knowledge across fields made it a deeply pleasing read, even as the tome ended on the notion that the process of human evolution might be over.
  • He followed up with “Homo Deus: A Brief History of Tomorrow,” which outlined his vision of what comes after human evolution. In it, he describes Dataism, a new faith based around the power of algorithms. Mr. Harari’s future is one in which big data is worshiped, artificial intelligence surpasses human intelligence, and some humans develop Godlike abilities.
  • Now, he has written a book about the present and how it could lead to that future: “21 Lessons for the 21st Century.” It is meant to be read as a series of warnings. His recent TED Talk was called “Why fascism is so tempting — and how your data could power it.”
  • At the Alphabet talk, Mr. Harari had been accompanied by his publisher. They said that the younger employees had expressed concern about whether their work was contributing to a less free society, while the executives generally thought their impact was positive
  • Some workers had tried to predict how well humans would adapt to large technological change based on how they have responded to small shifts, like a new version of Gmail. Mr. Harari told them to think more starkly: If there isn’t a major policy intervention, most humans probably will not adapt at all.
  • It made him sad, he told me, to see people build things that destroy their own societies, but he works every day to maintain an academic distance and remind himself that humans are just animals. “Part of it is really coming from seeing humans as apes, that this is how they behave,” he said, adding, “They’re chimpanzees. They’re sapiens. This is what they do.”
  • this summer, Mark Zuckerberg, who has recommended Mr. Harari to his book club, acknowledged a fixation with the autocrat Caesar Augustus. “Basically,” Mr. Zuckerberg told The New Yorker, “through a really harsh approach, he established 200 years of world peace.”
  • He said he had resigned himself to tech executives’ global reign, pointing out how much worse the politicians are. “I’ve met a number of these high-tech giants, and generally they’re good people,” he said. “They’re not Attila the Hun. In the lottery of human leaders, you could get far worse.”
  • Some of his tech fans, he thinks, come to him out of anxiety. “Some may be very frightened of the impact of what they are doing,” Mr. Harari said
  • as he spoke about meditation — Mr. Harari spends two hours each day and two months each year in silence — he became commanding. In a region where self-optimization is paramount and meditation is a competitive sport, Mr. Harari’s devotion confers hero status.
  • He told the audience that free will is an illusion, and that human rights are just a story we tell ourselves. Political parties, he said, might not make sense anymore. He went on to argue that the liberal world order has relied on fictions like “the customer is always right” and “follow your heart,” and that these ideas no longer work in the age of artificial intelligence, when hearts can be manipulated at scale.
  • Everyone in Silicon Valley is focused on building the future, Mr. Harari continued, while most of the world’s people are not even needed enough to be exploited. “Now you increasingly feel that there are all these elites that just don’t need me,” he said. “And it’s much worse to be irrelevant than to be exploited.”
  • The useless class he describes is uniquely vulnerable. “If a century ago you mounted a revolution against exploitation, you knew that when bad comes to worse, they can’t shoot all of us because they need us,” he said, citing army service and factory work.
  • Now it is becoming less clear why the ruling elite would not just kill the new useless class. “You’re totally expendable,” he told the audience.
  • This, Mr. Harari told me later, is why Silicon Valley is so excited about the concept of universal basic income, or stipends paid to people regardless of whether they work. The message is: “We don’t need you. But we are nice, so we’ll take care of you.”
  • On Sept. 14, he published an essay in The Guardian assailing another old trope — that “the voter knows best.”
  • “If humans are hackable animals, and if our choices and opinions don’t reflect our free will, what should the point of politics be?” he wrote. “How do you live when you realize … that your heart might be a government agent, that your amygdala might be working for Putin, and that the next thought that emerges in your mind might well be the result of some algorithm that knows you better than you know yourself? These are the most interesting questions humanity now faces.”
  • Today, they have a team of eight based in Tel Aviv working on Mr. Harari’s projects. The director Ridley Scott and documentarian Asif Kapadia are adapting “Sapiens” into a TV show, and Mr. Harari is working on children’s books to reach a broader audience.
  • Being gay, Mr. Harari said, has helped his work — it set him apart to study culture more clearly because it made him question the dominant stories of his own conservative Jewish society. “If society got this thing wrong, who guarantees it didn’t get everything else wrong as well?” he said
  • “If I was a superhuman, my superpower would be detachment,” Mr. Harari added. “O.K., so maybe humankind is going to disappear — O.K., let’s just observe.”
  • They just finished “Dear White People,” and they loved the Australian series “Please Like Me.” That night, they had plans to either meet Facebook executives at company headquarters or watch the YouTube show “Cobra Kai.”
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As Facebook Raised a Privacy Wall, It Carved an Opening for Tech Giants - The New York ... - 0 views

  • For years, Facebook gave some of the world’s largest technology companies more intrusive access to users’ personal data than it has disclosed, effectively exempting those business partners from its usual privacy rules, according to internal records and interviews.
  • The special arrangements are detailed in hundreds of pages of Facebook documents obtained by The New York Times. The records, generated in 2017 by the company’s internal system for tracking partnerships, provide the most complete picture yet of the social network’s data-sharing practices. They also underscore how personal data has become the most prized commodity of the digital age, traded on a vast scale by some of the most powerful companies in Silicon Valley and beyond.
  • Facebook allowed Microsoft’s Bing search engine to see the names of virtually all Facebook users’ friends without consent, the records show, and gave Netflix and Spotify the ability to read Facebook users’ private messages.
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  • Facebook also assumed extraordinary power over the personal information of its 2.2 billion users — control it has wielded with little transparency or outside oversight.
  • The partnerships were so important that decisions about forming them were vetted at high levels, sometimes by Mr. Zuckerberg and Sheryl Sandberg, the chief operating officer, Facebook officials said. While many of the partnerships were announced publicly, the details of the sharing arrangements typically were confidential
  • Zuckerberg, the chief executive, assured lawmakers in April that people “have complete control” over everything they share on Facebook.
  • the documents, as well as interviews with about 50 former employees of Facebook and its corporate partners, reveal that Facebook allowed certain companies access to data despite those protections
  • Data privacy experts disputed Facebook’s assertion that most partnerships were exempted from the regulatory requirements
  • “This is just giving third parties permission to harvest data without you being informed of it or giving consent to it,” said David Vladeck, who formerly ran the F.T.C.’s consumer protection bureau. “I don’t understand how this unconsented-to data harvesting can at all be justified under the consent decree.
  • “I don’t believe it is legitimate to enter into data-sharing partnerships where there is not prior informed consent from the user,” said Roger McNamee, an early investor in Facebook. “No one should trust Facebook until they change their business model.”
  • Few companies have better data than Facebook and its rival, Google, whose popular products give them an intimate view into the daily lives of billions of people — and allow them to dominate the digital advertising market
  • Facebook has never sold its user data, fearful of user backlash and wary of handing would-be competitors a way to duplicate its most prized asset. Instead, internal documents show, it did the next best thing: granting other companies access to parts of the social network in ways that advanced its own interests.
  • as the social network has disclosed its data sharing deals with other kinds of businesses — including internet companies such as Yahoo — Facebook has labeled them integration partners, too
  • Among the revelations was that Facebook obtained data from multiple partners for a controversial friend-suggestion tool called “People You May Know.”
  • The feature, introduced in 2008, continues even though some Facebook users have objected to it, unsettled by its knowledge of their real-world relationships. Gizmodo and other news outlets have reported cases of the tool’s recommending friend connections between patients of the same psychiatrist, estranged family members, and a harasser and his victim.
  • The social network permitted Amazon to obtain users’ names and contact information through their friends, and it let Yahoo view streams of friends’ posts as recently as this summer, despite public statements that it had stopped that type of sharing years earlier.
  • agreements with about a dozen companies did. Some enabled partners to see users’ contact information through their friends — even after the social network, responding to complaints, said in 2014 that it was stripping all applications of that power.
  • Pam Dixon, executive director of the World Privacy Forum, a nonprofit privacy research group, said that Facebook would have little power over what happens to users’ information after sharing it broadly. “It travels,” Ms. Dixon said. “It could be customized. It could be fed into an algorithm and decisions could be made about you based on that data.”
  • Facebook’s agreement with regulators is a result of the company’s early experiments with data sharing. In late 2009, it changed the privacy settings of the 400 million people then using the service, making some of their information accessible to all of the internet. Then it shared that information, including users’ locations and religious and political leanings, with Microsoft and other partners.
  • But the privacy program faced some internal resistance from the start, according to four former Facebook employees with direct knowledge of the company’s efforts. Some engineers and executives, they said, considered the privacy reviews an impediment to quick innovation and growth. And the core team responsible for coordinating the reviews — numbering about a dozen people by 2016 — was moved around within Facebook’s sprawling organization, sending mixed signals about how seriously the company took it, the ex-employees said.
  • Microsoft officials said that Bing was using the data to build profiles of Facebook users on Microsoft servers. They declined to provide details, other than to say the information was used in “feature development” and not for advertising. Microsoft has since deleted the data, the officials said.
  • For some advocates, the torrent of user data flowing out of Facebook has called into question not only Facebook’s compliance with the F.T.C. agreement, but also the agency’s approach to privacy regulation.
  • “We brought Facebook under the regulatory authority of the F.T.C. after a tremendous amount of work. The F.T.C. has failed to act.
  • Facebook, in turn, used contact lists from the partners, including Amazon, Yahoo and the Chinese company Huawei — which has been flagged as a security threat by American intelligence officials — to gain deeper insight into people’s relationships and suggest more connections, the records show.
  • Facebook records show Yandex had access in 2017 to Facebook’s unique user IDs even after the social network stopped sharing them with other applications, citing privacy risks. A spokeswoman for Yandex, which was accused last year by Ukraine’s security service of funneling its user data to the Kremlin, said the company was unaware of the access
  • In October, Facebook said Yandex was not an integration partner. But in early December, as The Times was preparing to publish this article, Facebook told congressional lawmakers that it was
  • But federal regulators had reason to know about the partnerships — and to question whether Facebook was adequately safeguarding users’ privacy. According to a letter that Facebook sent this fall to Senator Ron Wyden, the Oregon Democrat, PricewaterhouseCoopers reviewed at least some of Facebook’s data partnerships.
  • The first assessment, sent to the F.T.C. in 2013, found only “limited” evidence that Facebook had monitored those partners’ use of data. The finding was redacted from a public copy of the assessment, which gave Facebook’s privacy program a passing grade over all.
  • Mr. Wyden and other critics have questioned whether the assessments — in which the F.T.C. essentially outsources much of its day-to-day oversight to companies like PricewaterhouseCoopers — are effective. As with other businesses under consent agreements with the F.T.C., Facebook pays for and largely dictated the scope of its assessments, which are limited mostly to documenting that Facebook has conducted the internal privacy reviews it claims it had
  • Facebook officials said that while the social network audited partners only rarely, it managed them closely.
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Mark Zuckerberg Wants Facebook to Emulate China's WeChat. Can It? - The New York Times - 0 views

  • WeChat users only see one or two ads a day in their Moment feeds. That’s because WeChat isn’t dependent on advertising for making money. It has a mobile payments system that has been widely adopted in China, which allows people to shop, play games, pay utility bills and order meal deliveries all from within the app. WeChat gets a commission from many of these services.
  • “WeChat has shown definitively that private messaging, especially the small groups, is the future,” said Jeffrey Towson, a professor of investment at Peking University. “It is the uber utility of business and life. It has shown the path.”
  • WeChat, which has 1.1 billion monthly active users, shows that other models — particularly those based on payments and commerce — can support massive digital businesses. That has implications for Google, Twitter and many others, as well as Facebook
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  • On WeChat, those services are underpinned by its mobile payments system, WeChat Pay. Because payments is already tied into the messaging service, people can easily order meal deliveries, book hotels, hail ride-sharing cars and pay their bills. WeChat Pay itself has 900 million monthly active users.
  • People also use WeChat Pay to transfer money and to buy personal finance products. More than 100 million customers have purchased WeChat’s personal finance products, which managed over 500 billion yuan, or $74 billion, by the end of last September, Tencent has said. Its users can buy everything from bonds and insurance to money market funds through the app.
  • “He is renowned in China’s tech scene as an artist and philosopher, as well as for his fierce mission against anything that degrades user experience,”
  • In a four-hour speech earlier this year, he pondered the question of why there were not more ads on the messaging service, especially the opening-page ads that are the norm in many other Chinese mobile apps.
  • Mr. Zhang’s answer: Many Chinese spent a lot of time — about one third of their online time — on WeChat, he said. “If WeChat were a person, it would have to be your best friend so that you would be willing to spend so much time with it,” he said. “How could I post an ad on the face of your best friend? Every time you see it, you’ll have to watch an ad before you can talk to it.”
  • Tencent makes most of its money from online games so that it does not need to sell ads for revenue.
  • said Ivy Li, a venture capitalist at Seven Seas Partners in Menlo Park, Calif. “How comprehensive the surgery is going to be and whether the implementation will be twisted by all kinds of compromises is a big question.”
  • She added: “Facebook is trying to seek a balance between a public square and a private space in an increasingly polarizing society. The final result could be it will be abandoned by both.”
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