On with Kara Swisher Casey Newton, Kara & Nayeema Talk Tech
13 snips
Dec 22, 2022 
Join Casey Newton, founder of Platformer, and Nayeema Raza, tech journalist and event moderator, as they dive into the chaos of Twitter 2.0 and the wild world of crypto. They discuss Elon Musk's dramatic impact on Twitter, the fall of crypto giant FTX, and the evolving power dynamics between tech workers and executives. AI's looming presence in our jobs and the clash of ethics in Silicon Valley also take center stage. Expect sharp wit and insightful commentary on today's tech landscape!
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Employee Power
- Tech CEOs' hubris about employee importance will likely backfire as businesses rely on their workforce.
- Employees hold significant power, especially in tech, driving innovation and generating substantial revenue.
Crypto Crash
- Sam Bankman-Fried's FTX downfall is a crypto problem stemming from inflated balance sheets with nonsensical coins.
- Kara Swisher lost money on Bitcoin due to a misplaced hard drive.
Zuckerberg's Retreat
- Mark Zuckerberg, once considered tech's anti-hero, has become less prominent due to Meta's struggles.
- Facebook's attempts to compete with TikTok through Reels have cost them $500 million in ad sales.