CHAMATH PALIHAPITIYA COULD BE REVELING IN the status quo.
The venture capitalist made a fortune serving as an early Facebook executive, started his own firm that now manages more than $2 billion in assets and even owns a piece of the NBA champions Golden State Warriors. Instead, he keeps talking about how Silicon Valley needs to change.
In recent months, the 41-year-old founder and CEO of Social Capital has said that technology companies are “ripping apart the social fabric.” He has criticized advertising-based business models that rely on collecting users’ personal information. And during a long walk around Palo Alto in April, he told TIME that many of the people flocking to the Valley are driven by the prospect of getting their “slice of the pie,” even though “comments about saving the world” are commonplace. “It makes San Francisco and Silicon Valley not too dissimilar to Wall Street,” he said. “But it wraps itself in this moral high ground.”
Palihapitiya isn’t the only Silicon Valley insider to publicly criticize Big Tech. Tristan Harris, a former “design ethicist” at Google, has blasted peers for engineering products that are made to manipulate people’s attention. Early Facebook investor Roger McNamee has accused the company of shirking responsibility for the bad things that happen on its platform. And engineer Erica Joy Baker has repeatedly called out the industry for not being inclusive of women and people of color.
Bu hikaye Time dergisinin July 30, 2018 sayısından alınmıştır.
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Bu hikaye Time dergisinin July 30, 2018 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
The D.C. Brief - When some of the biggest donors to conservative causes made explicit their electoral opposition to a second term for Donald Trump way back in February 2023, it came as something of a shock to the Republican orbit.
When some of the biggest donors to conservative causes made explicit their electoral opposition to a second term for Donald Trump way back in February 2023, it came as something of a shock to the Republican orbit. After all, the powerful network organized under the auspices of billionaire industrialist Charles Koch had officially remained neutral in Trump's 2016 and 2020 campaigns, a sign of how uncomfortable his allies were with the nominee whose positions were so far afield from their own.
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