“LA Made” is a series exploring stories of bold Californian innovators and how they forever changed the lives of millions all over the world. Each season will unpack the untold and surprising stories behind some of the most exciting innovations that continue to influence our lives today. Season 2, “LA Made: The Barbie Tapes,” tells the backstory of the world’s most popular doll, Barbie. Barbie is a cultural icon but what do you really know about her? Hear Barbie's origin story from the peopl ...
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内容由Zero Sum Empire and A Census of the Billionaire Class提供。所有播客内容(包括剧集、图形和播客描述)均由 Zero Sum Empire and A Census of the Billionaire Class 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal。
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Walled Gardens: John Menard, Jr. and Jeff Green
Manage episode 248181556 series 2543152
内容由Zero Sum Empire and A Census of the Billionaire Class提供。所有播客内容(包括剧集、图形和播客描述)均由 Zero Sum Empire and A Census of the Billionaire Class 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal。
It was a lot of work to get to 20 episodes. Thanks to everyone who’s listening. We are excited to start the next season of shows in the new year and have a lot of great ideas for improvements. Reflecting back on this episode, I realize that we talked a lot about a particular kind of barrier. Joe introduced us to the technical choice that the hardware store chain Menard’s made to include one-way turnstiles at all of their entryways. The effect of the turnstiles is to trap people in the store: you have to traverse the entire length of the store if you want to exit. Google and Facebook (referred to in the ad industry as “walled gardens”) collect data about you, and then use that data to advertise to you on their own platforms. They maintain a practical duopoly on online advertising because they don’t share data with other advertising companies. They “wall off” your data because it’s the one thing of value that they produce. To capitalize on the data they’ve collected, they need to “keep you in the store” as long as possible, which means they need to keep you using services they own. Because there is minimal censorship of the internet in the US, it’s harder for Google and Facebook to erect digital turnstiles to contain users than it is for, say, the Chinese government. China has developed the “Great Firewall of China” to block and censor information that the government believes runs contrary to its interests. What China has discovered, however, is that it’s far easier to proactively erect a Menard’s-style “digital turnstile” than it is to play whack-a-mole by reactively censoring content. So, that’s what they’re doing. Baidu, the “Google of China,” now overwhelmingly serves up search results linking to sites that Baidu owns. Once you go through the Baidu turnstile by using their search engine, you have to scroll very far down the list of search results to find the exit. All of the top results just redirect to Baidu content. It should go without saying that Baidu is compliant with (and at least partially run by) the Chinese government censors. In the News: We return to billionaires of episodes past to talk about where they’ve been showing up in the news. John Menard, Jr.: 8/10 on the D.K.M.A.L.I. (15:00) Owner and Founder of Menard’s, a chain of home improvement stores. Jeff Green: 5/10 on the D.K.M.A.L.I. (37:00) Owner and Founder of The Trade Desk, an internet advertising company. Links: John Menard Jr. https://www.milwaukeemag.com/bigmoney-john-menard/ https://urbanmilwaukee.com/2013/06/20/murphys-law-the-strange-life-of-john-menard/ Jeff Green and The Trade Desk: https://youtu.be/SaVJkQVhntA (Part of an infuriating series of videos called “In Human Terms” that Green posted to Youtube. All of them are infuriating.) https://www.cnbc.com/2019/05/31/the-trade-desk-is-growing-in-china-and-wall-street-loves-it.html https://qz.com/1530831/an-obituary-for-baidu-argues-chinas-vast-internet-has-no-search-engine/
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33集单集
Manage episode 248181556 series 2543152
内容由Zero Sum Empire and A Census of the Billionaire Class提供。所有播客内容(包括剧集、图形和播客描述)均由 Zero Sum Empire and A Census of the Billionaire Class 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal。
It was a lot of work to get to 20 episodes. Thanks to everyone who’s listening. We are excited to start the next season of shows in the new year and have a lot of great ideas for improvements. Reflecting back on this episode, I realize that we talked a lot about a particular kind of barrier. Joe introduced us to the technical choice that the hardware store chain Menard’s made to include one-way turnstiles at all of their entryways. The effect of the turnstiles is to trap people in the store: you have to traverse the entire length of the store if you want to exit. Google and Facebook (referred to in the ad industry as “walled gardens”) collect data about you, and then use that data to advertise to you on their own platforms. They maintain a practical duopoly on online advertising because they don’t share data with other advertising companies. They “wall off” your data because it’s the one thing of value that they produce. To capitalize on the data they’ve collected, they need to “keep you in the store” as long as possible, which means they need to keep you using services they own. Because there is minimal censorship of the internet in the US, it’s harder for Google and Facebook to erect digital turnstiles to contain users than it is for, say, the Chinese government. China has developed the “Great Firewall of China” to block and censor information that the government believes runs contrary to its interests. What China has discovered, however, is that it’s far easier to proactively erect a Menard’s-style “digital turnstile” than it is to play whack-a-mole by reactively censoring content. So, that’s what they’re doing. Baidu, the “Google of China,” now overwhelmingly serves up search results linking to sites that Baidu owns. Once you go through the Baidu turnstile by using their search engine, you have to scroll very far down the list of search results to find the exit. All of the top results just redirect to Baidu content. It should go without saying that Baidu is compliant with (and at least partially run by) the Chinese government censors. In the News: We return to billionaires of episodes past to talk about where they’ve been showing up in the news. John Menard, Jr.: 8/10 on the D.K.M.A.L.I. (15:00) Owner and Founder of Menard’s, a chain of home improvement stores. Jeff Green: 5/10 on the D.K.M.A.L.I. (37:00) Owner and Founder of The Trade Desk, an internet advertising company. Links: John Menard Jr. https://www.milwaukeemag.com/bigmoney-john-menard/ https://urbanmilwaukee.com/2013/06/20/murphys-law-the-strange-life-of-john-menard/ Jeff Green and The Trade Desk: https://youtu.be/SaVJkQVhntA (Part of an infuriating series of videos called “In Human Terms” that Green posted to Youtube. All of them are infuriating.) https://www.cnbc.com/2019/05/31/the-trade-desk-is-growing-in-china-and-wall-street-loves-it.html https://qz.com/1530831/an-obituary-for-baidu-argues-chinas-vast-internet-has-no-search-engine/
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33集单集
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