Roger McNamee - Zucked

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This is the dramatic story of how a noted tech venture capitalist, an early mentor to Mark Zuckerberg and investor in his company, woke up to the serious damage Facebook was doing to our society and set out to try to stop it.If you had told Roger McNamee three years ago that he would soon be devoting himself to stopping Facebook from destroying democracy, he would have howled with laughter. He had mentored many tech leaders in his illustrious career as an investor, but few things had made him prouder, or been better for his fund's bottom line, than his early service to Mark Zuckerberg. Still a large shareholder in Facebook, he had every good reason to stay on the bright side. Until he simply couldn't. Zucked is McNamee's intimate reckoning with the catastrophic failure of the head of one of the world's most powerful companies to face up to the damage he is doing. It's a story that begins with a series of rude awakenings. First there is the author's dawning realization that the platform is being manipulated by some very bad actors. Then there is the even more unsettling realization that Zuckerberg and Sheryl Sandberg are unable or unwilling to share his concerns, polite as they may be to his face. And then comes Brexit and the election of Donald Trump, and the emergence of one horrific piece of news after another about the malign ends to which the Facebook platform has been put. To McNamee's shock, Facebook's leaders still duck and dissemble, viewing the matter as a public relations problem. Now thoroughly alienated, McNamee digs into the issue, and fortuitously meets up with some fellow travellers who share his concerns, and help him sharpen its focus. Soon he and a dream team of Silicon Valley technologists are charging into the fray, to raise consciousness about the existential threat of Facebook, and the persuasion architecture of the attention economy more broadly – to our public health and to our political order. Zucked is both an enthralling personal narrative and a masterful explication of the forces that have conspired to place us all on the horns of this dilemma. This is the story of a company and its leadership, but it's also a larger tale of a business sector unmoored from normal constraints, at a moment of political and cultural crisis, the worst possible time to be given new tools for summoning the darker angels of our nature and whipping them into a frenzy. This is a wise, hard-hitting, and urgently necessary account that crystallizes the issue definitively for the rest of us.

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COPYRIGHT Copyright Praise Dedication Epigraph Prologue 1 The Strangest Meeting - фото 1

COPYRIGHT Copyright Praise Dedication Epigraph Prologue 1 The Strangest Meeting Ever 2 Silicon Valley Before Facebook 3 Move Fast and Break Things 4 The Children of Fogg 5 Mr. Harris and Mr. McNamee Go to Washington 6 Congress Gets Serious 7 The Facebook Way 8 Facebook Digs in Its Heels 9 The Pollster 10 Cambridge Analytica Changes Everything 11 Days of Reckoning 12 Success? 13 The Age of Surveillance Capitalism 14 What Is to Be Done 15 What Government Can Do 16 What Each of Us Can Do Epilogue Appendix 1: Memo to Zuck and Sheryl: Draft Op-Ed for Recode Appendix 2: George Soros’s Davos Remarks: “The Current Moment in History” Bibliographic Essay Index Acknowledgments About the Author About the Publisher

HarperCollins Publishers

1 London Bridge Street

London SE1 9GF

www.harpercollins.co.uk

First published in the US by Penguin Press, an imprint of Penguin Random House LLC 2019

This UK edition published by HarperCollins Publishers 2020

REVISED EDITION

© Roger McNamee 2019

Cover layout design © HarperCollins Publishers 2019

Cover photograph © Mack15/Getty Images (thumb icon), Shutterstock.com (globe)

A catalogue record of this book is available from the British Library

Roger McNamee asserts the moral right to be identified as the author of this work

“The Current Moment in History,” remarks by George Soros delivered at the World Economic Forum meeting, Davos, Switzerland, January 25, 2018. Reprinted by permission of George Soros.

While the author has made every effort to provide accurate telephone numbers, internet addresses, and other contact information at the time of publication, neither the publisher nor the author assumes any responsibility for errors or for changes that occur after publication. Further, the publisher does not have any control over and does not assume any responsibility for author or third-party websites or their content.

All rights reserved under International and Pan-American Copyright Conventions. By payment of the required fees, you have been granted the nonexclusive, non-transferable right to access and read the text of this e-book on screen. No part of this text may be reproduced, transmitted, downloaded, decompiled, reverse engineered, or stored in or introduced into any information storage retrieval system, in any form or by any means, whether electronic or mechanical, now known or hereinafter invented, without the express written permission of HarperCollins e-books.

Find out about HarperCollins and the environment at www.harpercollins.co.uk/green

Source ISBN: 9780008319014

Ebook Edition © February 2020 ISBN: 9780008319021

Version 2020-02-03

PRAISE FOR ZUCKED Praise Dedication Epigraph Prologue 1 The Strangest Meeting Ever 2 Silicon Valley Before Facebook 3 Move Fast and Break Things 4 The Children of Fogg 5 Mr. Harris and Mr. McNamee Go to Washington 6 Congress Gets Serious 7 The Facebook Way 8 Facebook Digs in Its Heels 9 The Pollster 10 Cambridge Analytica Changes Everything 11 Days of Reckoning 12 Success? 13 The Age of Surveillance Capitalism 14 What Is to Be Done 15 What Government Can Do 16 What Each of Us Can Do Epilogue Appendix 1: Memo to Zuck and Sheryl: Draft Op-Ed for Recode Appendix 2: George Soros’s Davos Remarks: “The Current Moment in History” Bibliographic Essay Index Acknowledgments About the Author About the Publisher

One of the Financial Times’ Best Business Books of 2019

“Very readable and hugely damaging . . . This is a dangerous book for Facebook because it will be widely read—apart from Jaron Lanier’s work, it is the best anti-Big Tech book I’ve come across. Its real strength is that McNamee knows how these attention- and information-stealing systems work.”

The Sunday Times

“A candid and highly entertaining explanation of how and why a man who spent decades picking tech winners and cheering his industry on has been carried to the shore of social activism.”

The New York Times Book Review

“A timely reckoning with Facebook’s growth and data-obsessed culture . . . [Zucked] is the first narrative tale of Facebook’s unravelling over the past two years. . . . McNamee excels at grounding Facebook in the historical context of the technology industry.”

Financial Times

“[An] excellent new book . . . [McNamee] is one of the social network’s biggest critics. He’s a canny and persuasive one too. In Zucked , McNamee lays out an argument why it and other tech giants have grown into a monstrous threat to democracy. Better still he offers tangible solutions. . . . What makes McNamee so credible is his status as a Silicon Valley insider. He also has a knack for distilling often complex or meandering TED Talks and Medium posts about the ills of social media into something comprehensible, not least for those inside the D.C. Beltway. . . . McNamee doesn’t just scream fire, though. He also provides a reasonable framework for solving some of the issues. . . . For anyone looking for a primer on what’s wrong with social media and what to do about it, the book is well worth the read.”

—Reuters

“Think of Zucked as the story after Social Network ’s credits roll. McNamee, an early Facebook investor and Zuckerberg mentor, weaves together a story of failed leadership, bad actors, and algorithms against the backdrop of the 2016 presidential election.”

Hollywood Reporter

“McNamee’s work is both a first-rate history of social media and a cautionary manifesto protesting their often overlooked and still growing dangers to human society.”

Booklist

“Regardless of where you stand on the issue, you’ll want to see why one of Facebook’s biggest champions became one of its fiercest critics.”

Business Insider

“A comprehensible primer on the political pitfalls of big tech.”

Publishers Weekly

“Part memoir, part indictment, Zucked chronicles Facebook’s history to demonstrate that its practices of ‘invasive surveillance, careless sharing of private data, and behavior modification in pursuit of unprecedented scale and influence,’ far from being a series of accidental oversights, were in fact foundational to the company’s astronomical success. This historical approach allows McNamee to draw valuable connections between present-day troubles and the company’s philosophical source code.”

Bookforum

“Roger McNamee’s Zucked fully captures the disastrous consequences that occur when people running companies wielding enormous power don’t listen deeply to their stakeholders, fail to exercise their ethical responsibilities, and don’t make trust their number one value.”

—Marc Benioff, chariman and co-CEO of Salesforce

“McNamee puts his finger on serious problems in online environments, especially social networking platforms. I consider this book to be a must-read for anyone wanting to understand the societal impact of cyberspace.”

—Vint Cerf, internet pioneer

“Roger McNamee is an investor with the nose of an investigator. This unafraid and unapologetic critique is enhanced by McNamee’s personal association with Facebook’s leaders and his long career in the industry. Whether you believe technology is the problem or the solution, one has no choice but to listen. It’s only democracy at stake.”

—Emily Chang, author of Brotopia

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