AR: Regulation is an expression of what the society deems valuable. With companies, typically regulations have been especially effective in trying to force companies to reckon with externalities, things that they just don’t have to deal with. So pollution is the classical example, but there’s others, like safety. I think we’re not the only ones pointing at some of the cultural damage and societal damage. That’s what you see when you see these guys marched onto Capitol Hill. People are increasingly concerned about those aspects of social media companies, misinformation, all that good stuff. We get the regulation we vote for in a sense. That’s how the system works. It’s kind of a checks and balances in my view. In the last generation, the way it’s been set up is to let the private sector rip and then deal with problems afterwards. I think we’re in a moment where that is being called into question. How much state and federal regulators and … [Read more...] about How Silicon Valley turned true innovation into an overhyped delusion
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NB: We asked ourselves, what do we mean by a truly iconic brand? The first characteristic is that they are instantly recognizable visually: You look at a Coca-Cola, at a Starbucks, you recognize that brand wherever you see it. One of the first things my kid said was “Starbucks,” pointing at a logo. The second ingredient is a universal value proposition. The third is that they genuinely play a role in culture. Apple, for instance, is not just taking from culture. They are actively driving culture. And then the fourth ingredient is, do they tap into higher-order values that transcend the product—and actually stand for something. The fifth is all about emotional connection, and that is really the root of it. That’s where a brand like Disney has really benefited. It has leveraged the power of emotion. We make decisions emotionally more than rationally. Brands have a unique ability to tap into that decision-making. … [Read more...] about What Airbnb Has Discovered About Building A Lasting Brand
The branching out of this trilateral initiative in development and technological arena is a result of the people-to-people collaboration, in particular those by Indian diaspora in the US and Israel, that was initiated by Prime Minister Narendra Modi during his historic visit to Israel three years ago in July 2017, community leaders said. … [Read more...] about India, US, Israel collaborating in 5G tech: Official
There’s a phrase going around Silicon Valley: while all of us are in the same storm, we are each in different boats. Individual employees should be given the flexibility to take the time and actions necessary to ensure their health and well-being and that of their family. Since not everyone is equal in the burdens they may be experiencing outside of work, some team members may not be able to do as much, and others may have to pick it up. This is what great teams do, and you should expect it of yours too. … [Read more...] about What would Bill Campbell do?
The world’s wealthiest man hasn’t dirtied his hands by weaponizing the Post, as far as we know. But it does operate as a shield. While the left is harshly critical of Bezos, the paper’s anti-Trump orientation makes him something of a political bedfellow. It’s harder to hate the enemy of your enemy. Owning the Post has provided more oblique benefits, too. When evidence of his marital infidelity was leaked to the Trump-aligned National Enquirer, Bezos claimed that he had been hacked by the Saudi government in retaliation for the Post’s coverage of Jamal Khashoggi’s murder. Whether or not it was true, it was a good story. The tabloid scandal was replaced by geopolitical intrigue. … [Read more...] about Bezos, antitrust, and the power of media patronage