Don't Be Evil Quotes

“smart cities, a deceptively innocent moniker for 24/7 surveillance areas”
― Rana Foroohar, Don't Be Evil: How Big Tech Betrayed Its Founding Principles -- and All of Us

“we dont pay for most digital services in dollars - but we do pay dearly, with our data and our attention. people are the resource that's being monetized. we think we are the consumers. in fact, we are the product.”
― Rana Foroohar, Don't Be Evil: How Big Tech Betrayed Its Founding Principles -- and All of Us

“Data is the new fuel for growth in multiple industries, from manufacturing to retail to financial services. But unlike other assets, it doesn’t necessarily fuel job growth, but rather, profit growth. And those profits tend to be diverted directly into executives’ and shareholders’ wallets.”
― Rana Foroohar, Don't Be Evil: How Big Tech Betrayed Its Founding Principles -- and All of Us

“government may well end up being the insurance provider of last resort, placing the burden of insuring those deemed high risk by private companies on the taxpayers”
― Rana Foroohar, Don't Be Evil: How Big Tech Betrayed Its Founding Principles -- and All of Us

“This was a culture in which the metrics were always right. The company was simply serving users, even if that meant knowingly monetizing content that was undermining the fabric of democracy.”
― Rana Foroohar, Don't Be Evil: How Big Tech Betrayed Its Founding Principles -- and All of Us

“You could argue that all of this is simply part of the “think different” mind-set, one that is necessary for entrepreneurship and radical change. The problem is that with it often comes a strong sense of entitlement and a weak sense of responsibility for any consequence of one’s actions.”
― Rana Foroohar, Don't Be Evil: How Big Tech Betrayed Its Founding Principles -- and All of Us

“But the trouble with Big Tech isn’t just an economic and business issue; it has political and cognitive implications as well.”
― Rana Foroohar, Don't Be Evil: How Big Tech Betrayed Its Founding Principles -- and All of Us

“Excuse me,” I said. “We’re talking about all this like journalism is the only thing that matters, but isn’t this really about… democracy?” If newspapers and magazines are all driven out of business by Google or companies like it, I asked, how are people going to find out what’s going on?”
― Rana Foroohar, Don't Be Evil: How Big Tech Betrayed Its Founding Principles -- and All of Us

“The labor share of the overall economic pie is at a post–World War II low, which is an enormous problem in an economy that is 70 percent dependent on consumer spending”
― Rana Foroohar, Don't Be Evil: How Big Tech Betrayed Its Founding Principles -- and All of Us

“technological advancements lift all boats only when people have the skills and access to utilize those advancements”
― Rana Foroohar, Don't Be Evil: How Big Tech Betrayed Its Founding Principles -- and All of Us

“Big Tech firms, however, have no need to raise prices, because they have a business model by which they are not paid in money; they are paid in data, via a system of barter”
― Rana Foroohar, Don't Be Evil: How Big Tech Betrayed Its Founding Principles -- and All of Us

“there's an entire sector of venture capital now devoted to funding start-ups as “talent farms” for Big Tech”
― Rana Foroohar, Don't Be Evil: How Big Tech Betrayed Its Founding Principles -- and All of Us

“network effect really kicks in when a company controls 30 or 40 percent of a given market”
― Rana Foroohar, Don't Be Evil: How Big Tech Betrayed Its Founding Principles -- and All of Us

“the population as a whole is losing the ability to focus and solve problems”
― Rana Foroohar, Don't Be Evil: How Big Tech Betrayed Its Founding Principles -- and All of Us

“the obvious corollary to winner take all is loser gets nothing, and there will inevitably be many more losers than winners”
― Rana Foroohar, Don't Be Evil: How Big Tech Betrayed Its Founding Principles -- and All of Us

“The result of this solutions-minded mentality is a kind of tunnel vision and cognitive blindness that goes a long way in explaining the lack of diversity, the toxic cultures, and the embarrassing PR blunders that plague so many Big Tech companies.”
― Rana Foroohar, Don't Be Evil: How Big Tech Betrayed Its Founding Principles -- and All of Us

“The bottom line is that most technology businesses simply don’t require many employees (think of all the robots roaming around Amazon warehouses), and this will only become truer with time. It’s been estimated that globally, 60 percent of all occupations will, in the next few years, be substantially redefined because of new disruptive technologies. 60”
― Rana Foroohar, Don't Be Evil: How Big Tech Betrayed Its Founding Principles -- and All of Us

“Theirs is a worldview in which anything and everything—government, politics, civic society, and law—can and should be disrupted. As Big Tech critic Jonathan Taplin once put it to me, “Demos—society itself—is often viewed as being ‘in the way.’ ”15”
― Rana Foroohar, Don't Be Evil: How Big Tech Betrayed Its Founding Principles -- and All of Us

“If a dominant player didn’t raise prices, according to Bork, it was not engaged in monopoly”
― Rana Foroohar, Don't Be Evil: How Big Tech Betrayed Its Founding Principles -- and All of Us

“technologists and venture capitalists i've spoken to in the past several years who say that they simply won't invest in areas that google or facebook or amazon or apple are likely to play in, because of the difficulties inherent in protecting open-source technology, and/or defending patents against the big guys, who inevitably have more time and legal muscle on their side”
― Rana Foroohar, Don't Be Evil: How Big Tech Betrayed Its Founding Principles -- and All of Us

“today's darlings can so easily become tomorrow's discards”
― Rana Foroohar, Don't Be Evil: How Big Tech Betrayed Its Founding Principles -- and All of Us

“platform for everything, the operating system for your life. this is arguably something that amazon has done best”
― Rana Foroohar, Don't Be Evil: How Big Tech Betrayed Its Founding Principles -- and All of Us

“monopolies are often a product of network effects, meaning that the more users a platform has, the more attractive it is to new users”
― Rana Foroohar, Don't Be Evil: How Big Tech Betrayed Its Founding Principles -- and All of Us

“In 2009, the twenty most valuable companies in America had 1,790 employees per $ 1 billion in market cap; today they have 656.57 Perhaps the starkest example of this trend in recent memory: When the social media firm WhatsApp was sold to Facebook in 2014, it had a market cap of $ 19 billion—more than any number of Fortune 500 firms—and only thirty-five employees. 58”
― Rana Foroohar, Don't Be Evil: How Big Tech Betrayed Its Founding Principles -- and All of Us

“apple's iphone came along, followed by google's android operating system. both companies offered not just snazzy products but successful platforms for developers. ecosystems of apps grew around them, while nokia's symbian operating system became, by comparison, hopelessly passé. by 2011, nokia was in free fall, never to recover.”
― Rana Foroohar, Don't Be Evil: How Big Tech Betrayed Its Founding Principles -- and All of Us