Pivot Zoom isn’t as “encrypted” as you think, tech regulation amidst COVID-19, and economist Gene Sperling on being in a “jobs depression”
Apr 7, 2020
Gene Sperling, former Director of the National Economic Council under Presidents Clinton and Obama, shares insights on the alarming rise of unemployment in March and how this recession differs from the 2008 financial crisis. The conversation dives into Zoom's security flaws as it becomes essential for everyday life, raising concerns about privacy. They also discuss the potential slowing of tech regulations during the pandemic and the influence of lobbyists in corporate ethics, emphasizing the urgent need for consumer protection amidst uncertainty.
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Tech and Scale
- Zoom's rapid growth led to security flaws, much like Facebook and YouTube.
- Disregard for security at scale is a common problem in tech, prioritizing growth over safety.
Zoom Under Scrutiny
- Zoom is a poster child for Big Tech, facing increased scrutiny due to its role in the current crisis.
- Zoom bombing incidents highlight the need for robust security measures.
China Connection
- Zoom's connection to China raises security concerns, especially considering China's scrutiny regarding the virus.
- China's alleged underreporting and hindering of virus research adds to these concerns.
