Exploring the evolving landscape of social media platforms like TikTok and Shein, the chapter discusses how Gen Z culture aligns more with millennial culture and the challenges platforms face as they age. It delves into 'instantification', the increasing presence of ads, and the declining engagement on TikTok. Shifting to philanthropy, it recounts the inspiring story of Ruth Gaddesman's billion-dollar donation to the Albert Einstein College of Medicine. Lastly, the chapter raises privacy concerns with the incident of facial recognition technology in vending machines at the University of Waterloo.
Episode 268: Neal and Toby explain why Macy's is closing over 150 of their stores and what kind of strategy they are pivoting to for the long-term. Plus, the cyberattack on UnitedHealth that is majorly impacting pharmacies and are NFTs making a comeback? Next up, TikTok's biggest audience are actually millennials and how a $1 billion donation helped a medical school in New York go tuition free. And finally, a college is getting rid of vending machines that recognize your face.
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