Programs from our archives that focus on technology. Watch them in their entirety by visiting our website, book tv. Org and use the search function at the top of the major. First from march 2019, nyu Stearns School of business professor argues that Artificial Intelligence is giving too much power to big corporations. My job is to model risk for a living and i primarily focus on technology and i over and over come back to the same companies that control the lions share of patents, that have an extraordinary amount of money, that are able to attract the best talent because they have the best food. That much have the relationships with universities, and it doesnt mean that there arent other Companies Like salesforce or nvidia or uber that arent doing amazing things, but its three the Nine Companies that this throws. And it touches all of these nine. In addition theyre building the frameworks and custom silicon chips and the code basis, all roads lead to these Nine Companies and the challe
So the concept of always being one we can all benefit from. When i started to write this book i wasnt expecting it to be released in the midst of a pandemic but in my view the topic could not be more relevant to be forced to have that day number one mentality. I love to ask you what you found to be so important about this topic but you could focus on those workers that Tech Companies cracks and how does that fit into your overall journey . And i come in with a slightly different background instead of going to Journalism School investing neighbor relations. But really i always focused on culture and organizational behavior and infrastructure. That something i always thought about in the background covering the news and the company. So obviously we started to see the tech giant to grow and they tend to fall apart they get bigger and their bureaucratic. Not the that typical lifecycle. So they kept getting stronger and stronger and stronger and as i was spending time i saw those that didnt
David i dont consider myself a journalist. And nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . Let me ask you about salesforce. Com for those people who are not that familiar with it. There may be a few. You started the company in 1999 . Marc yes. David and today it has a market value of 130 billion . Marc yes. David if you bought the stock at the beginning, you would be up about 7000 . Marc 3500 . But whos counting . You are more on those things than i am. You are a much better investor. David i dont know about that. But ok. Marc we had a good shareholder return, but the thing is we have also had what we call a very good stakeholder return. We have also been able to give away 300 million. Weve done 4 million hours of volunteerism. David for those not knowledgeable about what salesforce. Coms Main Busines
And many publications. And mikes coverage won an award for distinguished business reporting. He writes frequently about uber, facebook and other socalled giants for the times and appears often on cnbc bchl krch , and msnbc. The book signing will be in the back and appreciate if you keep the line along the wall to your far right. Enjoy reading, everybody. [applause] i thought there would be 20 people here. Yeah, its all friends, friends and and a fireside chat. A congressional hearing, be on your cspan behavior, all of us, especially mike. Yeah, im not going to curse tonight, i think. Im going to try not to. I was thinking and i think you were thinking you should probably start off with reading something. I dont know how many people here have actually read any part of the book, but i think it would be nice to, you know, have you read a part. Thank you, yeah. Thank you guys for coming, also, and especially those of you who are standing. Ive stood at many an event at this bookstore. By fr
Thank you for your patience, without objection the chair is authorized to declare recess of the committee at any time. This hearing is entitled holding wells fargo accountable, examining the role of the board of directors in the banks egregious pattern of consumer abuses i now recognize myself for four minutes to give an Opening Statement. Today we receive testimony from ms. Elizabeth duke and mr. James quigley who until earlier this week served as chair of the board of directors of wells fargo and company and Wells Fargo Bank respectively. Both have resigned after our call for their resignations following the release of a scathing majority staff report on wells fargos compliance failures and their individual failures as Board Members. But their resignations do not absolve them of their failures. Directors at wells fargo and institutions across this country must understand that they are the last line of defense when it comes to protecting their companys shareholders, employees and cust