All-In E59: Twitter's content warning algo, equity audits, politicians trading stocks, Fed's next move
Episode 59 • 12/17/2021
Key Topics Discussed:
Twitter's Content Warning Algorithm
- David Sacks had his tweets flagged with content warnings that seemed arbitrary and unnecessary
- Discussed whether these warnings are algorithmic or editorial decisions
- Debate over whether these warnings are meant to protect users or subtly label certain accounts as problematic
- Called for more transparency from Twitter about how these algorithms work
Proposed Racial Equity Audits
- Democrats proposing mandatory racial equity audits for tech companies
- Would give auditors veto power over product decisions
- Companies could face $20,000/day fines for non-compliance
- Hosts criticized this as potential overreach and compared it to previous DOJ oversight of Microsoft
- Discussed difference between diversity stats reporting vs product equity audits
Congressional Stock Trading
- Debated the ethics of Congress members trading stocks while having inside information
- Nancy Pelosi defended Congressional stock trading while others called for banning it
- Multiple examples shared of both Democrats and Republicans making suspicious trades
- Discussion of how this could become a major campaign issue in 2022
Federal Reserve's Next Moves
- Fed announced plans for multiple interest rate hikes in 2022
- Discussion of Fed's balance sheet growth from $1T to nearly $9T
- Debate over impact of monetary stimulus and inflation
- Agreement that Build Back Better spending bill likely dead given inflation concerns
San Francisco Crime
- London Breed called for increased police presence and crackdown on crime
- Hosts saw this as rejection of "defund police" movement
- Predicted recall efforts against DA Chesa Boudin
- Discussion of progressive policies' impact on city management
The episode highlighted growing pushback against progressive policies and predictions of more centrist approaches gaining momentum in 2022.