DiscoverMore or Less#18: Why This Week Changed Social Media Forever
#18: Why This Week Changed Social Media Forever

#18: Why This Week Changed Social Media Forever

Update: 2023-10-20
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Description

The Morins and Lessins discuss the urgent questions Hamas’ terrorism against Israel raises for tech companies. Plus, how leaders should—and should not—respond to the attacks.




Show Notes


[0:00 ] Intro


[0:36 ] Opening Discussion




[2:03 ] It is a very important and troubling time in the world. Sharing some of our thoughts as a group.


[2:10 ] Impossible to not talk about the Israel and Hamas situation.


[2:15 ] We are not a political podcast nor are we political experts. We are tech people.


[2:25 ] This podcast is going to be about the tech side of it and the important tech stories about it. 


[2:30 ] We are floored and upset. The situation with Hamas is beyond comprehension. They are a terrorist organization. What they’ve done, the atrocities, are beyond pale.


[2:49 ] We wish the Israeli people the best in doing the extremely painful and hard work ahead. Which clearly has to be done. 




[3:03 ] On the tech front, 3 things on the agenda to talk about:


1. Funding and LPs in this era: As a company or a fund how do you think about who’s funding you and who you’re funding in light of the geopolitical situation?


2. Social Networks and News: Section 230, the US election in 14 months, AI is now a thing. 


3. Tech Leaders and the interesting thing about who can say what on the internet.




[4:46 ] Debate about tech leaders' statements on the situation. Note of the lack of strong condemnation of Hamas among tech leaders.


[13:15 ] Suggestion that tech leaders may be hesitant to speak out strongly due to security concerns.




[15:52 ] Debate on social networks, news, misinformation, and AI. Prediction that Section 230 is dead.


[19:47 ] Losing the "town square" into encrypted group chats and why social media will never be the same.


[26:25 ] Idea that an alternative social network for “actual relationships” should exist.


[27:23 ] Proposal that we go back to where we were before: “don’t trust the network, trust the individual.”


[27:36 ] Idea to build clubs of trust and community among Celebrity Influencers to protect the commons.


[28:40 ] Is there an opportunity for quality journalism?


[28:54 ] Skepticism that news organizations can regain trust due to business model issues. 


[30:33 ] The Rock is the answer.




[30:46 ] Discussion on founders, VCs, and LPs in this era. Who are you ok making money for? 


[34:53 ] Agreement that transparency enables the individual founder or venture capitalist to make their own decisions about who they’re making money for. 


[36:31 ] Note that pushing VCs for transparency has worked for issues like diversity. California signed a law this week.




[38:32 ] Wrap Up

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#18: Why This Week Changed Social Media Forever

#18: Why This Week Changed Social Media Forever

Dave Morin, Jessica Lessin, Brit Morin, and Sam Lessin