Stories and uncover them in opinion form which is a rather large mandate. [laughter] in order to narrow the funnel i started looking through corporate figures and i saw from an amazing number of in terms of how the transition from the Financial Sector to the Technology Sector since the great financial crisis and one of the numbers that stuck out was a Mckinsey Global institute figure looking at how 80 of corporate wealth was being held in just 10 of firms and those are the firms that were richest in personal data and intellectual property so basically if you are trafficking in these things you are holding the majority of the worlds corporate wealth and the biggest of those firms were the ones that i profile in the book, facebook, apple, amazon, netflix a little bit and google. They make money, all of them, pretty differently but there is some overlap with facebook and google and Digital Advertising but look at apple and they mostly shunned advertising and look to sell their devices and
Why this book and why now . Guest i started this but i guess it was 2017 and i had just taken a job as columnist for the Financial Times where my mandate was to figure out the biggest business and economic stories and cover theinthe cover than am which is another mandate. I saw amazing numbers in terms of transitions in the financial sector. The figure looking at how 80 of corporate wealth was being held at 10 and those are the firms that were the richest in personal data and intellectual property. The biggest of those firms facebook, apple, amazon a little bit. Big and Digital Advertising they have mostly shunned advertising with the devices and technology. You mentioned it isnt an ad driven company but on a whole different basis besides the fact we think of them as being tech do they have one thing in common . Guest it is an interesting point you make because right now they are trying to separate each other as regulators what they do have in common is the Network Effect that i talked
Podcast. Given the political times that we are in and given the height and stocks of amazon, google, facebook and others, but you normally have a pretty broad scope of your coverage the job for the Financial Times by mandate was to figure out where the worlds biggest business and economic stories that cover them in opinion form which is a rather large mandate. I saw amazing numbers in terms of how well they took conditions to the Technology Sector since the great financial crisis and one of the numbers that really stuck out was the Global Institute figure looking at how 80 of corporate wealth was held at 10 of firm into those are the firms that were purchased in personal data and intellectual property so if you were holding the majority of the wealth they were the ones i profiled in the book there is some overlap with facebook and google making Digital Advertising they look at apple and mostly shined advertising. Its a great question. What they do have in common is the Network Effect a
Watch the house live on cspan and the senate live on cspan2. [background sounds] hi everybody. Im glad to see you. Thank you. Thank you so much for coming to tonight news program. Featuring robert caro and conan obrien. [applause]. Im andrea grossman, the founder of Writers Block. Now la to the end of our 23rd year. [applause]. If you are not yet on the Writers Block email us, sign up Writers Block events. Com. We just got it senator a meat sure, Writers Block presents. Com. After tonight, we are delighted to welcome back to Writers Block. The last time he visited wasnt 2002. The master of the senate. It was unforgettable. Bob story is about the genius of the johnson political machine painted a picture of a powerbroker extraordinaire who simply had no peer. Like his subject, he has no peer. Over the years bob has spoiled us with his fortress of robert moses and window johnson and entreated a slide left turns another narrative. His diversions into fascinating bystanders and diversions s
Founder of Writers Block now sailing to the end of our 30 third year. In. [applause] if you are not yet on the email list, signup. We just added senator amy klobuchar. So, www. Writers block. Com. The last time he visited was in 2002 for the master of the senate. It was unforgettable. Bobs story is about the genius of the political machine. Painted a picture of the powerbroker extraordinaire who simply had no p or. Like his subject, robert caro has no peer. Hes treated us to slight left turns in the narrative. His divergence into fascinating bystanders. Divergence so rich in detail and character that they might form the basis of future studies and of themselves. So consider his new book, working them as a companion piece to his great moses and johnson book. Today in 2019, its more pleasant than ever about power used for good and power used against the greater good. As the book answers for questions, it raises more. Into the ways and wise he does what he does with such graceful shorthan