Trampled by Unicorns

Book description

A Wall Street Journal Bestseller

An insider’s revealing and in-depth examination of Big Tech’s failure to keep its foundational promises and the steps the industry can take to course-correct in order to make a positive impact on the world.

Trampled by Unicorns: Big Tech’s Empathy Problem and How to Fix It explores how technology has progressed humanity’s most noble pursuits, while also grappling with the origins of the industry’s destructive empathy deficit and the practical measures Big Tech can take to self-regulate and make it right again. Author Maëlle Gavet examines the tendency for many of Big Tech’s stars to stray from their user-first ideals and make products that actually profoundly damage their customers and ultimately society.

Offering an account of the world of tech startups in the United States and Europe—from Amazon, Google, and Facebook to Twitter, Airbnb, and Uber (to name a few)—Trampled by Unicorns argues that the causes and consequences of Big Tech’s failures originate from four main sources: the Valley’s cultural insularity, the hyper-growth business model, the sector’s stunning lack of diversity, and a dangerous self-sustaining ecosystem. However, the book is not just an account of how an industry came off the rails, but also a passionate call to action on how to get it back on track.

Gavet, a leading technology executive and former CEO of Ozon, an executive vice president at Priceline Group, and chief operating officer of Compass, formulates a clear call to action for industry leaders, board members, employees, and consumers/users to drive the change necessary to create better, more sustainable businesses—and the steps Western governments are likely to take should tech leaders fail to do so. Steps that include reformed tax codes, reclassification of platforms as information companies, new labor laws, and algorithmic transparency and oversight.

Trampled by Unicorns’ exploration of the promise and dangers of technology is perfect for anyone with an interest in entrepreneurship, tech, and global commerce, and a hope of technology’s all-empowering prospect. An illuminating book full of insights, Trampled by Unicorns describes a realistic path forward, even as it uncovers and explains the errors of the past. As Gavet puts it, “we don’t need less tech, we need more empathetic tech.” And how that crucial distinction can be achieved by the tech companies themselves, driving change as governments actively pave the road ahead.

Table of contents

  1. Cover
  2. Epigraph
  3. Introduction
    1. NOTES
  4. PART One: Monsters of Scale
    1. CHAPTER 1: Making the World a Better Place
      1. TECH AS DRIVER OF ECONOMIC AND SOCIAL PROGRESS
      2. HIDDEN EFFECTS
      3. NOTES
    2. CHAPTER 2: Culture Bubble
      1. “WHAT DO ENGINEERS KNOW ABOUT THE WORLD!”
      2. “STEVE JOBS DIDN'T BUILD APPLE BY BEING HUMBLE AND CARING ABOUT PEOPLE”
      3. NOTES
    3. CHAPTER 3: Emerald Cities
      1. “LANDLORDS POUNDING ON THE DOOR”
      2. “WE KNOW OUR RESPONSIBILITY TO HELP STARTS AT HOME”
      3. “SHOCKINGLY POOR VALUE FOR TAXPAYERS”
      4. NOTES
    4. CHAPTER 4: The New Feudalism
      1. THE HUMAN IMPACT OF TECH DISRUPTION
      2. “THEY DO A LOT MORE REVENUE WITH A LOT FEWER PEOPLE”
      3. $1.42 PER HOUR
      4. NOTES
    5. CHAPTER 5: Anti-Social Networks
      1. UNDERMINING FACTS AND SCIENCE
      2. DEMOCRACY UNDER ATTACK
      3. UNRELENTING HATE
      4. “WHEN SHE SHOWED ME THE MESSAGES, I JUST FELT SICK”
      5. “#NEWZEALANDMOSQUEATTACK”
      6. “THE UGLY”
      7. YOUTUBE RECOMMENDED ALEX JONES 15 BILLION TIMES
      8. SECTION 230
      9. “YOU'RE ARGUING ABOUT WHETHER THE BABY'S DEAD”
      10. “I'M GOING TO SHOW YOU MORE CAR CRASHES”
      11. NOTES
    6. CHAPTER 6: Venture Capital and the Holy Grail of Scale
      1. THE GOOD, THE BAD, AND THE UGLY
      2. “IT'S ALL ABOUT SCALE”
      3. “YOU DON'T SCALE FAST IF YOU TRY TO GET EVERYTHING PERFECT”
      4. FOMO
      5. HARVARD OR STANFORD?
      6. A NEW INVESTOR CLASS?
      7. NOTES
    7. CHAPTER 7: Psychos of the Valley
      1. A GRANDIOSE SENSE OF SELF-WORTH AND POOR BEHAVIORAL CONTROLS
      2. SHALLOW AFFECT (SUPERFICIAL EMOTIONAL RESPONSES)
      3. PATHOLOGICAL LYING
      4. A LACK OF REMORSE OR GUILT AND A FAILURE TO ACCEPT RESPONSIBILITY FOR ONE'S OWN ACTIONS
      5. CALLOUSNESS AND LACK OF EMPATHY
      6. JUVENILE DELINQUENCY
      7. NOTES
    8. CHAPTER 8: Between Scylla and Charybdis: What Happens If We Do Nothing
      1. THE ORWELL SCENARIO
      2. THE HUXLEY SCENARIO
      3. NOTES
  5. PART Two: Fixing the Chaos Factory
    1. CHAPTER 9: We Should All Be Chief Empathy Officer
      1. WHAT DOES AN EMPATHETIC COMPANY LOOK LIKE?
      2. 1. PEOPLE
      3. 2. DECISION-MAKING PROCESSES
      4. 3. BUSINESS MODEL AND ECONOMICS
      5. NOTES
    2. CHAPTER 10: A Multiplayer Game: Corporate Governance in Tech
      1. 1. INVESTORS
      2. 2. BOARDS AND SHAREHOLDERS
      3. 3. STOCK EXCHANGES
      4. 4. INVESTMENT BANKERS AND PROXY ADVISORS
      5. 5. INDUSTRY BODIES
      6. NOTES
    3. CHAPTER 11: Breaking Up Big Tech?
      1. BIG TECH'S ANTICOMPETITIVE BEHAVIOR
      2. THE ANTI-ANTITRUST COCKTAIL
      3. REINVIGORATING ANTITRUST
      4. ZUCKERBERG'S PUSHBACK (AND WHERE HE'S WRONG)
      5. ANTITRUST IS NOT A UNIVERSAL TOOL
      6. NOTES
    4. CHAPTER 12: Tax, Privacy, and Other Running Sores
      1. IMPLEMENTING FAIR AND EQUITABLE TAXATION
      2. MODERNIZING EMPLOYMENT AND LABOR PROTECTIONS
      3. PROTECTING PRIVACY AND RETHINKING DATA OWNERSHIP
      4. FIGHTING FOR THE PRESERVATION OF FACTS AND CIVIL DISCOURSE
      5. SETTING STANDARDS FOR ALGORITHMS, ARTIFICIAL INTELLIGENCE, AND FACIAL RECOGNITION
      6. NOTES
    5. CHAPTER 13: Big Tech Broke the News Media: What's Next?
      1. “SIGN A BIG CHECK, THEN GET OUT OF THE WAY”
      2. FACEBOOK AND GOOGLE ARE NEW VERSIONS OF MEDIA COMPANIES
      3. NEWS ORGANIZATIONS NEED MORE THAN EVER TO KEEP BIG TECH ACCOUNTABLE
      4. NOTES
    6. CHAPTER 14: People Power
      1. NOTES
  6. Epilogue: A Manifesto for Change
    1. NOTES
  7. Acknowledgments
  8. About the Author
  9. Index
  10. End User License Agreement

Product information

  • Title: Trampled by Unicorns
  • Author(s): Maelle Gavet
  • Release date: October 2020
  • Publisher(s): Wiley
  • ISBN: 9781119730644