Facebook co-founder says its rise reveals the fault lines destroying the “American Dream”

 In April 2004, a couple of Harvard undergraduate roommates took a walk in the pouring rain around the university campus. They were two of the three co-founders of an internet company that had launched a couple of months earlier — a social network start-up that we now know as Facebook. One of the young men, a history student called Chris Hughes, was making his case to the other, a… Read More

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More long term greed… Tim O’Reilly’s recipe for a successful 2018

 Silicon Valley’s problem, says Tim O’Reilly, is actually a structural problem with our entire economy. What’s gone wrong, O’Reilly argues, is that what he calls “short-term greed” has replaced the traditional “long-term greed” of the market. Read More

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