Podcasts Business Investing Hidden Forces Who Makes The Rules In The Digital Gilded Age? | Tom Wheeler

Who Makes The Rules In The Digital Gilded Age? | Tom Wheeler

Published: Dec. 4, 2023, 9 a.m.

In Episode 341 of Hidden Forces, Demetri Kofinas speaks with Tom Wheeler, the former Chairman of the Federal Communications Commission (FCC) and the author of the recently published book \u201cTechlash: Who Makes the Rules in the Digital Gilded Age?\u201d

Wheeler and Kofinas spend the first hour of their conversation discussing Tom\u2019s time leading the FCC, what he learned during his time there\xa0 about the policy-making process and the challenges of regulating Big Tech, how industrial era regulations and agencies are ill-suited for overseeing today\u2019s 21st century digital economy, and what\u2019s at stake if we don\u2019t get it right.

In the second hour of their conversation, Tom and Demetri get into specific policy and regulatory proposals for dealing with both social media and artificial intelligence by challenging some of the false dichotomies and tribal biases that have dominated this conversation in recent years. They look at ways of incentivizing social media platforms to produce better quality information that reduces the incidence of costly externalities like rising rates of anxiety and depression among children, while cutting across political and ideological lines. Tom Wheeler also discusses President Joe Biden\u2019s recently signed executive order on AI and the challenges of regulating this profoundly disruptive and potentially dangerous new technology.

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Producer & Host: Demetri Kofinas

Editor & Engineer: Stylianos Nicolaou

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Episode Recorded on 11/27/2023