Why Freada Kapor Klein thinks there's a moral crisis in Silicon Valley

["Dave Farber" <farber () gmail com>]

Begin forwarded message:

> From: the keyboard of geoff goodfellow <geoff () iconia com>
> Date: October 8, 2017 at 6:52:30 PM EDT
> To: "E-mail Pamphleteer Dave Farber's Interesting People list" <ip () listbox com>
> Subject: Why Freada Kapor Klein thinks there's a moral crisis in Silicon Valley
>
> Why Freada Kapor Klein thinks there's a moral crisis in Silicon Valley
> Andrew Keen
> TechCrunch
> October 8, 2017
>
> Every week, it seems, brings new ethical questions about Silicon Valley.
>
> A seemingly endless rash of sexual scandals in the venture community. Twitter supposedly used by anonymous Russian 
> trolls to rig the American election. A straight-faced Mark Zuckerberg denying Facebook has a problem with fake news. 
> Uber banned in London and vilified everywhere else. Google guilty of anti-trust violations. Apple and Amazon fined 
> billions of dollars for not paying their taxes.
>
> So is there a moral crisis in Silicon Valley?
>
> Yes, there is. At least according to Freada Kapor Klein, a founding partner at the Oakland based venture firm Kapor 
> Capital, a forty year veteran of the tech industry and a long time critic of Silicon Valley excess.
>
> The problem, Kapor Klein says, is that whereas in the past tech was “forward thinking”, it is now “dominated by 
> greed”. The absence of what Kapor Klein calls a “moral compass” has been caused, she says, by the Silicon Valley 
> “bubble” of white men whose ethos of moving fast and breaking things fails to take responsibility for their actions. 
> And that’s why, she admits, she is “scared” by the idea of Mark Zuckerberg running for President.
>
> One solution to this crisis, Kapor Klein says, is offering what she calls an “alternative moral axis” to the dominant 
> Silicon Valley model. And she cites Kapor Capital -- with partners that include the current Maryland Gubernatorial 
> candidate Ben Jealous and the former Kleiner Perkins investor Ellen Pao -- as a roadmap for a more ethical future. 
> Kapor Capital, she explains, has funded over a hundred for-profit companies that are trying to bridge the gap between 
> the haves and the have-nots.  “Here in Oakland,” she thus boasts of her East Bay firm, “we want tech to be done 
> right.”
>
> Many thanks to the folks at the Greater Providence Chamber of Commerce for their help in the production of this 
> interview:
>
> https://finance.yahoo.com/news/why-freada-kapor-klein-thinks-163003319.html
>
> -- 
> Geoff.Goodfellow () iconia com
> living as The Truth is True
> http://geoff.livejournal.com  
>
> This message was sent to the list address and trashed, but can be found online.



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