Sacha Baron Cohen RIPS Facebook

Sacha Baron Cohen denounced tech giants Facebook, Twitter, YouTube and Google. Cenk Uygur, John Iadarola, and Mark Thompson, hosts of The Young Turks, break it down. MORE TYT: https://tyt.com/trial

07:19
no no I understand that but guys what
I’m afraid of is if you take that
argument to its logical extreme all
you’re gonna do is go back to the
establishment media so you’re gonna put
in so many guardrails that we’re gonna
go back to the era of acceptable thought
07:33

 

The Silicon Six:

  1. Mark Zuckerberg: Facebook
  2. Larry Page: Alphabet
  3. Sergey Brin: Alphabel
  4. Sundar Pichai: Google
  5. Susan Wojcicki: YouTube
  6. Jack Dorsey: Twitter

08:06
Facebook Zuckerberg tried to portray
this whole issue as choices around free
expression that is ludicrous this is not
about limiting anyone’s free speech this
is about giving people including some of
the most reprehensible people on earth
the biggest platform in history to reach
a third of the planet freedom of speech
is not freedom of reach Mark Zuckerberg
seemed to equate regulation of companies
like his to the actions of the most
repressive societies incredible this
from one of the six people who decide
what information so much of the world
sees
Zuka burger t’set facebook sundar pichai
at google at its parent company alphabet
Larry Page and Sergey Brin Bryn’s
ex-sister-in-law Susan Wojcicki at
YouTube and Jack Dorsey at Twitter the
silicon six all billionaires all
Americans who care more about boosting
their share price than about protecting
democracy this this is ideological
imperialism six unelected individuals in
Silicon Valley imposing their vision on
the rest of the world unaccountable to
any government and acting like their
Abarth of the reach of law it’s like

How McKinsey Became One Of The Most Powerful Companies In The World

When the most powerful executives in the world have a problem they just can’t crack, many of them turn to McKinsey – a prestigious and secretive consulting firm that has been influencing business and government decisions for decades. But now, as consumers require more transparency, the company has been thrust into the spotlight.

 

 

12 min

influential in Western Europe they have
been for half a century
whether that’s England or Germany or
elsewhere but also some recent New York
Times reporting has shown that they are
very involved with China a lot of
state-owned enterprises Saudi Arabia
South Africa is a great example there
the company was ensnared in a government
corruption scandal McKinsey repaid about
seventy four million dollars in fees and
while not admitting legal wrongdoing has
apologised for its involvement global
managing partner Kevin Schneider told
CNBC Africa I think we’ve learned many
lessons from the saga not the least of
which is when you make a mistake it’s
best to say sorry quickly and clearly
and then take steps to ensure you don’t
repeat the errors and so the second

Non-tech businesses are beginning to use artificial intelligence at scale

Artificial intelligence is spreading beyond the technology sector, with big consequences for companies, workers and consumers, says Alexandra Suich Bass

Sundar Pichai, Google’s boss, has said that AI will have a “more profound” impact than electricity or fire.

.. Bosses of non-tech companies in a broad range of industries are starting to worry that AI could scorch or even incinerate them, and have been buying up promising young tech firms to ensure they do not fall behind. In 2017 firms worldwide spent around $21.8bn on mergers and acquisitions related to AI

.. Around 85% of companies think AI will offer a competitive advantage, but only one in 20 is “extensively” employing it today

..  Chinese firms have an early edge, not least because the government keeps a vast database of faces that can help train facial-recognition algorithms; and privacy is less of a concern than in the West.

..  If they invest huge sums in AI early on, they run the risk of overcommitting themselves or paying large amounts for worthless startups, as many did in the early days of the internet. But if they wait too long, they may leave themselves open to disruption from upstarts, as well as from rivals that were quicker to harness technology.

.. Gurdeep Singh of Microsoft speaks of AI systems as “idiots savants”; they can easily do jobs that humans find mind-boggling, such as detecting tiny flaws in manufactured goods or quickly categorising millions of photos of faces, but have trouble with things that people find easy, such as basic reasoning.

.. In the near future AI will reshape traditional business functions such as finance, HR and customer service

.. But over time it will also disrupt whole industries, for example by powering the rise of autonomous vehicles or the discovery of entirely new drug combinations.

.. many bosses are more interested in the potential cost and labour savings than in the broader opportunities AI might bring

.. Some companies may not actually eliminate existing jobs but use technology to avoid creating new ones.

.. And workers who keep their jobs are more likely to feel spied on by their employers.

.. A longer-term concern is the way AI creates a virtuous circle or “flywheel” effect, allowing companies that embrace it to operate more efficiently, generate more data, improve their services, attract more customers and offer lower prices. That sounds like a good thing, but it could also lead to more corporate concentration and monopoly power—as has already happened in the technology sector.