Facebook. All of them. With algorithms and that one more than just uses all customers will these businesses would generate is. They need us to like them for them to be indispensable because the more that we use them the more data we produce in the midst of a great race the dot and Big Tech Companies are on the chase. For the past 3 years academics nichol dri analysts have been investigating a phenomenon they call data colonialism. While the scales in context may have changed they say colonialism same underlying functions of empire building extraction and appropriation remain the new langue grab going on theres not land thats being grabbed its us its human life the acquisition the construction of data valuable data to corporate use out of the flow of our lives thats the lag right going on and thats why the workload is the only work that does justice to that lets think for instance of all the and use her license agreements or the terms of use that we read whenever we sign up for a new so
Fortune magazine summit in aspen colorado. This at two hours. Thank you. Moving on to our opening interview. This at one of our themes in our next story and conversation. I want to welcome the ceo to post mates. So far you appraise a court of billion dollars. Facing challenges in introducing us to a new friend. Please welcome bastion lehman. [applause]. Bastian hello. Welcome. Your Business Model at Pretty Simple. There are a few other business out there in the same area thats doing pretty well. Can you explain a little bit about how you approach innovation. Bastian good morning first of all thank you for having me i am excited for being here. We would like to compete not dollar for all dollar but at its innovation. I think in many cases at the smarter way to compete. Money at one angle and i think an important one but if they are not the most wellcapitalized player, i think you have to find alternatives. Thats what we do as a company at estimate. One of the innovations that we have he
Spanning as far east as madagascar and a large number is believed to be due to slash and burn practices by farmers has been compounded by shorter rainy seasons why its orange dinahs Data Scientists and drought specialists who focuses on african agricultural trends he says the lack of rain in the past 3 years is having a huge impact the real issue is that the impact of these brush fires is getting worse if you look at a lot of parts of sani abacha parts of the african continent particularly the west african said hello this used to be a regular occurrence during the dry season and when the rains would come around. There would allow for grasslands to grow again but unfortunately we are seeing a very significant increase in variability of rainfall its making the rainy seasons very volatile and less predictable. Still ahead this half hour israel sends tanks and troops to its borders with lebanon and syria after carrying out acts strikes in both countries. And the u. S. Congress you to call
Facebook we chat all of them. With algorithms on that one more than just uses all customers will these businesses see what generations of donna they need us to like them for them to be indispensable because the more that we use them the more we produce in the midst of a great race and Big Tech Companies are on the chase. For the past 3 years academics nichol dri analysts have been investigating a phenomenon they call datta colonialism. While the modes scales in context may have changed they say colonialism same underlying functions of empire building extraction and appropriation remain the new lang grab going on theres not land thats being grabbed its us its human life the acquisition the construction of data valuable data for corporate use out of the flow of our lives thats the lag right going on and thats why the workload is the only work that does justice to that lets think for instance of all the and use her license agreements or the terms of use that we read whenever we sign up fo
Their lack of certain results or the lack of an economic structure suggested to the colonizes that they needed to be called in the eyes they needed to have whatever the colonial system would offer them to bind them in. Free basics is just one of facebooks many initiatives across africa. Facebooks latest push here in kenya is called express why 5 companies teamed up with local Internet Service providers to install why 5 hotspots like here in the mass i town of to get on the outskirts of my neighborhood. Jerry nimble c. E. O. Is a hairdresser who signed up as of into facebooks express wife and he gets a commission on every dot a bundle he sells his customers say they look like they do his 1st book because even myself i use it im a friend of the bunch of people that you brought. Compared to other networks you get a 501100 in business for free yeah. And you finally. Yes they do they find it cheaper to fund it and then the doctors dont express why fly has been an undeniable success here it