Pivot

Dorsey donates 28% of his wealth to COVID-19, Zoom as the poster child for tech privacy and the video-game industry as Amazon enters the production game

Apr 10, 2020
Jack Dorsey makes headlines with a staggering $1 billion donation to combat COVID-19, sparking a debate on whether such philanthropy can replace government support. The podcast delves into Zoom's privacy troubles as they enlist a security expert to mitigate concerns. Additionally, the entry of Amazon into the gaming world ignites discussions about competition and creativity in the industry. Listeners can expect insights on tech responsibility and the evolving role of billionaires in public health crises.
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ANECDOTE

Newsom's Early Leadership

  • Gavin Newsom defied federal law to marry same-sex couples when he was mayor of San Francisco.
  • This was a pivotal moment in his political career, highlighting his leadership.
INSIGHT

Billionaires' Influence

  • Jack Dorsey's $1 billion COVID-19 donation, while generous, reveals a reliance on the ultra-wealthy.
  • This raises concerns about their growing influence during crises, potentially exceeding the government's.
ADVICE

Evaluating Philanthropy

  • Report philanthropic donations as a percentage of wealth, not just dollar amounts, for better context.
  • Scrutinize press releases for philanthropy, especially when the giving is a tiny fraction of the giver's net worth.
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