WEBVTT - Tech News: Lost in the Amazon

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<v Speaker 1>Welcome to tex Stuff, a production from I Heart Radio.

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<v Speaker 1>Hey there, and welcome to tech Stuff. I'm your host,

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<v Speaker 1>Jonathan Strickland. I'm an executive producer with I Heart Radio

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<v Speaker 1>and a lot of all things tech. And it is

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<v Speaker 1>time for the news for Thursday, February four, twenty twenty one.

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<v Speaker 1>Let's get to it, and I think our top story

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<v Speaker 1>should be pretty obvious, and that's that Jeff Bezos is

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<v Speaker 1>stepping down as CEO of Amazon later this year. The

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<v Speaker 1>announcement came out on Tuesday, which I think was pretty rude,

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<v Speaker 1>as I had already recorded and published the news episode

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<v Speaker 1>for that day by the time the press release came out.

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<v Speaker 1>Not a lot of consideration there for me. Jeff. This

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<v Speaker 1>comes after a banner year for Amazon, at least the

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<v Speaker 1>corporate coffer part of it. While millions of folks were

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<v Speaker 1>struggling to find out how to work and parent and

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<v Speaker 1>all that stuff during a pandemic. Amazon passed the one

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<v Speaker 1>trillion dollar market cap, and it's well in its way

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<v Speaker 1>to to trillion at this point. Heck, Amazon made one

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<v Speaker 1>hundred billion dollars in one quarter. That means three months.

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<v Speaker 1>Bezos will not be leaving the company entirely he'll actually

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<v Speaker 1>be playing a pretty firm hand with Amazon as the

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<v Speaker 1>executive chairman of the board of directors. As for his replacement,

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<v Speaker 1>that will be Andy Jesse, who heads up the Amazon

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<v Speaker 1>Web Services Division a k a a w S. And

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<v Speaker 1>while I think most folks probably think of Amazon as

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<v Speaker 1>an online retail company, you know where you go to

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<v Speaker 1>buy everything from books to boats, more than half of

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<v Speaker 1>Amazon's operating income actually comes from a WS. The division

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<v Speaker 1>is responsible for enormous server farms that provide hosting services

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<v Speaker 1>for cloud based applications web companies. You might remember a

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<v Speaker 1>recent news item that AWS booted the social network Parlor

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<v Speaker 1>or parlay from its servers for failing to moderate content

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<v Speaker 1>on the platform, which was a violation of Amazon's policies.

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<v Speaker 1>Jesse will take over for Bezos later this year. According

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<v Speaker 1>to Bezos, he will quote focus my energies and attention

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<v Speaker 1>on new products and early initiatives end quote. In addition

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<v Speaker 1>to that work, Bezos also will spend more time with

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<v Speaker 1>several of his other companies, such as his private space

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<v Speaker 1>company Blue Origin, and I guess maybe figuring out what

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<v Speaker 1>he's gonna do with that more than five billion dollars

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<v Speaker 1>he has in wealth. Now, based on this reporting, you

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<v Speaker 1>might think that I envy Jeff Bezos, and you would

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<v Speaker 1>be right. But he's a business genius and I'm not.

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<v Speaker 1>So I also understand that I'm just not the type

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<v Speaker 1>of person to a mass that kind of wealth. Also,

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<v Speaker 1>as we'll be talking about in a little bit, I

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<v Speaker 1>probably don't have the stomach to do some of the

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<v Speaker 1>things that billionaires do in order to become billionaires. And

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<v Speaker 1>now for a few more Amazon stories, we could think

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<v Speaker 1>of this as being lost in the Amazon. So next

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<v Speaker 1>up our plans that Amazon has for a new glass

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<v Speaker 1>tower high rise building in Arlington, Virginia. This would be

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<v Speaker 1>part of Amazon's HQ two headquarters project. You might remember

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<v Speaker 1>that several years ago all of the United States was

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<v Speaker 1>in a bidding war to become the place for Amazon's headquarters,

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<v Speaker 1>and a lot of people, myself included, assumed that Amazon

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<v Speaker 1>was just playing the long game, trying to you know,

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<v Speaker 1>put some leverage on the choices that were already at

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<v Speaker 1>the top of its list to get them to give them,

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<v Speaker 1>you know, much better tax and syntoms and stuff. This

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<v Speaker 1>is the outcome of that. So the design of this

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<v Speaker 1>tower calls for it to be three fifty feet or

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<v Speaker 1>around a hundred six meters tall, and around this tower

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<v Speaker 1>will be three twenty two story buildings that will also

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<v Speaker 1>be part of the HQ two campus now. According to

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<v Speaker 1>a press release, the tower is meant to connect people

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<v Speaker 1>with nature and have a vertical forest arranged in a

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<v Speaker 1>couple of spiraling walkways that go from the base all

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<v Speaker 1>the way to the top of the tower. There will

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<v Speaker 1>be some public spaces incorporated, though not throughout the whole structure,

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<v Speaker 1>and Amazon plans to offer public tours of the building,

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<v Speaker 1>which will be called the Helix. Now. That sounds like

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<v Speaker 1>a setting in an Assassin's Creed game to me, but

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<v Speaker 1>Amazon says the inspiration for the design comes from the

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<v Speaker 1>helix shape found and everything from conk shells to DNA.

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<v Speaker 1>Inside the space will be a massive meeting area capable

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<v Speaker 1>of holding people, and there will be an artist in

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<v Speaker 1>residence program there. And spiraling around that exterior is that

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<v Speaker 1>green space allowing people to kind of stroll up a

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<v Speaker 1>wooded spiral walkway. Looks like it might be stairs all

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<v Speaker 1>the way up, so it might be a little rough

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<v Speaker 1>if you aren't like used to climbing a lot of steps,

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<v Speaker 1>and you can go all the way to the tippy top. Apparently,

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<v Speaker 1>my favorite description of the artist rendering for the helix

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<v Speaker 1>comes courtesy of Jacob Krastanaki's of The Verge, who calls

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<v Speaker 1>it a quote glass poop emoji covered in trees end quote. Also,

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<v Speaker 1>I should point out that as of this recording, this

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<v Speaker 1>whole thing is just a proposal for Amazon to move forward.

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<v Speaker 1>They will need to get clearance from Arlington City government

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<v Speaker 1>before they can break any ground on the structure. In

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<v Speaker 1>a previous news update, I talked about how workers at

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<v Speaker 1>an Amazon warehouse and Bessemer, Alabama, which I just want

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<v Speaker 1>to call Bessame, was that they were attempting to unionize

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<v Speaker 1>and if they manage that, they will be the first

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<v Speaker 1>of Amazon's US based warehouses to do it. The company

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<v Speaker 1>isn't exactly backing down from this development, however. The Seattle

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<v Speaker 1>Times reports that Amazon has funded a pr campaign against

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<v Speaker 1>the unionization efforts that employees are pursuing with the retail,

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<v Speaker 1>wholesale and department store union. According to the papers sources,

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<v Speaker 1>Amazon employees have been ordered to attend mandatory meetings in

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<v Speaker 1>which managers present quote anti union propaganda thinly veiled as

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<v Speaker 1>factual information end quote. These meetings are pretty small. There

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<v Speaker 1>are about fifteen employees per meeting and they last about

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<v Speaker 1>half an hour. While I'm sure the meetings aren't much fun,

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<v Speaker 1>I also imagine managers must have a pretty tough message

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<v Speaker 1>to sell. After all, if you work for a company

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<v Speaker 1>that makes one hundred billion dollars in just three months,

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<v Speaker 1>I figure you might start asking yourself questions like, Hey,

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<v Speaker 1>couldn't you afford better compensation and benefits for us? According

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<v Speaker 1>to the Seattle Times piece, Amazon hasn't had to worry

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<v Speaker 1>about unions a lot due to the fact that the

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<v Speaker 1>company pays a little bit better than most competing retail

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<v Speaker 1>and warehouse based jobs, and to the employee turnover is

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<v Speaker 1>so high that there aren't a lot of people who

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<v Speaker 1>are in a position for long enough for any real

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<v Speaker 1>momentum to build. But the pandemic really change things. Not

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<v Speaker 1>only did it spur on more consumer activity well a

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<v Speaker 1>lot more folks buying stuff online, and also more cloud

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<v Speaker 1>based activity, with more businesses having to move to the

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<v Speaker 1>cloud to conduct business, but it also brought to light

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<v Speaker 1>work conditions in these warehouses that included a higher risk

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<v Speaker 1>of spreading COVID nineteen. In addition, the black Lives Matter

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<v Speaker 1>movement has played a part. Many of the employees at

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<v Speaker 1>Amazon's Bessemer where house are black. Employees, will vote on

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<v Speaker 1>whether to unionize later this month. That voting process actually

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<v Speaker 1>extends all the way through March, and employees should expect

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<v Speaker 1>to see a lot more anti union rhetoric from Amazon

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<v Speaker 1>in the meantime. And we're not quite out of the

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<v Speaker 1>Amazon yet. The company will pay a settlement of sixty

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<v Speaker 1>one point seven million dollars over allegations brought against it

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<v Speaker 1>by the US Federal Trade Commission, or f TC. The

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<v Speaker 1>reason well, according to the FTC, Amazon didn't pay its

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<v Speaker 1>Flex delivery driver force the full amount of tips that

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<v Speaker 1>were received from customers. Flex drivers, by the way, our

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<v Speaker 1>delivery personnel who pick up shifts on demand to deliver

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<v Speaker 1>stuff like Amazon Fresh or Whole Foods orders, as well

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<v Speaker 1>as help with particularly heavy delivery days. And who boy,

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<v Speaker 1>this thing, I mean, it really makes my blood boil.

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<v Speaker 1>I'm in a position in which I can afford to

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<v Speaker 1>tip delivery personnel, and because I did penn upon them

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<v Speaker 1>so much, and because these workers are in a much

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<v Speaker 1>more risky position than I am, I feel like tipping

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<v Speaker 1>is away from me to support them and to thank

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<v Speaker 1>them for doing a tough and demanding job. So to

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<v Speaker 1>hear about companies pocketing money from tips from customers, money

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<v Speaker 1>that customers expect will go to the delivery employee, not

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<v Speaker 1>you know, the machine that is profiting from that employee's work, Well,

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<v Speaker 1>that just burns my biscuits, y'all. Now, granted, I'm talking

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<v Speaker 1>about kind of the situation that we're in right now,

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<v Speaker 1>but these allegations are actually from before the pandemic. In sixteen,

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<v Speaker 1>the FTC says that Amazon made a policy change. Drivers

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<v Speaker 1>had been earning between eighteen to twenty an hour plus tips.

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<v Speaker 1>Amazon pushed them to a lower hourly rate, and, according

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<v Speaker 1>to the FTC, quote intentionally failed end quote to tell

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<v Speaker 1>drivers about the change and then use the tips from

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<v Speaker 1>customers to pad out the difference between the new lower

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<v Speaker 1>hourly rate and the old higher hourly rate, the one

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<v Speaker 1>that people were promised. So, in other words, Amazon, according

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<v Speaker 1>to the FTC, was using tips to subsidize what had

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<v Speaker 1>been the promised hourly rate before they changed it, which

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<v Speaker 1>is pretty dang scummy. Amazon of course, disagrees with the

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<v Speaker 1>FDC's conclusions, stating that there was never any intentional miscommunication

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<v Speaker 1>and then the company added quote additional clarity in two

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<v Speaker 1>thousand nineteen end quote and just to be clear, while

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<v Speaker 1>I am dunking on Amazon right now. Other companies have

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<v Speaker 1>similarly used tips to subsidize worker wages in the past.

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<v Speaker 1>Door Dash did that up to two thousand nineteen, at

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<v Speaker 1>which point the CEO of the company said that door

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<v Speaker 1>Dash would stop doing that. Instacart also had a similar

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<v Speaker 1>approach until the company was called out on it. So

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<v Speaker 1>if you are someone who tips still have refolks, and

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<v Speaker 1>if you use delivery folks and you can afford to tip,

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<v Speaker 1>you probably should be doing that. It's good to also

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<v Speaker 1>do a bit of research on the various companies to

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<v Speaker 1>make sure that those tips are actually going to the

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<v Speaker 1>people who are doing the work, not subsidizing a company's payroll.

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<v Speaker 1>Let's move over to Google. For the first time, Google

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<v Speaker 1>revealed how much revenue it generated through its cloud services business.

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<v Speaker 1>The division brought in thirteen point oh six billion dollars

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<v Speaker 1>in twenty twenty. However, it also reported an operating loss

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<v Speaker 1>of five point six one billion dollars, so it costs

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<v Speaker 1>more than they made that those losses don't indicate a

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<v Speaker 1>floundering business. Rather Google has been pouring a lot of

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<v Speaker 1>money into expanding its cloud services division, including hiring on

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<v Speaker 1>more sales personnel. As I mentioned earlier, cloud services are

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<v Speaker 1>a big business. I mean, they represent more than half

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<v Speaker 1>of Amazon's revenue for twenty twenty, and Google is pressure

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<v Speaker 1>to diversify as its chief source of revenue is through

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<v Speaker 1>online advertising. That's a sector that was hit very hard

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<v Speaker 1>in twenty twenty as companies across various industries began to

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<v Speaker 1>scale back marketing efforts during the pandemic. I'm sure we'll

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<v Speaker 1>see a lot more about Google being a cloud services

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<v Speaker 1>company moving forward. And rounding out this first segment of

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<v Speaker 1>our news episode is the story of India issuing a

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<v Speaker 1>warning to Twitter. Now, the heart of the matter is

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<v Speaker 1>the issue of ongoing protests among farmers in India. That

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<v Speaker 1>whole political situation is incredibly complicated, and I am no

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<v Speaker 1>expert on Indian politics or agricultural policies, but basically, if

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<v Speaker 1>I'm interpreting it correctly, I believe the main concern is

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<v Speaker 1>that a trio of farm acts that were passed by

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<v Speaker 1>the Indian government in September twenty twenty might set the

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<v Speaker 1>stage for big corporations to dominate the farming into street

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<v Speaker 1>in India and muscle out all the independent farmers. That

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<v Speaker 1>appears to be the interpretation now. While the majority Indian

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<v Speaker 1>government has kind of dismissed such concerns, calling this misinformation

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<v Speaker 1>or a misunderstanding, members of the opposition have voiced concerns

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<v Speaker 1>and farmers in India have organized some pretty massive and

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<v Speaker 1>sometimes violent protests. Part of the government's response to the

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<v Speaker 1>protests has been to pressure Twitter to block high profile

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<v Speaker 1>accounts in India that support the protests, as well as

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<v Speaker 1>you know, restrict certain hashtags that allow people to easily

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<v Speaker 1>share online ideas about protests. Initially, Twitter did block requested profiles,

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<v Speaker 1>but then a few hours later they lifted the ban,

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<v Speaker 1>and the Indian government says that Twitter is acting like

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<v Speaker 1>some sort of social arbiter that's acting like it's above

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<v Speaker 1>the law, and so India is threatening legal action against Twitter.

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<v Speaker 1>Some internet advocacy groups are pushing back against the Indian government,

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<v Speaker 1>such as Rahman Chimah, who works for the advocacy group

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<v Speaker 1>Access Now. Chima says that the Indian government needs to

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<v Speaker 1>explain how their actions against Twitter are not a violation

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<v Speaker 1>of India's own constitution. This is a very big story

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<v Speaker 1>that is very much still playing out right now, and

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<v Speaker 1>I'm sure I will be following up on this again

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<v Speaker 1>in the future. Well, that wraps up our first round

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<v Speaker 1>of news. When we come back, we'll talk a little

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<v Speaker 1>bit about some other stuff, including an update on the

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<v Speaker 1>good old solar Winds hack. But first let's take a

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<v Speaker 1>quick break. We're back, and as I said before the break,

0:14:49.600 --> 0:14:51.920
<v Speaker 1>we're going to start this segment with some updates on

0:14:51.960 --> 0:14:54.880
<v Speaker 1>the solar wind hack. Now, as a quick refresher, solar

0:14:54.920 --> 0:14:57.680
<v Speaker 1>wind is a software vendor that makes products for big

0:14:57.720 --> 0:15:01.920
<v Speaker 1>companies and government agencies. The software is mostly geared around

0:15:01.920 --> 0:15:07.120
<v Speaker 1>stuff like I T resource management, monitoring network systems. Hackers,

0:15:07.360 --> 0:15:12.080
<v Speaker 1>likely backed by Russia, compromised a software product called Orion

0:15:12.440 --> 0:15:15.560
<v Speaker 1>and inserted some malware that allowed the hackers to get

0:15:15.600 --> 0:15:19.560
<v Speaker 1>access to compromise systems, that is, you know, the customers

0:15:19.680 --> 0:15:23.400
<v Speaker 1>using Orian software. So when solar Winds pushed out updates

0:15:23.400 --> 0:15:27.800
<v Speaker 1>to Orion and customers installed those updates, the malware essentially

0:15:27.800 --> 0:15:30.840
<v Speaker 1>went along for the ride. Now we've heard that security

0:15:30.880 --> 0:15:36.080
<v Speaker 1>analysts have identified three previously undisclosed vulnerabilities in solar Winds products.

0:15:36.680 --> 0:15:39.960
<v Speaker 1>Two of those are also in Orion and one is

0:15:40.000 --> 0:15:43.360
<v Speaker 1>in a separate piece of software. These vulnerabilities could allow

0:15:43.360 --> 0:15:47.600
<v Speaker 1>hackers to get access to secured credentials in networks or worse,

0:15:48.160 --> 0:15:51.720
<v Speaker 1>and Solar Winds has already addressed the vulnerabilities. They have

0:15:51.920 --> 0:15:55.000
<v Speaker 1>patched them out, and they've issued a patch. They've sent

0:15:55.040 --> 0:15:58.280
<v Speaker 1>it out, which means that analysts are suggesting that network

0:15:58.320 --> 0:16:03.280
<v Speaker 1>administrators install these patch is right away. Of course, this

0:16:03.480 --> 0:16:07.040
<v Speaker 1>gets to the really insidious nature of the supply chain hack,

0:16:07.480 --> 0:16:10.400
<v Speaker 1>as Shannon Morrise pointed out when she was on the

0:16:10.400 --> 0:16:15.040
<v Speaker 1>show earlier this week, because you're you're talking about an

0:16:15.080 --> 0:16:19.320
<v Speaker 1>attack that takes advantage of a trusted partner that ends

0:16:19.360 --> 0:16:23.520
<v Speaker 1>up undermining the trust. So now the analysts are saying, hey,

0:16:23.560 --> 0:16:26.280
<v Speaker 1>you know that thing you did that burns you, well,

0:16:26.480 --> 0:16:29.120
<v Speaker 1>you kind of want to do it again because this

0:16:29.200 --> 0:16:32.720
<v Speaker 1>will solve some problems. But you know a lot of

0:16:32.720 --> 0:16:36.080
<v Speaker 1>people have been burned already. It's a scary thing. In

0:16:36.120 --> 0:16:40.720
<v Speaker 1>the USA USA section of our news, Bloomberg reports that

0:16:40.800 --> 0:16:43.440
<v Speaker 1>the United States has dropped off the top ten list

0:16:43.560 --> 0:16:48.400
<v Speaker 1>of the Bloomberg Innovation Index, which quote analyzes dozens of

0:16:48.440 --> 0:16:53.720
<v Speaker 1>criteria using seven equally weighted metrics, including research and development, spending,

0:16:53.960 --> 0:16:59.440
<v Speaker 1>manufacturing capability, and concentration of high tech public companies end quote.

0:17:00.160 --> 0:17:02.880
<v Speaker 1>South Korea is at the top of the list, taking

0:17:02.920 --> 0:17:05.639
<v Speaker 1>the title away from Germany, which has fallen to fourth place.

0:17:06.160 --> 0:17:10.680
<v Speaker 1>In places two and three, you've got Singapore in Switzerland respectively. Now, granted,

0:17:11.640 --> 0:17:14.000
<v Speaker 1>this is one index. This is one way of looking

0:17:14.040 --> 0:17:17.560
<v Speaker 1>at innovation, and it's from one media outlet. So depending

0:17:17.640 --> 0:17:20.080
<v Speaker 1>upon your point of view, you either think, yeah, this

0:17:20.160 --> 0:17:23.000
<v Speaker 1>is right on the money, or you might think this

0:17:23.200 --> 0:17:32.080
<v Speaker 1>is a load of ludicrous, meaningless analysis. Somewhere in that

0:17:32.760 --> 0:17:35.080
<v Speaker 1>is the truth, and I can't tell you where it is.

0:17:35.440 --> 0:17:38.000
<v Speaker 1>I'm just reporting it. So before anyone writes to me,

0:17:38.080 --> 0:17:42.200
<v Speaker 1>just remember I'm the messenger here. But another news Bibo

0:17:42.280 --> 0:17:47.560
<v Speaker 1>is coming back in some form. Do you remember Bibo?

0:17:48.080 --> 0:17:50.840
<v Speaker 1>You might not. Uh. It was really popular in the

0:17:50.960 --> 0:17:53.480
<v Speaker 1>UK and in a few other places. It came out

0:17:53.480 --> 0:17:55.560
<v Speaker 1>of the United States, but it didn't get a whole

0:17:55.600 --> 0:17:59.040
<v Speaker 1>lot of traction here compared to some other places. Bibo

0:17:59.359 --> 0:18:02.080
<v Speaker 1>was a social network site founded by a husband and

0:18:02.080 --> 0:18:05.720
<v Speaker 1>wife team of Michael and show Chee Birch in two

0:18:05.720 --> 0:18:09.399
<v Speaker 1>thousand five in San Francisco, California, and it had the

0:18:09.440 --> 0:18:16.119
<v Speaker 1>motto blog early blog often you know Bibo. The profiles

0:18:16.119 --> 0:18:19.320
<v Speaker 1>were kind of modular in nature. You had a module

0:18:19.359 --> 0:18:21.280
<v Speaker 1>where you could add friends. You had one that would

0:18:21.320 --> 0:18:23.919
<v Speaker 1>let you receive and send messages with those friends. But

0:18:24.000 --> 0:18:25.879
<v Speaker 1>you can also switch things up. You could put in

0:18:25.960 --> 0:18:29.879
<v Speaker 1>modules to include photos or videos and other stuff. It

0:18:29.920 --> 0:18:34.840
<v Speaker 1>was like a more customizable Facebook or MySpace page. Bibo

0:18:35.040 --> 0:18:37.960
<v Speaker 1>also allowed users to link their social accounts from other

0:18:38.000 --> 0:18:41.560
<v Speaker 1>services to Bibo, so that Bibo would become a type

0:18:41.560 --> 0:18:46.160
<v Speaker 1>of aggregator. So if Bibo were around today in that form,

0:18:46.359 --> 0:18:49.679
<v Speaker 1>imagine that instead of having to find out what your

0:18:49.720 --> 0:18:52.919
<v Speaker 1>buddy Susan is doing on Instagram and then over on

0:18:52.960 --> 0:18:55.560
<v Speaker 1>Twitter and so on, you would just go to Susan's

0:18:55.600 --> 0:18:58.320
<v Speaker 1>Bibo page. Then you could see all of her activities

0:18:58.400 --> 0:19:01.560
<v Speaker 1>aggregated there, assuming that Susan had set up a profile

0:19:01.600 --> 0:19:04.119
<v Speaker 1>that way, of course. And it was a pretty nifty

0:19:04.160 --> 0:19:06.800
<v Speaker 1>little site, but a O L must have thought it

0:19:06.880 --> 0:19:10.280
<v Speaker 1>was super duper nifty, as a O L shelled out

0:19:10.359 --> 0:19:13.840
<v Speaker 1>eight hundred fifty million dollars to acquire it in two

0:19:13.840 --> 0:19:17.360
<v Speaker 1>thousand eight. This, by the way, has often been cited

0:19:17.400 --> 0:19:20.800
<v Speaker 1>as one of the worst acquisitions of all time, not

0:19:20.840 --> 0:19:24.680
<v Speaker 1>because Bibo wasn't good, but because A o L didn't

0:19:24.680 --> 0:19:26.560
<v Speaker 1>really have any idea of what to do with it

0:19:26.960 --> 0:19:29.520
<v Speaker 1>and they spent way too much money on it. The

0:19:29.520 --> 0:19:32.679
<v Speaker 1>CEO who was responsible for that decision wasn't around for

0:19:32.800 --> 0:19:35.359
<v Speaker 1>very long, and the Bibo acquisition is one of the

0:19:35.440 --> 0:19:39.600
<v Speaker 1>reasons for their hasty departure. But A O L would

0:19:39.680 --> 0:19:44.760
<v Speaker 1>unload Bibo in for ten million dollars, which really doesn't

0:19:44.800 --> 0:19:48.280
<v Speaker 1>make that hundred fifty million dollar acquisition look pretty dumb

0:19:48.440 --> 0:19:51.679
<v Speaker 1>in you know, retrospect. But a couple of years after that,

0:19:51.800 --> 0:19:54.920
<v Speaker 1>the company that bought Bibo from A O L itself

0:19:55.000 --> 0:19:58.119
<v Speaker 1>had to file for bankruptcy, and that husband and wife

0:19:58.119 --> 0:20:00.840
<v Speaker 1>team who started at all were able to acquire Bibo

0:20:01.040 --> 0:20:05.080
<v Speaker 1>for one million dollars, so they sold it for fifty million.

0:20:05.520 --> 0:20:08.959
<v Speaker 1>They bought it back for one million. Talk about a

0:20:09.119 --> 0:20:13.320
<v Speaker 1>short sell. That's amazing. Now, they tried to switch things

0:20:13.400 --> 0:20:15.320
<v Speaker 1>up again. They changed it into more of an e

0:20:15.480 --> 0:20:19.600
<v Speaker 1>sports streaming service. But then Amazon comes along, and Amazon

0:20:19.720 --> 0:20:23.040
<v Speaker 1>owns Twitch, and Amazon says, hey, we want that technology,

0:20:23.080 --> 0:20:26.440
<v Speaker 1>so they purchased the tech of Bibo for twenty five

0:20:26.480 --> 0:20:29.480
<v Speaker 1>million dollars. So now you've got this husband and wife

0:20:29.480 --> 0:20:32.160
<v Speaker 1>team who were able to sell at least the technology

0:20:32.200 --> 0:20:35.960
<v Speaker 1>of their company for a big profit twice well. While

0:20:36.000 --> 0:20:39.000
<v Speaker 1>the tech went to Amazon, the couple retained the rights

0:20:39.040 --> 0:20:42.639
<v Speaker 1>to the name Bibo, and now we know that Bibo

0:20:42.880 --> 0:20:45.520
<v Speaker 1>is on the way back. Michael Burch says it will

0:20:45.520 --> 0:20:49.280
<v Speaker 1>be a live social networking tool which will tell you

0:20:49.320 --> 0:20:51.679
<v Speaker 1>which of your friends are currently online and allow for

0:20:51.720 --> 0:20:54.879
<v Speaker 1>more real time interactions between people, as opposed to the

0:20:54.920 --> 0:20:59.719
<v Speaker 1>more asynchronous approach of things like Facebook. Michael Birch has

0:20:59.720 --> 0:21:02.359
<v Speaker 1>said he's the only one coding the project right now,

0:21:02.640 --> 0:21:07.040
<v Speaker 1>which is both cool and bonkers. He hopes to start

0:21:07.080 --> 0:21:10.080
<v Speaker 1>sending out invites to a select group of people to

0:21:10.200 --> 0:21:12.480
<v Speaker 1>test it out by the end of the month, with

0:21:12.640 --> 0:21:16.080
<v Speaker 1>a full launch that would follow later in if things

0:21:16.080 --> 0:21:19.119
<v Speaker 1>are going well. So can Bibo make it in a

0:21:19.200 --> 0:21:22.240
<v Speaker 1>world dominated by Facebook? Or is it just doomed to

0:21:22.240 --> 0:21:25.840
<v Speaker 1>be a curiosity? I really hope it can make it,

0:21:25.920 --> 0:21:28.600
<v Speaker 1>assuming Birch is able to do some really important stuff

0:21:28.640 --> 0:21:31.440
<v Speaker 1>like make sure he can protect user data and all

0:21:31.480 --> 0:21:34.520
<v Speaker 1>that kind of thing. But who knows, maybe he'll get

0:21:34.560 --> 0:21:37.760
<v Speaker 1>a chance to sell Bibo for a third time. Our

0:21:37.840 --> 0:21:42.240
<v Speaker 1>next story is about gravitational wave detectors. Now gravity is

0:21:42.280 --> 0:21:45.159
<v Speaker 1>one of the four fundamental forces of our universe, the

0:21:45.200 --> 0:21:48.040
<v Speaker 1>four that we know about anyway, the other three being

0:21:48.119 --> 0:21:51.000
<v Speaker 1>the strong nuclear force, the weak nuclear force, and the

0:21:51.040 --> 0:21:56.160
<v Speaker 1>electromagnetic force. The force of gravity is the attraction between

0:21:56.240 --> 0:22:00.080
<v Speaker 1>two objects that have mass or energy. The magnitude of

0:22:00.160 --> 0:22:04.640
<v Speaker 1>that attractive force depends upon the relative mass and proximity

0:22:04.640 --> 0:22:07.080
<v Speaker 1>of the two objects. The bigger they are and the

0:22:07.119 --> 0:22:10.240
<v Speaker 1>closer they are together, the stronger the attraction of gravity

0:22:10.359 --> 0:22:13.720
<v Speaker 1>is between them, and it is the weakest of the

0:22:13.880 --> 0:22:18.480
<v Speaker 1>fundamental forces. There are gravitational waves moving through the universe

0:22:18.560 --> 0:22:22.160
<v Speaker 1>all the time, but detecting them on Earth is hard

0:22:22.320 --> 0:22:25.800
<v Speaker 1>because they are very weak, and we're talking about waves

0:22:25.840 --> 0:22:30.280
<v Speaker 1>that measure about Adam's nucleus in amplitude, So measuring that

0:22:30.400 --> 0:22:32.960
<v Speaker 1>is hard, and it falls into a realm of quantum

0:22:33.000 --> 0:22:38.600
<v Speaker 1>physics that gets real whibbly wobbly. Heisenberg's uncertainty principle plays

0:22:38.600 --> 0:22:42.280
<v Speaker 1>a role. I think I'm not really sure that was

0:22:42.280 --> 0:22:45.200
<v Speaker 1>an uncertainty joke. It it actually does play a part.

0:22:45.440 --> 0:22:48.480
<v Speaker 1>So the uncertainty principle tells us that for certain sets

0:22:48.560 --> 0:22:52.600
<v Speaker 1>of measurements, we can't know everything. For example, the classic

0:22:52.640 --> 0:22:56.080
<v Speaker 1>one is a particle's momentum and its position. The more

0:22:56.119 --> 0:22:58.639
<v Speaker 1>we know about one of those, the less we can

0:22:58.680 --> 0:23:00.359
<v Speaker 1>know about the other. So the more we know about

0:23:00.359 --> 0:23:03.439
<v Speaker 1>its position, the less we know about its momentum, and

0:23:03.560 --> 0:23:08.240
<v Speaker 1>vice versa. Now, because of this fundamental quantum effect that

0:23:08.359 --> 0:23:12.080
<v Speaker 1>I frankly do not really understand, there is a sort

0:23:12.080 --> 0:23:15.600
<v Speaker 1>of background noise that gravitational waves can get lost in.

0:23:16.200 --> 0:23:18.840
<v Speaker 1>So it's only when a wave has enough oo finite

0:23:19.040 --> 0:23:22.520
<v Speaker 1>that we can differentiate the wave from sort of background

0:23:22.640 --> 0:23:26.879
<v Speaker 1>quantum static. But physicists now say they've developed a method

0:23:27.440 --> 0:23:31.080
<v Speaker 1>that is six times more sensitive to gravitational waves while

0:23:31.160 --> 0:23:35.320
<v Speaker 1>still obeying the uncertainty principle. The method sacrifices the measure

0:23:35.480 --> 0:23:38.360
<v Speaker 1>of brightness of lasers in order to get a more

0:23:38.400 --> 0:23:42.520
<v Speaker 1>precise measurement than the researchers say, Well, the brightness of

0:23:42.560 --> 0:23:45.080
<v Speaker 1>the lasers is kind of not important to us at all,

0:23:45.080 --> 0:23:48.160
<v Speaker 1>so it's okay for us to sacrifice that. Now, I'm

0:23:48.160 --> 0:23:50.640
<v Speaker 1>going to be straight with you, All of this goes

0:23:50.720 --> 0:23:53.960
<v Speaker 1>way over my head. I just love that scientists can

0:23:54.040 --> 0:23:57.359
<v Speaker 1>look at fundamental limitations of our universe, you know, stuff

0:23:57.400 --> 0:24:00.040
<v Speaker 1>you cannot escape, and they figure out to do of

0:24:00.080 --> 0:24:03.879
<v Speaker 1>an approach that works within those limitations, which is really cool,

0:24:04.359 --> 0:24:06.800
<v Speaker 1>and all of this will be put to use so

0:24:06.840 --> 0:24:10.440
<v Speaker 1>that extremely smart people can learn more about how our

0:24:10.560 --> 0:24:13.680
<v Speaker 1>universe works. And I can't wait to learn more myself,

0:24:14.320 --> 0:24:18.159
<v Speaker 1>probably learning that I am incapable of understanding anything, but

0:24:18.240 --> 0:24:21.280
<v Speaker 1>I can tell it's really neat And moving from the

0:24:21.320 --> 0:24:26.520
<v Speaker 1>cosmological to the extremely terrestrial, TikTok announced that it has

0:24:26.560 --> 0:24:29.320
<v Speaker 1>a new warning message to put in front of videos

0:24:29.359 --> 0:24:34.320
<v Speaker 1>that could contain misinformation. Now, obviously, misinformation has been a

0:24:34.359 --> 0:24:37.520
<v Speaker 1>big topic of discussion recently, from the U S Election

0:24:37.640 --> 0:24:40.760
<v Speaker 1>to the pandemic. We've seen people make use of online

0:24:40.760 --> 0:24:44.600
<v Speaker 1>platforms to spread lies and misleading information that can have

0:24:44.760 --> 0:24:50.320
<v Speaker 1>devastating consequences. And likewise, we've seen companies like Twitter, Facebook,

0:24:50.320 --> 0:24:53.320
<v Speaker 1>and Google react to this in different ways and at

0:24:53.359 --> 0:24:58.120
<v Speaker 1>different speeds. They haven't necessarily been quick to action. Now,

0:24:58.160 --> 0:25:03.320
<v Speaker 1>TikTok will include a warning message saying caution video flagged

0:25:03.359 --> 0:25:07.840
<v Speaker 1>for unverified content. These are for videos that contain information

0:25:07.880 --> 0:25:10.800
<v Speaker 1>that has not been verified by fact checkers who work

0:25:10.880 --> 0:25:15.280
<v Speaker 1>for TikTok. So if a fact checker watches a video

0:25:15.520 --> 0:25:18.879
<v Speaker 1>that contains information and that fact checker is not able

0:25:18.920 --> 0:25:21.880
<v Speaker 1>to verify the information, they can flag it and this

0:25:21.960 --> 0:25:25.560
<v Speaker 1>warning will appear before that video. Now, what we don't

0:25:25.600 --> 0:25:30.240
<v Speaker 1>know is how many people TikTok employees to be fact checkers,

0:25:30.359 --> 0:25:33.919
<v Speaker 1>or how many videos they look at in an average day,

0:25:34.040 --> 0:25:38.159
<v Speaker 1>or what percentage uh those videos represent if you compare

0:25:38.160 --> 0:25:41.439
<v Speaker 1>it against all videos uploaded to TikTok. I mean, my

0:25:41.480 --> 0:25:43.760
<v Speaker 1>guess is that they're going to be focusing on videos

0:25:43.800 --> 0:25:47.199
<v Speaker 1>that have tags that are part of sensitive topics. You know,

0:25:47.280 --> 0:25:49.640
<v Speaker 1>like if there's a tag that indicates it something about

0:25:49.680 --> 0:25:53.320
<v Speaker 1>an election or or COVID or something like that, that

0:25:53.520 --> 0:25:56.199
<v Speaker 1>that's going to be the video that gets tagged in

0:25:56.320 --> 0:25:58.800
<v Speaker 1>order for a fact checker to watch it. Because when

0:25:58.840 --> 0:26:01.919
<v Speaker 1>your app has more than eight hundred million users, you

0:26:02.000 --> 0:26:05.920
<v Speaker 1>just can't keep up with everything. Besides, most of the

0:26:05.960 --> 0:26:09.400
<v Speaker 1>stuff on TikTok doesn't really merit fact checking. You don't

0:26:09.480 --> 0:26:11.520
<v Speaker 1>really need to watch the video to see if someone's

0:26:11.560 --> 0:26:14.880
<v Speaker 1>doing that flossing dance properly or any of the other

0:26:15.359 --> 0:26:18.240
<v Speaker 1>you know, seven dances that are done on TikTok. I

0:26:18.240 --> 0:26:21.000
<v Speaker 1>I don't have TikTok. I'm throwing a lot of shade

0:26:21.000 --> 0:26:23.400
<v Speaker 1>for an old man. I'm just yelling at clouds here.

0:26:23.440 --> 0:26:28.680
<v Speaker 1>I apologize However, one thing I hope the fact checkers

0:26:29.080 --> 0:26:33.240
<v Speaker 1>can determine is exactly when the weller men will come

0:26:33.280 --> 0:26:35.680
<v Speaker 1>to bring us sugar and tea and rum, because I've

0:26:35.680 --> 0:26:40.600
<v Speaker 1>been waiting and that guy has not shown up. And

0:26:40.680 --> 0:26:43.919
<v Speaker 1>before we go to another break, I've got an update

0:26:44.000 --> 0:26:47.600
<v Speaker 1>on the ongoing battle between Epic Games and Apple. Now,

0:26:47.680 --> 0:26:51.200
<v Speaker 1>in case you didn't know, Epic Games makes, among other things,

0:26:51.400 --> 0:26:55.240
<v Speaker 1>the game Fortnite, which I kind of just referenced, and

0:26:55.560 --> 0:26:58.720
<v Speaker 1>Fortnite used to be available on iOS platforms like the

0:26:58.760 --> 0:27:01.480
<v Speaker 1>iPhone and iPad, and it's also available on tons of

0:27:01.520 --> 0:27:06.640
<v Speaker 1>other platforms. But Epic was not really happy with Apple's

0:27:06.680 --> 0:27:10.639
<v Speaker 1>policy of taking a thirty cut off of all in

0:27:10.760 --> 0:27:14.160
<v Speaker 1>app purchases made on apps that are on the the

0:27:14.200 --> 0:27:18.359
<v Speaker 1>Apple products the Apple platforms. When I say all in

0:27:18.480 --> 0:27:22.760
<v Speaker 1>app purchases, that's with an asterisk because it actually depends

0:27:23.000 --> 0:27:25.480
<v Speaker 1>upon the nature of the purchase. But if it's an

0:27:25.480 --> 0:27:28.280
<v Speaker 1>in app purchase for something that makes a change to

0:27:28.440 --> 0:27:31.400
<v Speaker 1>the app itself, like a cosmetic change or anything like that,

0:27:31.960 --> 0:27:36.240
<v Speaker 1>Apple gets cut. Well. Epic wasn't too keen on the

0:27:36.280 --> 0:27:40.880
<v Speaker 1>idea of Apple taking money from Epics sales. They didn't

0:27:40.920 --> 0:27:44.320
<v Speaker 1>know how they could you know, get the full amount

0:27:44.480 --> 0:27:48.280
<v Speaker 1>of those purchases. And they weren't really keen on the

0:27:48.320 --> 0:27:52.240
<v Speaker 1>idea either of hiking purchases hiking the price up for

0:27:52.320 --> 0:27:55.160
<v Speaker 1>iPhone users because they figured that would be a loss

0:27:55.160 --> 0:27:57.160
<v Speaker 1>in revenue. So they found kind of a cheeky work

0:27:57.200 --> 0:28:00.480
<v Speaker 1>around and they allowed users to buy in app purchases,

0:28:00.800 --> 0:28:03.800
<v Speaker 1>but they were able to do it outside the app itself,

0:28:04.080 --> 0:28:09.040
<v Speaker 1>thus sidestepping Apple, and Apple said dirty pool old man

0:28:09.240 --> 0:28:12.200
<v Speaker 1>and kicked Fortnite off the app store, and they moved

0:28:12.200 --> 0:28:15.320
<v Speaker 1>to do more than that, including preventing Epic from doing

0:28:15.440 --> 0:28:19.400
<v Speaker 1>any other work within iOS, which was bad news not

0:28:19.480 --> 0:28:23.400
<v Speaker 1>just for Epic but many other game developers because one

0:28:23.400 --> 0:28:27.080
<v Speaker 1>of the other things that Epic overseas is the Unreal Engine,

0:28:27.200 --> 0:28:29.840
<v Speaker 1>which is a game engine used by lots of different

0:28:29.880 --> 0:28:33.399
<v Speaker 1>game companies to build their games within Now, with the

0:28:33.400 --> 0:28:36.000
<v Speaker 1>ban in place, Epic wouldn't be able to update the

0:28:36.040 --> 0:28:38.920
<v Speaker 1>iOS version of Unreal, and there would be a big

0:28:39.000 --> 0:28:42.120
<v Speaker 1>ripple effect. Any game that relied on Unreal would be

0:28:42.160 --> 0:28:46.840
<v Speaker 1>affected anyway. What followed were various lawsuits and the latest

0:28:46.840 --> 0:28:50.320
<v Speaker 1>development is that a judge has ordered that Apple CEO

0:28:50.560 --> 0:28:54.920
<v Speaker 1>Tim Cook has to attend a seven hour deposition related

0:28:55.000 --> 0:28:59.720
<v Speaker 1>to epics case against Apple. Now, in Apple's favor is

0:28:59.760 --> 0:29:02.720
<v Speaker 1>the act that the company has an established policy that

0:29:02.760 --> 0:29:06.000
<v Speaker 1>developers agreed to if they want to make products for

0:29:06.040 --> 0:29:10.640
<v Speaker 1>Apple platforms. But Apple is also one of the US

0:29:10.720 --> 0:29:15.640
<v Speaker 1>companies frequently scrutinized for anti competitive practices, and Epic might

0:29:15.680 --> 0:29:17.880
<v Speaker 1>try to make the case that because Apple does not

0:29:17.960 --> 0:29:21.440
<v Speaker 1>allow users to download apps anywhere other than on the

0:29:21.520 --> 0:29:25.760
<v Speaker 1>official app store, they're running what is essentially a monopoly

0:29:26.160 --> 0:29:29.920
<v Speaker 1>because you can't go outside Apple to get an app

0:29:30.320 --> 0:29:34.240
<v Speaker 1>to run on your iOS device. So the deposition gives

0:29:34.320 --> 0:29:36.880
<v Speaker 1>EPICS legal team the chance to kind of fish around

0:29:36.880 --> 0:29:39.080
<v Speaker 1>a bit to see if they can find any pathway

0:29:39.160 --> 0:29:43.240
<v Speaker 1>that would be likely to illegal victory. This is still

0:29:43.280 --> 0:29:45.880
<v Speaker 1>a pretty early step in the whole litigation process, and

0:29:45.920 --> 0:29:49.200
<v Speaker 1>we've got a long way to go, So before we

0:29:49.600 --> 0:29:52.960
<v Speaker 1>try and go down that path, let's take another quick

0:29:53.080 --> 0:30:03.720
<v Speaker 1>break and we're back. You know, when I was looking

0:30:03.720 --> 0:30:06.719
<v Speaker 1>at news items to include in today's episode, one that

0:30:06.760 --> 0:30:09.400
<v Speaker 1>caught my eye was from Science Daily and it had

0:30:09.440 --> 0:30:14.840
<v Speaker 1>the headline quote load reducing backpack powers electronics by harvesting

0:30:14.960 --> 0:30:18.480
<v Speaker 1>energy from walking end quote, which is neat and it

0:30:18.520 --> 0:30:21.360
<v Speaker 1>really is neat. I'm not throwing shade on this. I

0:30:21.400 --> 0:30:25.040
<v Speaker 1>think it's really cool. I mean the design reduces the

0:30:25.080 --> 0:30:27.600
<v Speaker 1>amount of strain a person will feel while carrying a

0:30:27.720 --> 0:30:31.400
<v Speaker 1>packed backpack, and it has the ability to send some

0:30:31.440 --> 0:30:34.000
<v Speaker 1>power to various bits of electronic gear. It could be

0:30:34.080 --> 0:30:39.280
<v Speaker 1>really useful for everyone from hikers to soldiers. So how

0:30:39.320 --> 0:30:43.160
<v Speaker 1>does it manage this? Well, first, let's consider the load

0:30:43.360 --> 0:30:47.080
<v Speaker 1>bearing part. So imagine that the part of the backpack

0:30:47.200 --> 0:30:51.960
<v Speaker 1>that's actually against your back is more like a track,

0:30:52.320 --> 0:30:55.360
<v Speaker 1>kind of like a rail track, and the backpack itself

0:30:55.920 --> 0:30:58.240
<v Speaker 1>is able to move up and down a little bit

0:30:58.520 --> 0:31:01.840
<v Speaker 1>on this track. So the container part of the backpack

0:31:02.640 --> 0:31:05.440
<v Speaker 1>is sort of like a train on a rail system,

0:31:05.480 --> 0:31:09.000
<v Speaker 1>and it's held in place with elastic like connectors, so

0:31:09.200 --> 0:31:12.400
<v Speaker 1>they act like shock absorbers. So the backpack can move

0:31:12.720 --> 0:31:16.280
<v Speaker 1>up and down against this track, but it's very gentle

0:31:16.560 --> 0:31:18.480
<v Speaker 1>in the way it moves, and it's sort of like

0:31:18.520 --> 0:31:21.880
<v Speaker 1>a steadicam where if you've ever used a steadicam or

0:31:21.920 --> 0:31:25.200
<v Speaker 1>seen one used, you can move around and the camera

0:31:25.320 --> 0:31:28.520
<v Speaker 1>is able to maintain its relative position over a fixed point.

0:31:29.200 --> 0:31:32.440
<v Speaker 1>The system reduces the amount of strain the where would feel,

0:31:32.760 --> 0:31:35.800
<v Speaker 1>and according to the researchers, it makes loads feel about

0:31:35.840 --> 0:31:40.479
<v Speaker 1>twenty lighter than what they really are. Now. As for

0:31:40.760 --> 0:31:46.040
<v Speaker 1>the energy harvesting part, that comes courtesy of triboelectric nanogenerators

0:31:46.320 --> 0:31:50.640
<v Speaker 1>or t e n G devices. Now, essentially these change

0:31:50.720 --> 0:31:55.160
<v Speaker 1>kinetic energy into electrical energy, which isn't that unusual. I mean,

0:31:55.760 --> 0:31:59.960
<v Speaker 1>think of something like a dynamo which mechanically rotates magnets

0:32:00.040 --> 0:32:03.640
<v Speaker 1>to induce current to flow through a conductor. The researchers

0:32:03.680 --> 0:32:07.920
<v Speaker 1>include Jeong Lin, Wong Ching and others, and they've been

0:32:07.920 --> 0:32:11.240
<v Speaker 1>working on this for a while. They've got a working prototype,

0:32:11.800 --> 0:32:13.880
<v Speaker 1>but there's no telling if we will ever see a

0:32:13.920 --> 0:32:18.720
<v Speaker 1>consumer product using this technology. However, it's still really interesting stuff.

0:32:19.200 --> 0:32:22.160
<v Speaker 1>One news item I missed out in Tuesday's episode is

0:32:22.200 --> 0:32:24.640
<v Speaker 1>that Iron Man is trying to save the world again.

0:32:25.120 --> 0:32:27.280
<v Speaker 1>That's a really dumb way for me to say that.

0:32:27.400 --> 0:32:30.280
<v Speaker 1>Robert Downey Jr. Who you know isn't Iron Man but

0:32:30.360 --> 0:32:34.480
<v Speaker 1>who is one cool dude, launched a venture fund with

0:32:34.520 --> 0:32:39.120
<v Speaker 1>the intent to provide investments into sustainability startup companies. Now,

0:32:39.160 --> 0:32:43.080
<v Speaker 1>this is an extension of the Footprint Coalition that Robert

0:32:43.120 --> 0:32:46.160
<v Speaker 1>Downey Jr. Launched a couple of years ago, and it's

0:32:46.160 --> 0:32:50.160
<v Speaker 1>classified as a rolling fund, which was a new term

0:32:50.200 --> 0:32:53.400
<v Speaker 1>to me, but it's actually pretty simple to understand. These

0:32:53.440 --> 0:32:57.080
<v Speaker 1>funds raise money on a quarterly basis and they invest

0:32:57.160 --> 0:32:59.280
<v Speaker 1>it as they go, which is why they are called

0:32:59.520 --> 0:33:02.600
<v Speaker 1>rolling funds. This one will allow for up to two

0:33:02.640 --> 0:33:05.960
<v Speaker 1>thousand investors at a commitment of five thousand dollars per quarter.

0:33:06.520 --> 0:33:09.800
<v Speaker 1>Now a twenty grand commitment for a year is still

0:33:09.840 --> 0:33:13.080
<v Speaker 1>a huge deal, but it's a much lower threshold than

0:33:13.160 --> 0:33:16.400
<v Speaker 1>most investment organizations which are working in the hundreds of

0:33:16.400 --> 0:33:20.320
<v Speaker 1>thousands or millions of dollars. Our DJ has said that

0:33:20.680 --> 0:33:23.920
<v Speaker 1>it opens up the fund to quote real people end

0:33:24.000 --> 0:33:27.120
<v Speaker 1>quote and that and this is my favorite quote. It's

0:33:27.120 --> 0:33:30.160
<v Speaker 1>a little bit more slam Dance than sun Dance. I

0:33:30.280 --> 0:33:32.760
<v Speaker 1>kind of dig it. The plan is for the fund

0:33:32.800 --> 0:33:35.840
<v Speaker 1>to invest in ten companies, with six of those companies

0:33:35.880 --> 0:33:39.120
<v Speaker 1>being in early stages of startup and the other four

0:33:39.200 --> 0:33:42.840
<v Speaker 1>in later stages of startup, and woven with the investments

0:33:42.840 --> 0:33:46.640
<v Speaker 1>will be a sort of narrative building element, a media

0:33:46.760 --> 0:33:49.840
<v Speaker 1>savvy element there really aims to bring more attention to

0:33:50.000 --> 0:33:53.240
<v Speaker 1>sustainability and ways that people can participate to make it

0:33:53.320 --> 0:33:57.120
<v Speaker 1>a collaborative effort. Which sounds pretty neat. I like this

0:33:57.200 --> 0:34:00.600
<v Speaker 1>idea of bringing the power to the people. I think

0:34:00.680 --> 0:34:05.840
<v Speaker 1>that's cool. Next up, Gearbox Software, known for games like

0:34:05.880 --> 0:34:09.960
<v Speaker 1>the Borderlands franchise, has a new owner. The Embracer Group,

0:34:10.000 --> 0:34:13.440
<v Speaker 1>which owns several other game companies like th HQ. Nordic

0:34:13.960 --> 0:34:18.240
<v Speaker 1>has acquired Gearbox for the princely sum of one point

0:34:18.280 --> 0:34:22.120
<v Speaker 1>three billion dollars. Actually it's more like one point three

0:34:22.239 --> 0:34:26.000
<v Speaker 1>seven eight billions, almost one point four now. According to

0:34:26.040 --> 0:34:31.120
<v Speaker 1>Gearbox Software founder and CEO Randy Pitchford, who I think

0:34:31.160 --> 0:34:35.120
<v Speaker 1>it's safe to say is a controversial figure, operations won't

0:34:35.200 --> 0:34:38.839
<v Speaker 1>really change at the company of Gearbox. There are still

0:34:38.880 --> 0:34:42.799
<v Speaker 1>plans on further Borderlands games being developed in partnership would

0:34:42.840 --> 0:34:45.680
<v Speaker 1>take two take two as a company that publishes the

0:34:45.760 --> 0:34:50.359
<v Speaker 1>Borderlands games that Gearbox develops. So now Borderlands and other

0:34:50.440 --> 0:34:54.200
<v Speaker 1>games like Duke Nukem and Homeland will join stuff that

0:34:54.280 --> 0:34:58.000
<v Speaker 1>Embracer already owns, like the Saints Row franchise, or Dead

0:34:58.040 --> 0:35:02.080
<v Speaker 1>Island or Time Splitters even and Pitchford says that this

0:35:02.160 --> 0:35:04.719
<v Speaker 1>really means that Gearbox will be able to expand and

0:35:04.840 --> 0:35:07.680
<v Speaker 1>hire more talent and develop new games on top of

0:35:07.719 --> 0:35:13.600
<v Speaker 1>continuing popular franchises. The Global Wealth company Morgan Stanley published

0:35:13.640 --> 0:35:16.040
<v Speaker 1>a report that says the United States is likely to

0:35:16.080 --> 0:35:21.360
<v Speaker 1>move away from coal fired power plants by twenty thirty three,

0:35:21.600 --> 0:35:25.760
<v Speaker 1>with most power generation coming from renewable energy sources instead

0:35:25.840 --> 0:35:29.160
<v Speaker 1>of coal. Among those sources, wind would make up the

0:35:29.239 --> 0:35:32.080
<v Speaker 1>largest percentage. Morgan Stanley predicts it will get up to

0:35:32.120 --> 0:35:36.000
<v Speaker 1>as much as of all power sources for the US

0:35:36.000 --> 0:35:39.840
<v Speaker 1>by But for all that to work, we're going to

0:35:39.960 --> 0:35:43.080
<v Speaker 1>need to see a lot of faster growth in wind

0:35:43.160 --> 0:35:47.120
<v Speaker 1>and solar power infrastructures. And we can't forget the challenge

0:35:47.160 --> 0:35:50.560
<v Speaker 1>of job creation. We need to offset the job losses

0:35:50.760 --> 0:35:54.920
<v Speaker 1>from mining operations, for example, so those jobs will exist,

0:35:55.160 --> 0:35:58.600
<v Speaker 1>but we'll also need to invest in training and opportunities

0:35:58.640 --> 0:36:00.840
<v Speaker 1>to make sure people aren't left him That's one of

0:36:00.840 --> 0:36:06.799
<v Speaker 1>the biggest concerns about moving away from fossil fuels. I mean, yes,

0:36:06.840 --> 0:36:10.560
<v Speaker 1>you've got the fossil fuel companies that lobby like crazy

0:36:10.600 --> 0:36:12.680
<v Speaker 1>and pour a lot of money into politics in order

0:36:12.719 --> 0:36:16.399
<v Speaker 1>to try and shape policy. But you also have very

0:36:16.440 --> 0:36:21.000
<v Speaker 1>real people who have jobs in those industries, and unless

0:36:21.040 --> 0:36:25.440
<v Speaker 1>we give them a way to segue into a new career,

0:36:26.560 --> 0:36:29.919
<v Speaker 1>they get left behind and that is. That's a tough

0:36:30.000 --> 0:36:34.319
<v Speaker 1>thing to really wrap your head around. And finally, in

0:36:34.400 --> 0:36:38.520
<v Speaker 1>the rumors that just will not die department, we've got

0:36:38.560 --> 0:36:42.680
<v Speaker 1>Apple cars, and I think the two things people predict

0:36:42.719 --> 0:36:46.200
<v Speaker 1>Apple will eventually get around to making will be a

0:36:46.280 --> 0:36:49.640
<v Speaker 1>car and a television. And as it stands, Apple has

0:36:49.680 --> 0:36:53.799
<v Speaker 1>partnered with other companies to incorporate some Apple technology into

0:36:53.880 --> 0:36:58.400
<v Speaker 1>stuff like car infotainment systems, but we haven't actually seen

0:36:59.000 --> 0:37:03.120
<v Speaker 1>a real, honest to goodness Apple mobile yet. Well. A

0:37:03.160 --> 0:37:06.400
<v Speaker 1>recent report states that Apple is investing around three point

0:37:06.440 --> 0:37:11.120
<v Speaker 1>six billion dollars in Kia Motors as quote part of

0:37:11.160 --> 0:37:16.000
<v Speaker 1>a planned manufacturing partnership between the two companies end quote. Now,

0:37:16.040 --> 0:37:19.120
<v Speaker 1>that could mean that Apple might rely on Kia's manufacturing

0:37:19.120 --> 0:37:22.000
<v Speaker 1>facility here in Georgia to build what I can only

0:37:22.040 --> 0:37:25.839
<v Speaker 1>assume will eventually be called the I Car. Even if

0:37:25.880 --> 0:37:28.719
<v Speaker 1>all of this is on track and we are going

0:37:28.760 --> 0:37:31.759
<v Speaker 1>to get an Apple branded car, we're gonna have to

0:37:31.800 --> 0:37:33.759
<v Speaker 1>wait a few years to see a car roll off

0:37:33.840 --> 0:37:38.040
<v Speaker 1>the production line. So don't you know, hold your breath

0:37:38.080 --> 0:37:42.239
<v Speaker 1>for it. We're talking probably at the earliest my guests

0:37:42.280 --> 0:37:47.839
<v Speaker 1>would be probably closer to but it would be kind

0:37:47.880 --> 0:37:50.560
<v Speaker 1>of interesting for Tim Cook to be on a stage

0:37:50.560 --> 0:37:52.680
<v Speaker 1>at a keynote and say one more thing and then

0:37:53.440 --> 0:37:55.080
<v Speaker 1>you see the Apple car and then he gets it

0:37:55.120 --> 0:37:57.839
<v Speaker 1>and drives off. That would be a pretty cool mic

0:37:57.920 --> 0:38:02.080
<v Speaker 1>drop moment. And that set for this episode of tech

0:38:02.120 --> 0:38:05.719
<v Speaker 1>Stuff and the news of the week. Make sure you

0:38:05.840 --> 0:38:08.400
<v Speaker 1>check out our other episodes of tech Stuff because I

0:38:08.480 --> 0:38:12.400
<v Speaker 1>do episodes on Mondays and Wednesdays where I cover specific

0:38:12.440 --> 0:38:15.080
<v Speaker 1>topics in depth, and then on Friday's we get to

0:38:15.200 --> 0:38:18.640
<v Speaker 1>listen to a classic episode from the archives. I've got

0:38:18.640 --> 0:38:21.920
<v Speaker 1>more than episodes. Chances are you have not heard all

0:38:21.960 --> 0:38:24.759
<v Speaker 1>of them, and most of them are worth listening to.

0:38:25.400 --> 0:38:27.759
<v Speaker 1>I admit in a couple of them my puns get

0:38:27.760 --> 0:38:30.840
<v Speaker 1>out of hand. If you have any suggestions for future

0:38:30.880 --> 0:38:33.879
<v Speaker 1>topics I should cover in episodes of tech Stuff, let

0:38:33.880 --> 0:38:36.080
<v Speaker 1>me know. The best way to reach me is over

0:38:36.160 --> 0:38:38.800
<v Speaker 1>on Twitter. The handle for the show is text Stuff

0:38:39.120 --> 0:38:43.319
<v Speaker 1>H S W and I'll talk to you again really soon.

0:38:48.360 --> 0:38:51.359
<v Speaker 1>Text Stuff is an I Heart Radio production. For more

0:38:51.440 --> 0:38:54.840
<v Speaker 1>podcasts from my Heart Radio, visit the I Heart Radio app,

0:38:54.960 --> 0:38:58.120
<v Speaker 1>Apple Podcasts, or wherever you listen to your favorite shows.

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