17 Burst results for "Francis Haugen"
TIME's Top Stories
"francis haugen" Discussed on TIME's Top Stories
"Presented by the Salvation army. Why Francis haugen is super scared about Facebook's metaverse. By Billy perrigo. In a glitzy October keynote presentation, Facebook CEO Mark Zuckerberg appeared as a cartoon avatar informing us that someday the way we interact with our Friends work with our colleagues and relax in our spare time will no longer just happen in real life nor on 2D social platforms like Facebook or Instagram. Instead, we will inhabit a 3D virtual world with endless possibilities. The mission of Facebook now meta would be to build that world. Zuckerberg said. So when I traveled to Paris to interview Francis haugen in mid November, the following questions were on my mind. Would Facebook succeed in its quest to shed its toxic brand? Would people be happy to forget about all the revelations of the last 5 years? Above all, would people trust Zuckerberg to build a new virtual reality that was safe for both its individual users and society at large? How good of course is the former Facebook employee who leaked tens of thousands of pages of company documents to the U.S. authorities and the press this fall. The document showed that Facebook, which renamed itself in the wake of the revelations, knew far more about the harms of its products, especially Facebook and Instagram than it ever led on in public. When I asked her about the metaverse, Hogan's answer focused on the extra forms of surveillance that would be necessary for any meaningful kind of metaverse experience. I am worried that if companies become metaverse companies, individuals won't get to consent anymore on whether or not to have Facebook sensors, their microphones in their homes, algin told me, this company which has already shown it lies to us whenever it's in its own interests, we're supposed to put cameras and microphones for them in our homes, she said. I also asked how again, what kinds of safety risks don't exist today, but might exist in a future where we live parts of our lives in the metaverse. I'm super scared she said, and then she launched into a thought experiment. So just imagine this with me, she said, when you go into the metaverse, your avatar is a little more handsome or pretty than yourself. You have better clothes than we have in reality. The apartment is more stylish, more calm, and you take your headset off and you go to brush your teeth at.
WNYC 93.9 FM
"francis haugen" Discussed on WNYC 93.9 FM
"Numbers After the Dow fell 1.9% 652 points yesterday Dow futures are up to 175 points Now 8 tenths of a percent S&P and NASDAQ futures are both up more than 1% Facebook whistleblower Francis haugen has testifying again today as Congress considers new accountability for tech companies She was calling for more regulation of the industry when it comes to antitrust privacy and the misinformation and lies that are amplified online Marketplaces Kimberly Adams with our sibling program marketplace tech spoke with Susan wojcicki the CEO of YouTube wojcicki told Kimberly the tech is already regulated in the U.S. and globally and urged lawmakers to be careful of unintended consequences It makes sense in many places but in other places could have a number of unintended consequences And we just want to make sure that as we work with regulators and it achieves what they are looking for as opposed to doing something that could be harmful ultimately to the creator ecosystem literally millions of small businesses that are creating content So it's a tricky balance Yeah what do you think of calls for more transparency to your algorithm itself or there's one piece of legislation that says users should be allowed to opt out of letting algorithms decide what they see So I think on transparency we are working to be more transparent and we are working to continue to give more visibility I would say that for regulators actually seeing the algorithm itself of course would be a very complex area and I don't think would achieve what most regular is want What would be most helpful is to talk about what are the end metrics that they would like us to optimize for You can hear the interview with YouTube CEO Susan wojcicki on the marketplace tech podcast Marketplace morning report is supported by health catalyst through data and analytics.
Woman's Hour
"francis haugen" Discussed on Woman's Hour
"Surely it doesn't translate offline, but the UN commissioned research actually shows that quite often it does, one in 5 of the women who responded to their survey said they've experienced stalking harassment. Other forms of hate offline that have been linked to what they're getting online. And it's really sad to speak to women from doctors to influencers to politicians to just teenage girls messaging me, telling me that they are really frightened that someone might hurt them. You can watch evidence given by the BBC's Mariana spring and Francis haugen on the parliament TV website. And if there's anything you want to get in contact about email us via our websites or message us on social media at BBC women's hour. Now, have you ever rediscovered something important to you? Well, one listener got in touch to ask us to discuss swimming finding their libidos later in life. We're going to have a Frank conversation about this..
The Vergecast
"francis haugen" Discussed on The Vergecast
"Can I congratulate you? One of our senior video folks of your empathic. Raced out to Menlo Park and took a picture of them changing the sign in front of the Facebook headquarters to say meta. They did it. They were right. That was heroic. That was heroic. So basically, a couple hours before the keynote started, they put a giant cloth, not apples, of course, but a cloth over the like sign by Facebook headquarters. And Menlo Park, then all of a sudden on Twitter, everyone's trying to get the angle of the people painting the new logo on drawing it on the sign. What is it? It's like this infinity type thing, and yeah, V race down there got some great photos. And they really did this just orchestrated like everything changed at once like all the execs on Twitter or changing their Twitter handles. Their bios and yeah, it's meta. And it is meta in the fact that it is meta, just a lot of layers to this. But yeah, I talk to Mark Zuckerberg about it. And we covered a bit of ground. He had some things to say about crypto that I had never heard him talk about and how they're excited about blockchain, smart contracts. For the metaverse, we talked about Succession, you know, ask them, are you still going to be CEO and chairman in 5 years? And he said, probably. I was really hoping you met the TV show. I wanted to hear his thoughts on shit. Disclosure, that's my only joke in this section, my partner works for, I guess meta now, so. Meta, well, that's a thing, so Oculus, the Oculus name is going away as part of this. It's now going to be the meta quest, the meta portal is such a horrible. It's not great. Can't wait to edit those reviews. So the reasoning that suck gave you in the transcript is on the site, you can read it and then next week we'll have interview with Andrew bosworth, the CTO on decoder, the Alex said it's great. But the reasonings that gave you was this is getting confusing for people. Facebook is a product. People didn't want to log into their quest for the Facebook account. And people really did not want to log into their Oculus quest for the Facebook account. There was a lot of backlash to that. I think this may just kind of surprise people. One of the main reasons that they changed the brand of the company that has been the same for 17 years is one of the most recognizable brands in the world is because Mark got concerned that people hated logging into quest with their Facebook accounts. There's another solution to that. Make sure? Maybe maybe don't force people to log into Facebook. But it's not. Well, no, no, no. You would think that it might be, you know, the Facebook name being dragged in the mud constantly by the media for all the problems, all the hate speech misinformation, the toxicity of that brand. No, like, the first thing he talked about was logging into quest. And I think that's an important, it shows his frame of mind and how he has act legitimately obsessed with this stuff. And is thinking almost like exclusively about this more futuristic phase of the company and not really at all what people are focused on right now. He's thinking about people's concerns with a product that maybe has 10 million headsets in circulation, maybe definitely Facebook's smallest product besides portal. Yeah, but here's the good faith pushback on that. I find I buy it. The reason people don't like logging into their quest headsets with their Facebook accounts is because Facebook is associated with toxicity and sharing things you don't want to share. Of course, but my point is that the vector of the concern for him is the quest. It's not like blew up, which shows you just how obsessed he is with this stuff. Is this like the moment that they're unifying all of their hardware under this new name and stuff, right? Because the portal also nobody wants because Facebook. And they're going to do these glasses and nobody wants them because of Facebook. And this is kind of their way to be like, yeah, now we're into hardware, fully unified under this new dumb name. And also Facebook's over there forget about it. It doesn't exist. Yeah, so you can't see it. That is definitely part of it. And there's going to be this new unified account system. And the details are very slim, but it's going to include Instagram, Facebook, WhatsApp, which has been separate this whole time. A meta account system that you can have that will span everything and you can choose if you want to drop it into an app or the quest or whatever. The meta smart watch, whatever else is coming. It sounds like they haven't ironed that out though. He was pretty vague about it, but he said part of this is he wants a brand that supersedes everything that is not one of the apps and obviously one of the apps that has the most toxicity tied to its name. But he used the word iconic like Facebook is the most iconic social media brand with me like three times, which is like his way of saying, I'm not totally throwing this team under the bus. Mostly. But yeah, it was a very interesting interview. I mean, he was pretty blunt and I was like, look, man, everyone's going to say you're doing this just a distance from all the scandals of the past few weeks, the whistleblower Francis haugen, the Facebook papers that we and others reported on. And he was like, that's ridiculous. He was like, we started this over 6 months ago. He's been thinking about this actually for years, formally kicked off the project 6 months ago. And he was like, if I didn't think we were running towards something versus running away from something with something this big, changing the name, then I wouldn't be doing it, which believe that if you want. But it was fascinating. The whole rebrand story is fascinating to me. He made employees inside Facebook signs separate NDAs to work on the reprint because it was so top secret. Yeah, it was it's been an interesting week..
KOMO
"francis haugen" Discussed on KOMO
"The sponsored by propel insurance Stocks ended modestly higher today than down industrials and S&P 500 rising 64 and 21 points respectively to notch fresh closing highs After the close Facebook reported mixed third quarter results the social media giant posted per share earnings of 3.22 slightly beating expectations but revenue of $29.01 billion came up shy of estimates If you work in the technology industry you're generally well compensated A recent report from hired showed that the average tech salary in Seattle is $158,000 behind only San Francisco or the averages 165,000 The Seattle Mariners all time best players now part of the baseball team's ownership Club announced today that Hall of Famer Ken griffey junior who played 13 seasons with the Mariners has taken a financial stake in the team something he called a dream come true That's your money now I'm Jim cesko como news The Francis haugen the Facebook whistle lorises her former employer not only tolerated hate but encouraged it in a campaign to keep more users on its platform for longer ABC's Pierre Thomas has more League of thousands of pages of internal documents raising more questions about Facebook and whether the social media giant has fueled hate Facebook whistleblower Francis Hogan provided redacted documents to Congress Facebook makes more money when you consume more content Hogan who testified before Congress earlier this month spoke in front of the British Parliament It fans hate right Anger and he is the easiest way to grow on Facebook A set of documents showing that restrictions deployed by Facebook to limit potential harmful content and mitigate violence were rolled back after the 2020 election Como traffic.
Bloomberg Radio New York
"francis haugen" Discussed on Bloomberg Radio New York
"Right Charlie we thank you It was another day of testimony for Francis haugen answering questions This time in parliament UK very similar to the questions she recently answered on Capitol Hill During my time at Facebook first working as the lead product manager for civic misinformation and later on counter espionage I saw Facebook repeatedly encounter conflicts between its own profits and our safety Facebook consistently resolve these conflicts in favor of its own profits The result has been more division more harm more lies more threats and more combat That was Hagen three weeks ago in a U.S. Senate hearing And the story is deepened Have you read through this stuff on the terminal Massive cache of internal documents showing employees were concerned about the spread of hate speech leading up to January 6th That reminded in general and they were contradicting in these internal communications and looking at emails and chats contradicting the company's public statements about competition So we are asking will all of this strengthen the antitrust move on Facebook We've already talked about it long before we ever heard Francis haugen With lawmakers on both sides of the aisle taking aim at the social network And we talk about it with Bill bear Former assistant attorney general for antitrust and the Obama administration is now visiting fellow in governance studies at the brookings institution Bill I'm glad you're with us Thank you for joining us What is your take on the greater question here Does this make it more likely that Facebook is broken up or faces more strict regulations or is all of that inevitable in your view Until this hurts It risks hurting their defense to the FTC charges monopolization At the end of the day credibility matters It reminds me of that great Marx brothers line Who are you going to believe me or your own the Facebook public utterances Are not matching what these documents reveal they were saying in private that hurt Think about company witnesses who may be testifying in the FTC trial down the road If they have said one thing in public and private that affects how the judge is going to view what they have to say about whether they have market power or not So if you're making this case Bill you're just gathering right now You're gathering documents You're building this case to be greater than it was before this all began Correct And this does help the company no doubt about it They've got good lawyers They've got good lobbyists I don't need to tell you that as they note that hate speech represents well under 1% of overall content on the platform and is declining Will that matter Well the FTC case is going to be less about the quality of the speech Yeah And more about whether Facebook has market power monopoly power and while Facebook says people are free to move to another platform The fact of the matter is you're not going to move to another platform If in fact your friends and family are all on Facebook or all on Instagram right If you move you're not going to be able to talk to anybody Because they're all still on Facebook You're move only make sense if everybody else moves They call that network effects And right now Bloomberg has a network Facebook has a network through Facebook and we have a different network Yeah Yes But a good one Yes We like to think so I guess the question I'm asking is you know these are all human beings working in the FTC Bill You know plenty of them or certainly their breed And I wonder if this storyline forget lawmakers I think I know where lawmakers are on this but does this storyline when it comes to the agency Create more of an urgency to do something about it even if they're not going after the speech aspect Does this reinforce that sort of personal drive to regulate this company as a monopoly Well I think it does reinforce as you say both on the hill And that at the Federal Trade Commission this sense that this company is both powerful And lacking in some degree of credibility And that reinforces I think what the FTC said when it brought its initial complaint later amended in response to the Discord judge But I think for the most part those professionals at the SEC and it the antitrust division they're professionals They focus on what they can prove and how they're going to prove it So I don't think this is happening but reinforcement of that Facebook hasn't been quite truthful with the government Going with U.S. dollars We have a little trouble with your line Bill So hopefully it'll hang in another minute I'm just curious what you see as a potential outcome here Are we talking about breaking up the company or creating rules of the road for this company It's too early to tell You know Facebook has been talking about creating rules of the road as an alternative path to a breakup We're going to ask you what the evidence is I think at the end of the day it is hard to separate outlines of commerce that have been integrated especially in a high-tech platform So we're going to have to see where that all goes But at the end of the day I think this does give impetus for some sort of some form of increased regulation Over Facebook How long does it taste like this take in your view Well longer than it should And this case is not set for trial until 2013 at the earliest And there'll be appeals Harvard comes out So we're a long way away which is one of the reasons why lawmakers are thinking of a legislative in an effort to get more control over this environment because they have today Boy we will not hold our breath but I like the idea of talking to Bill bear again Thank you bill for being with us It's great talking with an expert Who knows what they're talking about is the former assistant attorney general for antitrust That's why he was with us of course with the brookings institution and I want to play this against the panel We will reassemble Rick and Jeannie get their take on the latest from Facebook and we'll look ahead to the Virginia governor's race My God it's just about a.
Bloomberg Radio New York
"francis haugen" Discussed on Bloomberg Radio New York
"Earnings after the bell but also another round of testimony from whistleblower Francis haugen this time in the UK with more internal documents Emerging some that contradict Facebook's public stand on competition We'll get into that with Bill bear Former assistant attorney general for antitrust in the Obama administration will sort it all out with the panel Bloomberg politics contributors Genie Chan Sano and Rick Davis are with us for the hour and first the busiest week for earnings is now underway so let's get a check on the market for the busy man named Charlie pellet Fast to saar in politics Joe Matthew we've got the Dow the S&P and NASDAQ all advancing today the Dow the S&P climbing to records but you mention what's going on after ours Conference call for Facebook just getting underway after what many are calling better than feared results but Facebook the world's largest social media company did report strong third quarter revenue growth but did deliver a tepid forecast for sales and the current period After ours the stock is moving higher up now by 3.6% Another record on Wall Street traders gearing up for a busy week of technology earnings while keeping in mind inflation concerns and rising COVID-19 risks S&P up 21 points to our record 45 66 up 5 tenths of 1% The Dow up 64 of two tents nez stack up 136 up by 9 tenths ten year yield 1.63% spot gold 1807 the ounce while West Texas intermediate crude 83 76 a barrel briefly Bitcoin today at 62,579 I'm Charlie pellet Thatcher is a Bloomberg business flash.
Bloomberg Radio New York
"francis haugen" Discussed on Bloomberg Radio New York
"Here's Danny burger Joining us now to discuss his Janet movie investment director at Bruin dolphin So there had been this idea that tech was immune to some of the supply chain issues Should there be more concern about tech and being less immune to some of these supply chain constraints than originally assumed I think it does raise some concern over the sector But generally the tech sector is still one of the better sectors to be positioned amid this high inflation pressure I think investors are right to be worried about inflation There's increasing signs that this is going to last longer than what transitory originally means And I think that there is a supply issue that affects the supply of goods But actually if you look at the demand side of things it remains pretty strong looking across the number of surveys and the actual data like retail sales consumer that's still spending So there's this desire to spend about it's just not getting the goods because the container ships are stuck somewhere So what we do believe that this advertising problem that some of these tech guys are facing is likely to be temporary Once that supply chain concerns gradually dissipate So that could be an overreaction from investors in terms of the share share prices reaction for example Here more conversations like this one on Bloomberg television streaming live on Bloomberg dot com and on the Bloomberg mobile app Or check your local cable listings is budget leading with the Chancellor's pledge to kill Markets headlines and breaking news 24 hours a day Dot com the blue book business app Quick take This is a Bloomberg business plan From Bloomberg's European headquarters in the City of London on lower right with this Bloomberg radio business But shall we heard over the weekend Janet Yellen speaking to CNN So I think herk and son and inflation will persist until the second half of 2022 and believing that the debt ceiling should be increased U.S. benchmark ten year treasury yielding 1.659% also Facebook kicking off the tech Titan earnings aftermarket today Francis haugen the.
WSJ Tech News Briefing
"francis haugen" Discussed on WSJ Tech News Briefing
"Democratic senator Amy Klobuchar has been one of the most outspoken lawmakers when it comes to addressing the power of big tech. She's a co author sponsor and supporter of a number of bills that would limit what large tech firms could do, how big they could get and increase their liability for what happens on their platforms. During The Wall Street Journal's tech live event she spoke with the co host of the journal podcast, Brian knudsen. Here are highlights from that conversation starting with Ryan. I wanted to start with your reaction to The Wall Street Journal's recent investigative series. And Francis haugen, the Facebook whistleblowers, recent testimony, which you of course attended. What was your reaction when The Wall Street Journal started publishing those stories in September? My reaction was finally and not in terms of The Wall Street Journal. But finally, this issue of dominance and the need to protect not only kids, but consumers was put in a light that seems real to people. And it was the work of a fine reporting and revealing of the documents and the testimony the whistleblower who knew what she was talking about. Even though there were attempts to undermine her by the company, I think she really gained the trust of the lawmakers and she gained the trust of the public. And it just opened up a whole new world for people seeing this. And the final thing I'll say about it is parents. I just did a Zoom call with a bunch of parents and I think for them it was cathartic because they feel so alone. They're trying to get their kids off the platforms. Now they find out with some of the recent reporting that Instagram was trying to keep these kids on three to four hours a day. And bemoan the fact when it goes to less than three to four hours a day. One of the things that Francis Hogan talked about in her testimony to The Wall Street Journal reported was that for one in three teen girls that Instagram makes body image issues worse. What kind of a regulation can even tackle a problem like that? Number one, privacy law, I think helps just generally. It changes the rules of the game, parents can opt out of having their data used. It just changes the way the whole thing's organized. Just strong law. Secondly, the kids will see online privacy act, improving that to include 13 to 15 year olds and to put in some more rules or the roads of what kids can be exposed to and what advertisements they can receive. Competition policy. So allowing competition in the marketplace, new entrants to get in. And then finally, the algorithms that are really promoting what I think can be very, very difficult content for parents would be another thing to look at. Let's talk about the algorithm. As you know, obviously, section two 30 protects tech companies from the content that their algorithms promote, it protects them from all content that gets posted on their platforms. How do you think section two 30 needs to change? Well, I've suggested some focus changes to it. But it is possible, we'll have to go even bigger unless we find other ways to fix this. As you know, what that means is they can't be sued. And the way I describe this to people is, if you fire in a crowded theater, that's not protected speech. If there's a stampede, the theater probably won't be sued unless there's problems with their entries and getting out of there. If the theater decides to use speakers and have it broadcast what the person is saying or whatever misinformation they're putting out there to all of their theaters deliberately and then problems develop or there's a stampede because someone's yelling fire in its broadcast in a 12 month plex, they'd be sued right now these social media companies aren't putting that content on themselves, but they are broadcasting that content and here's the key making money off of it because that's how they get more money from polarized speech targeted things. So the argument would be, you could do it by type of speech I suggested at least for vaccine misinformation, senator array Ben ray luhan and I have a bill to do this. That you shouldn't have immunity if that's getting amplified. We're not talking here about people's comments. We're talking about the money they make amplifying it or if they are amplifying it. Senator Warner and hirono and I have a bill that gets to discriminatory speech and those kinds of things. But I think there's more and more interest I've heard in the hallways. I will say from senators on both sides of the aisle on a more blanket getting rid of the section two 30 immunity. So as you imagine changes the section two 30, do you see it tailored to just a social media companies? Or do you see changes coming to section two 30 that would cover all tech companies writ large? Yeah, I'm not going to opine on that right now because my changes have been very narrow, the ones I've suggested. But the more the time goes on, I'm not the only one that starts wondering if we should not just have the narrow changes. I'm not talking about what platforms necessary to apply to, but at least what the breadth of the lifting of the immunity is. I want to turn to antitrust into competition. We've been talking a lot about Facebook so I want to stay with Facebook for just a moment. You've said in the past that breaking up Facebook needs to be on the table. The Facebook whistleblower Francis haugen has said that she doesn't think that breaking up Facebook is a good idea. Where do you stand on that now? I think when you just hear a breakup a company, I think that, you know, that can sound like you're trying to demolish a company far from it and she makes a good case of why you want some established companies in the marketplace. You know, I agree with that. What I'm talking about here is over time, when you look at like, say, AT&T, you can call it a breakup or not. But when you divest assets. And by the way, it happens all the time in competition policy, merging companies come before the government and of course this is too late now in the Instagram case. Doesn't mean it can be looked at again when we look back. And the emerging companies say, okay, we know there's not any competition here in this area if we merge. And then they agreed to divest a certain part of their company if they're going to march. Not make the company go away, not blow the company up, but simply divest them of assets. And I think that's a legal decision to be made. Oh, a lot of tech companies right now are talking about how tech regulations ought to be regulated. As I'm sure you've seen Facebook has been running ads all over the place saying that it's time to update the nation's tech laws. What areas do you think Facebook and you agree? Okay, well, they support my on a sad act. I know that they didn't at first, but then they did for disclaimers and disclosures on political ads. They one of the things they've said is, well, yeah, we can look at changing some immunity or doing some things if as long as we meet certain standards and certain do certain things. And that really was a red light to me, you know, that's that way of looking at it. Oh, we just crossed some boxes and got some eyes and crossed some teas and then we're okay. I think we've got to have more accountability than that. But they clearly are opening the conversation, but we've had a lot of conversations and solans on these topics. You.
Bloomberg Radio New York
"francis haugen" Discussed on Bloomberg Radio New York
"This whistleblower Francis haugen who has exposed some very uncomfortable tools about research that Facebook did on itself What's been your reaction to her revelations So good for her for coming forward Good for Facebook for doing the research Bad for not like well you did the research She discovered some things that were harmful What are you doing about it It doesn't matter the fact that you say well you know maybe it's complicated or difficult It's once you discover something that is really potentially very dangerous and damaging What we should now hear from the company is and here's when we saw these reports here's the stuff we started doing Here's the way we started making tradeoffs against what might otherwise be on our interest engagement revenue whatever in order to solve these problems And that's what you want to see from companies in leadership So you're disappointed I'm disappointed Why Well because anything it's okay to have done the internal research and not reported it That's okay because like look yeah this is a problem we're fixing it But you then start the work streams to fix it Right And so one hand you say well we have these reports in this issue And what do we do We disbanded the civics integrity group You're like well that doesn't seem like you're working on it It doesn't seem like the problem is fixed So I think it's beholden on business leaders to say look when we hit these problems we work on them It doesn't mean look we didn't know this was gonna be a problem We didn't know it was gonna be an issue It's fair enough right And we're just and by the way we're following what customers want because they're clicking on things But wait there are these consequences and we should do something about the consequence It doesn't mean you can solve it perfectly but you should be working on it The research around children is particularly troubling You have this research that shows that Instagram can be harmful to teenagers And yet at the same time you're exploring building social products for kids as young as 5 years old Yeah What's wrong with that picture Is that I mean isn't that a little terrifying Well I think there's a chance where sometimes that product for 5 year old is great right Like it could be really educational learning engagement connectivity but you have to study it and you have to get it right The kids the whole reason we have childhood is we protect them and help them grow into adults Everyone has a responsibility there And at this point can we trust Facebook to be building the social network for kids I mean let's be honest Well I think they have lost trust for good reasons with this because you're not even responding to this crisis the right way I think that to regain it they have to be extra transparent They have to come forward and say look here's our dashboards Here's our metrics Here is the ways that we are trying to work on this and do things And that's the thing that is incumbent upon them to now start doing Don't say oh we have problems with a whistleblower Say here's what we're working on Here's what we're doing We know this is a problem we're working on Have you talked to mark at all and how do you think he is handling this Not yet Undoubtedly think that they have a whole bunch of eternal discussions going on right now and I wouldn't want to interrupt I mean I'm happy to help however I can I think he's a learner I think I have optimism and hope that he will learn from this His feet being applied to the fire is a good thing in this instance And then he will go okay I now need to make sure that we are being fully investing in protecting children And I think that's the stance the company needs to be at So what is the solution What is the role for regulation So while there's regulation but I think it starts with what's the dashboard that Facebook should be managing towards So for example you said well we have an engagement dashboard We have a session dashboard We have those Great We should also have other things on dashboard We should say well look if it's causing we know that certain kinds of content is causing body image issues or causing other kinds of things What we should add that to our dashboard and we should be measuring to make sure that we are having a positive impact there not a negative You don't just need one variable You don't just need the well do they click on it That's not the only variable You can put other variables in it It's part of the reason why you have a large company And that's the kind of thing that I would want to be hearing from Facebook about yeah yeah we got it and we know what we're working on And these are some good metrics that we should work towards and we are going to improve these metrics and we're going to report it on them at least to our auditors and we are going to work on this problem So here's another way to ask the question is Facebook too big to govern and too big to govern itself If you have a company with even the wisest people in charge Can they really be making decisions about every single moral ethical religious political legal issue in every single country around the world in every language How do you even possible Look at challenging and it's never going to be perfect There's always going to be lots of errors But I do think for example one thing like take for example the issues of governance and other languages where you don't have it We have AI that's getting much much better on languages Now it's not quite there yet but it's within two or three years You suddenly have kind of the equivalent of a universal translator That will make it easier That doesn't solve all the issues as cultural issues There's other kinds of things There's a political revolution here There's other things going on But that being said one of the benefits of having a central service is that you can invest in these kinds of protection mechanisms You can invest in the AI You can invest in that dialog and making it happen I actually think there are good things about global services as well where we understand other people So you don't necessarily think Facebook should be broken up I mean because the proposal has been break up the Instagram what's up Facebook or even break up Facebook India That should be its own thing So I'm precisely think the wrong answer is break up Right It's not to say that there aren't start with accountability start with transparency start with a dialog what you're doing See if you need regulation from that point of view Maybe you need to do a public private thing that's breaking up means that you don't have the resources to invest in that centralized thing Think about it this way I break it up and all of a sudden I got lots of four chains and reddits and everything else And it's even more mayhem So breaking up is not the answer Do you think the algorithm is the problem a and B do you think they should be choosing people over profit more often So the algorithm is part of the problem but also can be part of the solution which variables your.
Techmeme Ride Home
"francis haugen" Discussed on Techmeme Ride Home
"I sort of been letting the continuing Facebook controversy royal on without talking about it in much detail because there hasn't been much new in the way of details just a bunch of back and forth PR battling. Though this is interesting, whistleblower Francis haugen has accepted an invitation to brief Facebook's oversight board, which she claims Facebook has lied to repeatedly. Quoting axios. The oversight board said in a statement it wants to, quote, gather information that can help push for greater transparency and accountability end quote. Hogan's busy schedule this month will include appearing before the UK parliament on October 25th to give evidence to the joint committee considering the online safety Bill, legislation geared toward regulating social media companies. And apparently a second Facebook whistleblower says she's willing to testify before Congress and that she's shared documents with a U.S. law agency. This is from insider, quote Sophie Zhang a former Facebook data scientist who went public with her criticisms of the company in September 2020, has told CNN, she is willing to testify before Congress. Zhang also said on Twitter on Sunday that she had provided a U.S. law enforcement agency with, quote, detailed documentation regarding potential criminal violations end quote. When asked by CNN Zhang did not say which agency she gave documents to, an FBI spokesperson declined to comment when contacted by CNN. If Congress wishes for me to testify, I will fulfill my civic duty as I've publicly stated for the past half years, Yang said in a tweet Monday that linked to her CNN interview. Speaking to CNN, Zhang said she was encouraged by the apparent bipartisan support for action against Facebook following Francis Hagen, another Facebook whistleblower testifying about children's safety on Facebook and Instagram in a congressional hearing on October 5th. Zhang was fired from Facebook in August 2020, but before she left, she posted a 7800 word memo detailing how she believed the company allowed authoritarian regimes around the world to manipulate its platform. I have blood on my hands, Zhang wrote in the memo, which was obtained by BuzzFeed. Zhang wrote that she was officially being fired for, quote, poor performance..
Bloomberg Radio New York
"francis haugen" Discussed on Bloomberg Radio New York
"Kong observatory says it signal three store warning will remain in effect this morning and that it may increase to as much as signal 8 this afternoon severe tropical storm capacity skirting to the south of Hong Kong Gale force winds increasing as it approaches in the northern part of the South China Sea kindergartens have already been suspended As Singapore announces an opening of air travel restrictions there was well certainly interest Singapore airlines website was temporarily down over the weekend as people tried to jump in crash Southwest Airlines canceled more than 350 flights today following a very bad weekend The company says weather in Florida Others are saying it is a staffing shortage because of mandatory vaccination requirements and a pilot sick out The company says that is not true Merck has sought use authorization in the U.S. for its first oral antiviral treatment for COVID-19 Thailand has unveiled a road map to revive its tourism reliant economy by gradually scrapping a mandatory quarantine for vaccinated visitors UK pregnant women who have not been vaccinated against COVID-19 account for almost 20% of critically ill coronavirus patients in England's hospitals China's president Xi Jinping will have a phone call with president of the European council Charles Michel on Friday and Facebook whistleblower Francis haugen will appear before the UK and EU parliament October 25th In San Francisco I'm a Baxter R back to you mister Curtis All right thanks very much It's time now for the daybreak Asian media and tea leaves review We look at some of the top stories in media websites and in newspapers across the region Well for many of you you may have noticed Tencent has bounced about 10% in a week the stock and Alibaba is up about 20% or so in about ten days to two weeks So you might think well the regulatory crackdown in China may be winding down Well we have a report in The Wall Street Journal suggesting that now the banks and their regulators may be the next big target The newspaper reports the president Xi Jinping has ordered an investigation on financial regulators This would be to see if the PBOC and some of the banking insurance and securities watch dogs have been negligent or have grown too close to chummy to the firms that they supervise So we'll be checking this one And also from Chinese state media China's envoy tiangong says this is no time for James Bond theatrics by the United States Let's talk recoupling Chin told Phoenix television in China that the U.S. Cold War playbook should be left to Hollywood blockbusters Trade frictions are normal The key is how to deal with them And that is to look at the media Paul and dug to you All right thanks very much Brian Well we have oil right now trading at $80 and 29 cents to talk about this and other matters and Mike mcclone commodity strategist for Bloomberg intelligence Mike that oil price continuing to gain strength But how long can this continue Because Bloomberg measles also reporting a revival of shale drilling in the permanent Permian Basin in the U.S. now So have we reached the peak here Are we close to it Hello It's hard to tell exactly when the whole short covering issue is going to stop But I think who else putting in an enduring peak like it did from 2011 2014 you just mentioned shale back around 2014 the average cost for U.S. shale was closer to $60 a barrel Now it's $35 a barrel and just it's going to get ramped up It's just a matter of time and demand is flat and has been fun Now we have the highest incentive for more supply and less demand than we've had in 6 or 7 years So to me those major forces that have kept crude oil right now about half its peak from 2018 are just starting to accelerate So I think this is a short term gain in the longer term cure for higher commodity prices in crude oil the main spot you fully expect a year from now the price is at $72 a barrel And in fact I think I'll actually be lower Now that's just looking at the quarter to curve in futures It's very interesting that you attribute the move that we have seen to the upside to short covering Mike and I'm curious whether or not the same would apply to other commodities when you look at natural gas We were talking earlier about iron ore prices being up 50% over the last three weeks coal prices in China now kind of record levels Is the same to be said for each of these separate commodities that we're seeing kind of a short squeeze of sorts Well part of it is that Doug but I think this is legitimate buying my glad you mentioned natural gas Natural gas is what's pulling up most of the sector a lot of the short term issues with supply and on the back of the hurricane U.S. but it's been the worst performing most deflationary commodity in the history of commodities for last 20 years The price of natural gas right now the benchmark U.S. about 5 was first traded about 15 years ago and CPI is up almost 40% since then And the peaks have been around 6 Now it's also this time of year It's getting to November So the market is only price for a bad winter That's the major risk The average cost of U.S. sale natural gas production is around 1.5% and it's trading at 5.3 So we all know there's massive supply that just can not wait to come back on It's the same rinse and repeat That.
Bloomberg Radio New York
"francis haugen" Discussed on Bloomberg Radio New York
"Haugen a former product manager in the civic integrity unit testified this week before Congress about some of the dangers that Facebook poses Facebook knows that it's amplification algorithms things like engagement based ranking on Instagram can lead children from very innocuous topics like healthy recipes I think all of us could eat a little more healthy All the way from just something innocent like healthy recipes to anorexia promoting content over a very short period of time For his takeaways from the testimony I talked to early Facebook investor roger mcnamee cofounder of elevation partners and author of zucked waking up to the Facebook catastrophe Roger told me that Francis haugen had an extraordinary amount of access in her role at Facebook She was absolutely at the center civic integrity was responsible for addressing harms to users So she was in exactly the right place She's just utterly convincing in everything she does I thought her testimony was exceptional I can not tell you how much for relief it is to me that she has come forward because we have known about these issues but what her work has done in bringing out tens of thousands of pages of documents is to eliminate Facebook's argument that they didn't know It is incredibly clear from these documents that Facebook crafted a business model based on attention It was designed to maximize profits at any cost which is an understandable thing in capitalism So it's completely understandable that it would work that way But at the same time in this case the harm that was done to public health to democracy to teenage girls has been incalculable and the core point is they knew it was there In various forms at Google at Amazon at Microsoft and it's now being adopted throughout the economy How much of this is because of the algorithms and the way they're designed A 100% of it is The way to think about this is that this is we're dealing with a business model based on attention and the best way to get people's attention is either the scare the more outrage So roger it really raises in my mind the question is is this a bug or a fix I mean could they fix this without really substantially undermining their business model No No no You can't You can still have Facebook and Instagram But you can't have them at their current profit levels because profit maximization is what essentially leads to all the harms What can be done by Congress or by creation of an agency you mentioned before perhaps an agency I think we already have enough information to design We need three classes of things We need to think about safety and there I think something that looks like the FDA that simply looks at every technology product On a regular basis not just once but continuously to make sure that they are safe And it effectively creates a way for consumers to go to the government and say I'm sorry this is not working out for me here are.
WMAL 630AM
"francis haugen" Discussed on WMAL 630AM
"Of the brand new Nobel Peace Prize winners has harsh criticism for Facebook The Philippines Maria Reza won the Nobel Peace Prize on Friday along with Russian journalist Dimitri Muerta for having the courage to expose the truth in countries where journalists are under attack Now Reza is taking aim at Facebook telling Reuters that the social media giant prioritizes the spread of lies laced with anger and hate over facts Reza says Facebook is the world's largest distributor of news but is biased against facts and journalism Facebook reps did not respond to her comments Her remarks come after Facebook whistleblower Francis haugen testified before Congress that the company hides what it knows about the negative effects of its platform Haugen shared internal research she copied before leaving Facebook Giving your rescue Fox News The Biden administration will try to persuade the Supreme Court to reinstate the death penalty for convicted Boston Marathon bomber jokar Tsarnaev An appeals court throughout the death sentence last year A recent DUI arrest has sidelined Gonzaga basketball coach Mark few for three games Few was arrested early last month after Idaho police say his black SUV was seen swerving and speeding The coach first told officers he had not been drinking then later admitted he had two beers One blood alcohol test measured .12 all the legal limited Idaho is .08 Few will miss two preseason contests along with the bulldog's regular season opener against the Dixie state Gonzaga reached the national title game last season before losing to Baylor Bob mortality Fox News Maine lobster is in high demand and at a higher price Fishermen are also having a slower season which means now consumers are paying in the $15 per pound range that's about a third more than a year.
Bloomberg Radio New York
"francis haugen" Discussed on Bloomberg Radio New York
"A blower Francis haugen a former product manager in the civic integrity unit testified this week before Congress about some of the dangers that Facebook poses Facebook knows that it's amplification algorithms things like engagement based ranking on Instagram can lead children from very innocuous topics like healthy recipes I think all of us can eat a little more healthy All the way from just something innocent like healthy recipes to anorexia promoting content over a very short period of time For his takeaways from the testimony I talked to early Facebook investor roger mcnamee Cofounder of elevation partners and author of zucked waking up to the Facebook catastrophe Roger told me that Francis haugen had an extraordinary amount of access in her role at Facebook She was absolutely at the center civic integrity was responsible for addressing harms to users So she was in exactly the right place She's just utterly convincing in everything she does I thought her testimony was exceptional I can not tell you how much of a relief it is to me that she has come forward because we have known about these issues but what her work has done in bringing out tens of thousands of pages of documents is to eliminate Facebook's argument that they didn't know It is incredibly clear from these documents that Facebook crafted a business model based on attention It was designed to maximize profits at any cost which is an understandable thing in capitalism So it's completely understandable that it would work that way But at the same time in this case the harm that was done to public health to democracy to teenage girls has been incalculable and the core point is they knew it was there They knew it was going to happen It was they were warned about it and they chose to just continue to optimize profits And again in capitalism that's understandable but it really does cry out for regulation the same way that when the food industry was unsafe in 1906 we created the food Drug Administration when chemicals were unsafe in the 50s we created the environmental laws This came to our attention in part because of The Wall Street Journal reporting based on the documents that miss hug and had you with children and what the Facebook knew or believed about the possible risks to children What do we know about that And what does Facebook know So Facebook has known this since the day it bought Instagram The goal of Instagram from the beginning was to make young girls look better than they really are And through that process to by making the look better the effectively create a whole culture of envy And that is the business model And there's nothing you can do to change that It's been there from the David and scream was created and it is a threat to the psychological well-being of an entire generation of young women and the key thing to understand is this is not a business model that exists only at Facebook It exists in various forms at Google at Amazon at Microsoft And it's now being adopted throughout the economy How much of this is because of the algorithms and the way they're designed A 100% of it is The way to think about this is that this is we're dealing with a business model based on attention and the best way to get people's attention is either the scare the more outrage So roger it really raises in my mind the question is is this a bugger effect I mean could they fix this without really substantially undermining their business model No No no you can't You can still have Facebook and Instagram But you can't have them at their current profit levels because profit maximization is what essentially leads to all the harms What can be done by Congress or by creation of an agency you mentioned before perhaps an agency I think we already have enough information to design We need three classes of things We need to think about safety and there I think something that looks like the FDA that simply looks at every technology product On a regular basis not just once but continuously to make sure that they are safe And it effectively creates a way for consumers to go to the government and say I'm sorry this is not working out for me here are.
Bloomberg Radio New York
"francis haugen" Discussed on Bloomberg Radio New York
"Banning crypto Many of these tokens do meet the tests of being an investment contract or a note or some other form of security that we bring them within the investor protection remit of the SEC Jensen told a House hearing his focus is to ensure the crypto industry follows investor and consumer protection rules along with anti money laundering and tax laws Facebook is also a focus on Capitol Hill Nathan Facebook whistleblower and former employer Francis haugen is issuing a scathing testimony about alleged bad behavior at the company at Baxter as details from our Bloomberg 9 60 newsroom in San Francisco Francis Hogan says Facebook works tirelessly to make Congress feel that risks posed by its platforms are too difficult to fix The company intentionally hides vital information from the public from the U.S. government and from governments around the world And that somebody needs to have some control of information other than Mark Zuckerberg There are no similarly powerful companies that are as unilaterally controlled How again says she fears for the younger generation Facebook vice president in charge of content Monica bicker says regulation is fine but under the standards that companies need to hit in this industry how do they report on that Zuckerberg has issued a short statement saying her allegations are not true in that the company does not prioritize profit over safety In San Francisco I'm at Baxter Bloomberg daybreak All right thanks Elsewhere in Washington Senate majority leader Chuck Schumer is forcing another vote today to suspend the debt ceiling Republicans are united against the move At the same time President Biden is trying to keep his economic agenda live He visited the battleground state of Michigan yesterday saying that politicians who oppose his spending plans are complicit in America's decline These bills are about competitiveness.
Bloomberg Radio New York
"francis haugen" Discussed on Bloomberg Radio New York
"For a mandate to exist In the interests of public safety So I don't think individual safety is a priority I believe the safety and well-being of everybody is what's at stake right now New York City's school district is one of the first in the nation to require all school employees to be inoculated against the coronavirus In Southern California federal and state wildlife officials are working to assess the damage caused by an offshore oil pipeline leak that dumped about a 130,000 gallons of crude oil into the ocean just 5 miles off the coast of Huntington Beach over the weekend Mayor Kim Carr says that birds and fish have already washed up dead on their shores from the spill A Facebook whistleblower is alleging that the company is lying to investors and the public about its attempts to curb misinformation Francis haugen told CBS's 60 minutes that Facebook prioritizes hateful content in people's news feeds because it's more engaging and keeps people on the platform longer Facebook has realized that if they change the algorithm to be safer people will spend less time on the site they'll click on less ads They'll make less money In a statement to CBS Facebook said in part to suggest we encourage bad content and do nothing is just not true 60 minutes runs on our sister station Sunday nights on Bloomberg 99 one in D.C. Global news 24 hours a day on air and on Bloomberg quick take powered by more than 2700 journalists and analysts more than a 120 countries How Michael Barr this is Bloomberg naked Okay.