i launch a ah hello, i'm emily and gwinnett now doe hi headquarters. these are the top stories on al jazeera. we begin with world cup news and argentina, and stop play. a lino messy. dream remains alive after win against the netherlands . the south american tain beat the europeans full sway on penalties to progress to the semi final eigen tina was leading by 2 goals until dutch strike a vote. vague host into the action he spoke his team's 1st goal, me 83rd minute, and another injury time. it was also a dramatic night for 5 time champions, brazil,

they suffered a stunning loss to croatia in it for the final match. the tournament favorites were knocked out on the spot kicks, croatia, scold all 4 of their penalties while brazil missed 2. it's the 2nd time in a row of brazil has been knocked out of the world up at the foot of fun stage saturdays, quote. a final action includes the all european match up between england and france at 19 j l. by stadium. the winner will advance to a semi final against either morocco or portugal back game kicking off at 15 jam t at elsa mama stadium to other world news now. and this is nobel peace prize is being awarded in on line phase, a live pictures from the ceremony. there are 3 recipients, giles of bella, russian activist, alas, the be in the etc, the russian organization memorial and the ukrainian center for liberty than

a wage. and nobel committee says the recipients made an outstanding effort to document war crimes, human rights abuses and abuse of town, and al jazeera ease at the opening ceremony in all flo will be speaking with the prize laureates and their representatives, join us for the nobel interview that the $1600.00 gene team in the world news police have evacuated, a shopping mall in the german city of dresden. there are reports that an on demand had taken hostages. the mall and a new by christmas market have been closed off to the public. china's health commission says the number of corona virus cases are decreasing since easing some of its tough restriction badging decided to loosen. is there a coven policy on wednesday? after days of protests in beijing and shanghai accord in hong kong, has sentenced a media tycoon. it jimmy lied to me at least 6 years in prison. he was convicted of fraud in october. ly has been detained since december 2020,

after organizing pro democracy, protest rights groups aging is trying to crush, dissent, incur, but media freedom in hong kong cycle. and in india, southern coastal side of town will matter, has caused destruction to making land full on friday. strong winds and heavy rains . damaged properties flooded residential areas and up routed hundreds of train the borders of bangladesh. his main opposition party have been protesting in deca, calling the prime minister to resign 1000 turned up in the capital, defying a crackdown. 5 police protest have continued in peru after the arrest of the page president, petro could steer. he was removed from power and detained on wednesday, the board of the demanding his release and have held rallies across the country. and, you know, the only thing that stays is the people, nothing more. we don't have authorities, we have nothing. it's

a national embarrassment. all these corrupt congress representatives have sold themselves betraying our president pedro castillo. he is not a communist. he is not corrupt. i'm here for new elections if the president is leaving and everyone should recall to election because the president is elected by the popular russian president vladimir putin says, future prisoners swabs with the united states are possible. still, victor booth is back in russia up the us released him in exchange for basketball when you grew up in itself. and the un security council has heard accusations from russia that weapon supplied to ukraine has ended up in the hands of criminal gangs . the moscow is facing allegations from the u. k. ambassador, that the kremlin is buying drawings from iran and north korea. all right, those are the headlines i'm emily angle in the news continues here on al jazeera after the bottom line to stay with us.

i hi, i'm steve clements and i have a question now that the richest man alive his bought twitter. how much tolerance should society have for the whims of billionaire ceos? let's get to the bottom line. ah, davinci raphael, michelangelo, ivan partuto, throughout history, artist and innovators have always been brilliant, but really complicated. always in trouble with authority, always known to be social misfits. but still crafting ingenious art and inventions that we'd never see if they'd just calm down and decided to go with the flow. before he bought twitter, the world's richest man, ellen must was known for reinvigorating the electric car and the space industry, including satellite internet. his latest target was a platform that's only 15 years old, but has become

a major source of information and entertainment for hundreds of millions of people around the world from india to turkey. so far there's been a lot of disruption, and people are seeing another side of his genius. his critics call him an autocratic chief executive, while his fans calling a visionary, who's out to make the world a better place. so which one is it? and how much of a pass should society give it's richest individuals who answer pretty much only to themselves. today we're talking with jeffrey sonnet failed the founder of the chief executive leadership institute at yale university, where he teaches about the practice of management. and that was a software entrepreneur based in silicon valley, where he writes about the technology transforming our world. one of his latest books is your happiness was hacked. why tech is winning the battle to control your brain and how to fight back. gentlemen, thank you so much for joining us. let me up. start with you on the back on this broad question of c, e o behavior. i worry about the pressures to homogenize genius and i'm wondering

how you see this moment because let me just be honest, you're one of the most disruptive writers and thinkers endures. i know some people will say the effect, what was kind of out of control sometimes. so what are the right lines, steve, what happens is that, especially if you're in silicon valley and especially today with all of this social media and all of this noise is constant reinforcement. we end up in, in isolation bubbles. we end up believing our own press. so what happens is people like ellen musk success goes to their head. ellen is an amazing innovator. he's done wonders for the world, but we're watching a lawn musk self destruct because he is high on his own press. he believes his god, and that's what happens to great innovators. they get the god complex, and then they self destruct is what happens to tyrants. we're seeing this globally where you have the leaders of some of the largest, most powerful countries in the world who have achieved to my success,

and they become tyrants and becoming destructive. they're destroying their own countries, where cingus and russia and china in particular. so this is what happens to leaders who are a no um, believing their own press and gets his god complex. and jeffrey, what does your study of ceo's tell you about what the vector shared? because, you know, we're, we're all, you know, pretty plugged in folks. i know a lot of ceo, some ceo's are good managers, they, they come in and they manage all summer visionaries. they don't all come in the same size and box and style. and i'm interested in the god complex and ceos and your thoughts on what your experience tells you. well it, i think that the vac absolutely. now that, of course, your set of question was very good and it led me to reach around and on this ranch, my neck out of shape to pull off the shelf this book, which is actually not a, a fake zoom backdrop. it was a real backdrop. this book, the heroes farewell,

which is not as current as the important book that for back just featured of his own. but in this one, we took a look at the work that i did by looking at this c e o complex, the heroes farewell, where they may be a hero in their nation might be hero in the company, but certainly their own minds, their heroic. and that's what gets to be dangerous, as they get deified by people around them. they start to believe there is on earth, one person truly indispensable. and they know who that is. so it's a kind of a heroic identity issue. nobody ever called dallas under the 3rd of macedonia, alexander the great, until he called themselves that and created this whole foss lineage to odessa and achilles. and they start to believe that that missed something completely separate, is also they believe that there's a heroic him mortality, that their job is what keeps them youthful. they don't want to ever let it go. so that that becomes problematic. isn't especially a problem with founders as we would take

a look at some of the founders that snap or twitter or, or ober, and others where they missed growing with different business life stages. or they missed self criticism. they started to develop a, a rigid sense of righteousness and a lack of alignment with their, with their mission. and these are actually failings of the ceo, but also failings of the board to not provide some of that. well, i think one of the, you know, interesting challenges here and again, folks, i don't know the answer, but i, i am a regular reader of that. that was newsletter. i don't know if it's publicly available, but i'm on the lucky, lucky person on the list. but i guess there's so many times where i have seen stories that you've written, vivek about someone who's come in and ripped off the way something was done, ripped up the way cancer research is done, looked at resources very, very differently. and when i think of eel on mosque, and i think about tesla,

or i think about the satellites that have now gone up or, you know, missions to mars and taking nasa which was essentially practically defunct, to be honest. and so i, you know, you look at you on mosque as a, as a certified genius in certain areas that ripped up the weight of doing things. and i guess, do we lose, do we risk losing the net global public positives? as we debate someone's behavior over communications platform. so that's what happened to elan is it, he did so much he, i used to call him the world's greatest innovator. the greater than a bit of our times. he did wonders in bringing us, you know, clean electric vehicles, then changing space travel, and then many other great things he could have done. except he started believing that he was god that he could do anything he wanted to and succeeded it. and then he made the mistake of spending too much time on twitter, because i had told him about 4 years ago when he was tweeting about the beautiful

in thailand. i said ill on please stop to it is going to destroy you. and what did he learn to? he got angry at me and, and he cut me off basically, he wouldn't respond to me after that. he was on my mailing list is that you're on and he is unsubscribe from it. he was so angry that someone would criticize him. the problem is that to people around him or not criticizing him. and therefore he believed that the skills he had in building electric vehicles would now take him into social media. and he could go to a social media company, fire all the software engineers and rebuild the company it himself. so he is wishing himself destruct, he may destroy the platform that we spend so much time on because of his, his arrogance. he has the but he's got the god complex. he thinks that he can do no wrong and he is the only one who can save the world. this is sad because i wish he could. it would have done more what his doing that he would solve other big, big bonhams in the world solve the some the buttons in humanity. but instead he's now going down this rat hole and is rapidly self. destructing. jeffrey,

one of some of the other big high profile names that i'm sure you thought about in your, in your institute at yale. ah, yeah, i'm thinking right now richard branson. right. everybody loves kind of writer of reviews by sort of think richard branson. so kind of warmer cuddly or version of, of some of what we're talking about. elizabeth holmes, of fair notes. that comes to mind though, adam newman, of we work, you know, where to some degree i'm interested in the ecosystem of even fake genius coming on in the culpability of media and press and civil society. are we creating these people because of our desire to create gods in the tech space? there's a great book called the frenzy of renown that just takes a look at our quest for celebrity. and we shouldn't confuse was celebrity with genius. ca? yes, we have seen virgin records in virgin air and virgin co can version everything else come and go along the way, not sustained business, not a revolution of the way things are being done, but

a lot of me too heavily hyped new entrance in businesses. so i wouldn't consider richard brand some in the same league. we take a look at, at newman, out of newman at we work. it's basically a guy who's taking least space and sub leasing it chopping it up with distressed wood floors and nas press on machines and, and, and foosball games and some bean bag furniture and trying to have it re cast as a technological revolution. which it wasn't, it was just a lot of hype, and that's what happens in the course of elizabeth holmes with their nos back. and i have written about this in several places just about how people got drawn in by her charm, ants and showmanship. so the pathologies there are, are with some fakers out there, some pretenders, but you take a look at high profile, large ego. people say, such as a thinking of bill gates of microsoft or jeff bezos, of, of amazon,

or michael dell who's, who's a pretty quiet guy, but has a strong ego of dell technologies. they managed to overcome these pathologies. they're every bit as much a genius as the, as the authentic ones we talked about earlier in this conversation. but they figured out ways that they could build a board that would police their own worst instincts, so they didn't wind up becoming religions on to themselves. there is this fomo frenzy, this fear of missing out that lead boards and media people in a financial analyst to ask the obvious questions about sam bank min freight and who is your accounting firm? and how did you not have a, a cfo and where is there any kind of board? is all there were none. and you take a look at the sophisticated investors that were there that didn't ask to boast a basic questions or investors that you would of you would have thought would have asked questions about f t x that are some of our most prominent finance ears. and similarly, the marquis name phenomena which is like this phone bo phenomena that people hide

behind the names of henry kissinger and george schultz and former senator a, an, a physician bill, frist who was on the board of thoroughness. the scientists actually quit that board, but people didn't ask questions when they saw these celebrity names had fear of missing out in the celebrity skirts. and then the accountability escaped that they find a way of not answering for bad news that just keep changing the subject. and this isn't the heal on mosque is pretty good at his leaf blowers and flame throwers. and where is this fleet of $1000000.00 taxis that were promised to be delivered 3 years ago, autonomous tax is there. where are they? we just see, you know, he's a he as a c, e o or in the leadership of 6 different companies. if you take a look at him working in 80 hour a week, which is hard to imagine because he clowns around so much for a 12 hour day that's leaving him about less than 90 minutes per company. that's not a lot of time to be running

a major enterprise on with fluid technologies and competitive markets is being kind of sociopathic lee combative, a useful character trait on the front end of innovation in steve. and they're different that you know skills you need for different types of wood at different stages of, of building a woods in your company. to start with, if you're a true innovator, you have a vision that no one else has. you believed that the impossible can be done and you are able to convince a few people to believe in you. no one else does. everyone tells you that this is not possible. it can't be done. was a model never worked, as technology will never work. and you have a vision, a belief in your heart that you can do it. and therefore, you know, do everything you can to do it. you bet your life savings. you can miss your friends to invest in you. you persuade a bunch of other people to, to work day and night with you. they're going to follow you until the end of the world to try to make this idea work. and you defied the odds and you succeed. and

you do that by being autocratic, by defying the whole world, and not listening to anyone. that's what it takes to build an innovative start up. now here's what happens once you've succeeded. now it becomes a management issue. this is where you have to read the books that jeff just on and fellows written and, and understand when or what he teaches. business executives that the skills required to run a bill. a 100 man dollar company are different than those required to run a $1000000000.00 company, which are different than those required to run a, a $10000000000.00 company. because you now have to build consensus. you can no longer be arrogant. you can no longer say that mine is the only way, and i'm right everyone as is wrong, you have to listen. you now have to have a board that guides you. you have to have marketing people that, that do research and systematically find out what will and what won't work. you have to know, speak to a customer, you have to listen to them. when they criticize you, you have to understand why they're criticizing you. what is it that they'd like, what is it that they don't like?

so the skills required to now build a large company are different than those to build a world changing technology. the problem is that a lot succeeded at billing the was your new technologies. and then he suddenly believed that he was the only one who could take it to the next step. who could, could replicate this, enlarge companies. he couldn't, he can't. and this is why he's gonna fail. he may bring all of his companies down with him. jeff has written a lot about his he, he does as a yes. he has to do it. i call it the davos of america because it's an incredible experience. you go to his, you know, steve, you should go to images and invite steve to, to the next one. you go, magic happens. the sheer energy from jeff dictating, and all of these mines coming together. buying down to joe, jeff, listening to everything he says, and my mother happens in his, in his institute meetings. i excited about that. i would love to go over jeff, let me ask you, is it important for the public good? for one of these billionaires who's engaged in some form of major excess to have

them broken down or contained by government. i mean, i think back in american history, but andrew carnegie or john d rockefeller, j. p. morgan, others that were extraordinarily important in america development history, but all of them were in a way broken their backs were broken by the power of the federal government. does that have to happen again today? if there is an unethical illegal behavior in predatory conduct and things again can make sense. and examples that we're talking about. that isn't what i think was at risk. i think we certainly saw that there were financial disclosures, regulatory disclosures and public health disclosures at places like f t x and thorough knows where the public didn't get the truth that took better enforcement. didn't take new lawson but to better enforcement. the laws we have, and frankly, a broken corporate governance system. so that's what was missing, you know, it's of that kind of self awareness. and i think with that for his kind compliments

about lessons that we pull out of our ceo's at our events. i started this program, we still have companies like like wang labs and weighing and can all send a digital equipment company. these were, you know, the some of the biggest computer companies on the planet. they don't exist anymore . and land a founder, a polaroid, who had created instant photography. every one of these people were minimizing any technological leaps that threatened their, their original brilliant creation. and it didn't take regulators and congress people to try to fix the problem. a good board should have fixed those problems internally, is that and land? it was so frozen all the of photo chemistry of vision. he couldn't understand what instant photography would mean to the digital age and he'd be minimized that i can also use to make mockery of low and computing who needs their own computer a minute, a sad mistake, a digital equipment company and things. so you have to find ways where you stir the pot and get and you don't wind up believing in your mission says as of evac was

warning us, michael dell has warned us regularly at the ceo summits that in a corporation, a business is not a religion you have to be able to, to challenge your presumption. michael dell has reinvented the company 8 times over . and his big frustration with a failed successor is that they had start to start the deify he had done. he said, don't do that. and that's why sometimes it's helpful to bring back a founder does. they can stir up the pot, they have what sociologists call idiosyncracy credits. they're allowed to challenge the core culture because they'll do things that the found that the successors were afraid to do. this is almost the failing of disney way back after walt disney passed on the range to his son in law. they froze up, they did nothing creative. and so michael eisner came along or the kind of reminds me in or just to bring back disney for a minute where, you know, bob eiger, the former ceo is now back to the future, is now the incoming c,

e o. steve jobs was the same one, he was ousted out of apple and then brought back at apple. and so i'm just, you know, it says so the kind of chemistry, the dna of that kind of leadership. but in the last few minutes we back, i'd really like to get a snapshot of how you look at silicon valley today and, and what are the guide? marx is you, we talk to a lay public, it's out there trying to understand whether or not the benefits coming down the road tomorrow are as great and as wife changed because right now we're getting a picture of a lot of fraud. we're getting a lot of picture of a lot of you know, mistakes that have been made and, and you know, excessive ceo leadership in certain ways. what do you think is, are the areas of silicon valley that we should be have confidence in and what areas give you concern. steve, the good thing about silicon valley and the bad thing about it is that it keeps burning down. and having to reinvent itself is what happens is that the silicon valley was actually in semiconductors. that's how it started,

and then the semiconductor industry imploded. and then there was software and then there was web. and then there's crypto and m this way. the 50 x came from and now silicon valley's into health care of the magic happens when you have innovators coming together and challenging each other. that's silicon valley. what happens and is that the old technology is they get on the exponential paths, they peak and then they implode. and along comes another set of technologies, another forest as the old forest bones down a new forest comes um, that's the constant reinvention that happened to silicon valley. and that's what a jeff described happens at big companies also that you have to be able to burn them down and reinvent them. and the problem is that when you start worshipping, you know the of the founders and we just are getting the god complex, you think that what worked before would work again? no, it doesn't work again, you have to keep reinventing and rethinking. you have to burn down next silicon valley did and reinvent. that's the way it goes. you do you think twitter will be

around in a year? i think we're going to see which winter and of course i would defer to the technological history of that is that there are at least 2 very strong competitors . and i don't mean donald trump's truth social. there are 2 very legitimate one ones that is focused on journalist community and one of them, which is a much broader platform that's in a beta format right now. there'll be some long past due competitors to, to twitter, and maybe that'll make twitter better, but it's not going to make them stronger right now that they right now hub in surviving losing money in a monopoly environment. as such, a heavily relied on service. it's hard to understand how they haven't done better, but now with advertisers fleeing with the recklessness. that mosque has brought in with lack of content moderation as they start to become a platform for bigotry, racism, and social unrest. no advertisers can stay with them. so twitter is imploding fast

before our eyes, but i do think that there will be some quick message social media counterparts that come along that fill that space. a really big lesson here is not to blame the imperial nature of the emperor for life mindset of the ceo, founder let them try to push for as much as they can. but the rest of us need to push back. we've talked about the failures of the boards, but something where we're vac and i often come together is the complete failure of industry analysts repeatedly the fall in love, excuse me, with the ceo's or the media, the becomes and, and raptured with them again as part of that fear of missing out cold like feature, they're afraid to raise criticisms. they're afraid that somehow they're going to look like the skunk in the lawn party. and they just, they don't question things that should have been questioned, that they're in a sort of in question and f t x. and that's where we, we really see the value has to be, i don't blame the founders, blame the media, blame the analysts, and blame the boards. i think that he's on twitter,

the value of the values in the community. the fact that there are hundreds of millions of people that people like us coming together on twitter very likely that ellen will mess it up and then do a fire sale to a microsoft to a google or, you know, some other company which can control it again my favorite is microsoft, this is web of educated that microsoft simply purchased that they could probably buy it for a fraction of what a loan purchase it for and fix it. that's more the more like the scenario where also great, great suggestion. i, i love that suggestion. that's the most important thing out of the show. i think right there very, i was like china will fix it. he's com. it is that the sort of example of the, of the leader that we have, jeff advocates well, who is calm collected, who listens reasonable. i mean, he's at the right place at the right time. he is a sort of executive that to the needs to fix it. or we'll have to start our legend leadership winner in 2 weeks. you guys need to both come and give them that idea at our, at our ceo, for of that, what we'll have to leave, we'll have to leave it there. history in the making right now. we'll send them the

link for the show. i want to thank you both what a great conversation jeffries on it felt senior associate dean for leadership studies at yale university and vivid water, author and tech entrepreneur. thank you so much for being with us today. thank you . and the number. so what's the bottom line here is the paradox. the biggest disruptions, innovations, and strategic leaps in our lives. often depend on the brilliant thinking of folks who come off as jerks. they just see the rules of wife and the order of society and they say no, not for me. they imagined something totally different. so whatever we think about leaders, like elan mosque, we have to admit that they are changing society. now he has his own media company, just like many other billionaires. jeffrey bays us, owns the washington post. rupert murdoch owns fox, but it's not just about whether twitter survives or what kind of platform it'll be when the dust settles. there's something bigger it play with extreme wealth comes extreme power. so how do you protect society from the whims of billionaires? that's where governments can actually play a role binding,

the line between innovation and the protection of the public interest. to make sure that the richest view are more of a constructive force and less of a destructive one. and that's the bottom line. ah, the war and ukraine is expected to lodge over this year's nobel peace prize ceremony. here in all summer ukraine center for civil liberties, the russian human rights organization, memorial and jailed bella, russian act of his hottest b, a yard sky with joy. he received the award in recognition of the importance of civil society to democracy and join us for alive an in depth interview with the winners here all now just from take off until the final whistle will bring you extensive coverage throughout the world come action from all

of the games, the joy on the hall side, experts and match analysis from our studios, info and excitement from around the city and across the globe. join us for half of 2022 unknowns 0 lou. hello, i'm emily anglin, him out. joe. hi headquarters. these are the top stories on al jazeera. this is nobel peace prize is being awarded in ozone. these, there are 3 recipients, a, gerald bell, russian activists, alice b elliot ski, the russian organisation memorial em ukrainian center for civil liberties. the norwegian at nobel committee says the recipients made an outstanding effort to document war crimes, human rights abuses and the abuse of power.