tv Press Here NBC October 21, 2018 9:00am-9:28am PDT
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the board at google, michael hennessey, sits down with me to tuk leadership. plus, we delve into the surprisingly robust business of radio. and examine the president's position on visas and how it could affect silicon valley companies. our reporters jennifer elias from the silicon valley business journal and michael likey from "the associated press" this week on "press: here." good morning. i'm scott mcgrew. the ceo of google will meet with the hughes judiciary committee
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next month. there is debate at google about creating a censored version and about the role helping the defense department interpret data for the battlefield. google employees are famously loudly voicing all kinds of opinions about sex, culture, and race. the man at the very top is john hennessey, the chairman of the board at alphabet, the parent company of google. a man known in silicon valley for his intelligence and his patience. john just wrote a book about leadership style called leading matters. it's a damn good book. here is here to talk about the bookkeeper. he is seasoned to know i am going to hijack a little bit of the conversation. i should as if being chairman of stanford university for 16 years as well. hold that business journal "e michael litke of associated press." chairman at google, was my
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assessment of google fairly accurate? it is a rambunctious group, isn't it? >> it's a very open culture. employees really participate. where friday afternoon all hands meetings were common. and the leadership shared a lot with the employees. >> now, there is this idea of bringing your whole self to work. it's a very silicon valley -- i think it's a very silicon valley idea. but it can cause a lot of issues. i mean, there are some fairly famous issues at google in which employees caused as, you know, debating back and forth the issues as opposed to engineering. >> yeah. i mean, the thing to understand s ahe if unhappy about something, that's 9,000 employees. 900 employees. that's a fairly large small minority. you get a different dynamic as the culture has grown, the dynamic has shifted.
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>> i am not saying it's a wrong thing. i don't imagine the assemblyman on the ford assembly line is out there blogging about stuff the way that a google employee does. i'm not saying it's a negative thing. it's fascinating to me that you have to manage a culture in which there are so many different cultures and they are so active. >> well, if you think about google and what it's built on, it's the openness of the internet and the fact that there.naturally, areormation a part of that community. that means there is more openness, more discussion, a lot more debate. as the company's grown, that's created new challenges that i don't think we, quite frankly, anticipated. >> are those challenges being brought up to the board a little bit more? are you discussing that more on the higher level? >> surely. surely we discuss them. one of the key things that we tried to do is establish a set of a.i. principles. we have guidelines about the use
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of the company's artificial intelligence technology. i think that's going to be critical because if we are not careful how a.i. gets used, there will be a lot of negative consequences. >> i'm curious about this whole issue about thinking about taking the search engine back into china. i think that reflects maybe how some of the thinking has evolved. eight years ago, for instance, i mean, sergei and larry said we are getting out of china for a lot of reasons. how is that reflective of the way the thinking has changed as the company has gotten bigger? >> i think it's a complicated issues. it's a complicated issue because you have to start with the question are chinese citizens better off even with the search engines that has to admit some level of censship, which, bycen perhaps not as aggressive as china, or are they better off without that kind of access to the search engine? lots of things happened at the time that google pulled out, including some hacking incidents
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into gmail that were scarier than the censorship. >> it is a gray area in the sense that you have this great power to bring people great information and somebody in china who is wondering about breast cancer, signs of breast cancer, would be able to google that and get that information. wouldn't that be a shame if she were not able to get that? on the other hand, she can't google tianamin square. there are incredible shades of seems clear cut. what does that mean when you are in of access you said to medical information, for example? they don't have that other access today. in some sense, in the bigger picture ha subtle change, don't be evil, do the right thing? >> i don't think it was intentional. i don't think it was a deep
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conspiracy. it was just was like a positive statement rather than a negative statement about the ethos of the company. >> how important are those statements to the employee base and when you are leading, you know, as your -- >> i think they are important to the employee base and i think they are important as an upper level guiding post on what we are trying to do. as we that the internet touches everybody's live every single day, the change that's occurred. think about to the valley of 20 or 30 years ago. a bunch of tech companies s largely for business people or other techies. now we people use multiple times a day. the impact and the way the internet enables to bl subject, quite anticipated. atedmosphere i think than we ev >> are you satisfied with how engaged larry page is as ceo right now? there has been some speculation and questions that he is not there as much. >> i spent the entire day with
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him yesterday. he is very engaged. he is really focused on a number of the alphabet companies as well as bigger strategic issues. >> there are a lot of people in silicon valley who are rather famous. mark zuckerberg could walk through any town. and i think larry and sergei also. you w chairman of google, as everyone's -- as larry and sergei's boss, you have a certain anonymity, i would imagine, in certain situations. have there ever been a situation erewh somebody dtave -- i mean, not thathat i could obviously overhear because it was in a group setting, and they was the chair -- >> some conversation comes up? >> and they said some things and i go, oh, yeah? >> did they have to google you? >> yeah, i don't know. but it was an interesting google does this or that.
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they do? that's a surprise to me. >> i want to talk about your book. we are going to invite our viewers to continue to watch at pressheretv.com about leading matters. to the next rs on television we subject. if you are on television, president trump wants to cut back on workers visas. that could leave thousands o people in silicon valley and not just the workers but families in trouble. we will look that onalk about j book at pressheretv.com.
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>> "press: here" is available as a podcast on itunes. president trump has been straightforward about his dislike of h-1b 1 visas. they allow american companies to bring in skilled foreign workers. he fears it shuts out american workers. those workers bring in families, spouses who also want to work. their spouses may be lawyers or hingors in their home countries. o contribute. one way or the other, they don't necessarily want to sit at h 4 d their work permits of eads. president trump is not a fan of those either. i bring up this lesson on visas because i want to talk about immigration and the american dream with someone who lived it. he is pictured as a little boy in poland, came to america at 20, not speaking english, and is now the ceo of phoenix-based
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next teva. a telecommunications company. did i read this write? you came with an essential employee visa, then an investor visa. you got your green card by being a farmer? >> that's correct. >> what kind of farmer? >> almond. >> an almond farmer? >> yes. and i own it today, just for the fun of it. please buy morale munds. >> we are talking to the ceo and founder of solarcity. he came on an underwater playing visa. true story. it's amazing the sort of things that people will do to come to this country and succeed and employ americans and create great companies. what was your desire to come to america at 20? what was the burning desire? >> you know, i always said like in capitalist in poland. as far as i can remember since my early age i loved the american culture.
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i also love the american movies. and the two movies that are primary responsible for my coming to america are wall street, not the corruption, but the idea if you worked really, really hard you can accomplish anything. the other movie, tv seri, erly " so at the age of 20, without speaking any english, without no money in the pocket, i arrived here. while i was building my business i was also working various jobs. i was fortunate a couple of years later to sell my business, new business, and i literally went from living off $3 a day, a couple of years later becoming a multimilli multi-millionaire. a couple years later losing pretty much everything, not knowing how i would pay my next mortgage and started another business. the lessons that i learned
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throughout the period of time, they were invaluable. >> how did you go from farming to what you are doing now? >> i was always in the tech business. as far as i can remember, to me the immigration policy as here sense. i came here at 20, start ofed a. when i started my third business and became one of the fastest growing company, tech company in the united states, i was employing hundreds of people. i was hiring hundreds of people every year. but i wasn't able to attain a green card and citizenship through my primary business. so my immigration lawyer recommended that the government was running an initiative in the high unemployment areas with an almond farm. this is how i became pretty much the american citizen. >> is there anything that makes sense to you, the reforms that
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are being proposed with the h-1b visas that trump -- i know a lot of tech companies think it's bad. do you see anything? >> first of all, i don't occupy myself too much of the politics of it, but i would say that making it even more difficult than it was for us to accept immigrants is we stand for, the american culture, and also to our future because when you look at the world today, some of the best companies in the world that exist today have been created by immigrants, companies like google. companies like tesla. >> i have a statistics for you. 44 out of 87 companies in america, startups, worth $1 billion or more, were started by immigrants. 44 of 87. >> and think about if those immigrants wouldn't be here, you know. >> you do employ h-1b employees.
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>> some. >> and those h-1b employees have h-4 visas, spouses and children. this goes to a work permit for a h-4 visa holder could include a teenager who lived in america most of his life, wants to be a lifeguard at the country club, a paper boy, something like that, jobs we have all sort of had. does t worry these visas may be restricted? >> oh, absolutely. it frustrates me. it worries me a little bit. you know, we always will t we can keep them here of course legally. >> sure. >> i am also frustrated on a different level that is not a good thing for america. and that's probably equally a high level of frustration that i have because we are fwking a global economy and we are willing to accept a lot of the students here. as soon as they are done and we educate them, we are sending them back. >> to compete with us. >> absolutely. >> as a founder of a tech
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company here, how critical would you say the sort of threatened restrictions around theseies visas are te purview? >> i believe that we may not feel it as much today, about you we will in the there is always a lagging effect of that. and i believe in order for us in the united states to be competitive and be participating in the global economy that we are today, we need the best people possible. and i think that it is nonsense that immigrants take american jobs away. when you think about the fact, and i am going to use another example of automation or intelligence. we have been automating in the u.s. across various industries for 50, 75 years. we have been creating more jobs than jobs with one of the lowest unemployment rates. the same for immigrants. immigrants are productive
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members of society, should have the right to stay here and contribute on all different levels. >> how many jobs do you think you have created? >> over the years in the united states, i believe roughly about. this goes out over the internet as well as being a tv show. so somewhere in poland there is a 19-year-old kid who is watching this right now. wh would you give him as far as coming to america and making your millions? >> two things. and we don't have enough time to cover all of them. maybe quickly three that i live by. one, i love the idea of being, i embrace the idea of being underestimated. i think that's a very powerful idea. you can see it two ways. one -- >> now you are sub one. you were one a and one b. give me one big one. >> when you build a business,
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focus on the purpose of the business. a lot of people that try to be successful, they try, when they start the business, they are dreaming about this big outcome. and i don't believe in an exit strategy. this may sound awkward coming from me. i sold businesses. i bought in going public. >> i have to have an exit strategy because i have to sell ads on the tv show. i say thank you for being here, almond farmer and ceo of a high-tech company as well. the age of podcast and spotify when "press: here" continues. . >> announcer: nbc bay area response. troing. >> in english or spanish. recovering more than $2 million combined. contact us anytime. we respond to every call, every
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welcome back to "press: here." i have to admit i asomei wrong about it. i assumed because i really cut back on my radio listening in favor of music on spotify, that everyone was doing the same thing. i was really wrong. >> new music from marshmallow. >> it turns out radio listenership is surprisingly strong even among millennials. the top man in the country followed by -- the top format in the country. according to neilsen study, 93% of u.s. adults 18 and older listen to the radio every week, more than watching television or
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using a smartphone, tablet, or pc. mike dougherty is an expert on radio. he is ceo of jelly, which helps radio stations sell their on-air ad space. thanks for being with us this morning. i am astonnished by that. part that have is because other than myl, there is a lot of car on the road. first of all, these amfm radios are one of the biggest places you listen to radio. there are two to 300 billionaires in the united states that we spend in our cars commuting. 42% of the time you are listening to the radio. so it's a companion while we are driving around. that's why it's still a big part of the audio landscape. about half of all listening of audio is through radio. >> i see the big challenge looming with android auto and car play coming from apple, becoming more and more ingrained in the dashboard, the control
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center of the car. that seems like it will be more streaming of music services and the radio is cut out of that. what is the challenges facing the radio industry? >> i agree with you. the car today is not quite as connected as it will in next fe the platforms you are talking about will be more prevalent. i just bought a car this year. it's still a little bit difficult to get those services connected in the way the radio is, so simple, just flip it on, but that's changing. so i think the future of radio is actually the brand of the content. you are talking about the ryan seacrest brand moving over to new channels is the future of that opportunity. >> it sounds like more niche stations will probably be a bit more successful as far as radio going forward? i mean, if it's news related or just like you said, ryan seacrest, whatnot? >> that's a great question. ryan seacrest is a huge
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platform. think about a national person like that, that's not too niche, you know. at the same time you have podcasting, which really services niche communities and do it in a way that creates community. >> reed hastings w handle news and well and netfli wouldwhen it comes to -- and we talking about terrestrial radio here, not necessarily satellite. would to make sense to have more news, more talk, more sports? after all, sports radio tends to be the one thing that you can't pod cambridge analytica the same way -- you can't podcast the same way. >> yeah, live, whether it's talk or live sports, is a huge part of the current am/fm radio landscape and a big part of streaming and podcasting. local is a part of the landscape. we have over 2,300 radio
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stations on our platform. there are overews and their local music as well. events that are that is a strength of the radio medium that you don't necessarily see with a music service that's more about the music itself, but not the local environment. >> we have the midterms coming up. this is an opportunity for local, too. because nobody cares about texas's district outside of texas, that district, whatever it happens to be. maybe we care about the senate race there, but we are not going to listen to ads because we can't vote in texas. but radio delivers those very niche sort of districts much better than anything else really? >> yeah. i would say that's another strength of radio is the idea of massive reach in a local market. so you can have a rural area, a town, and radio is going to have 93% coverage of that area. you know, all politics is local. so you are trying to win a race in that market, you want to reach the demographic you are
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looking for. if you are trying to get the millennials out to vote for youo ng for an older demographic, a higher percentage of thatic listens medium that aggravated up to this huge thing. >> 90% of millennials? >> yeah. 88% of teens to mid-20s listen to radio. >> we start itted, i was astonnished by that, too. by accident? i mean, that they forgot their phone? that is astounding to me. >> it is. i think you get in the car, flip it on. i think it's that easy. the amount of hours that's being spent with the radio versus spotify are less with the younger demographic. if you are looking at teens to mid-20s, they might spend 15% to 20% of time with radio as opposed to an older demographic that spends 45%.
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if you are voting, back to the elections, they are not voting so the people who are voting in. so- ere new technology that allows you to target. if you have 15 stations to kouz from, what do i run the ad on to get to the audience i want? technology allows you to target radio stations based on what type of listeners are on the stations. >> what is going to happen, looking ahead, when we finally get self-driving cars and people are free to watch a video or work on their computers. you don't have the captive audience. you are free to do more stuff besides listen to the radio. >> that's another good one. i am a big believer when you are moving in a car, audio is a good format regardless of whether you are driving or not. some people insofar as consuming audio, it's a nice lighter weight way of accessing media, and video is pretty immersive. so iotfs with
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kansas speedway on a chilly fall afternoon, race number six of the monster energy cup series playoffs and today an eliminatio race. 12 drivers still alive for a championship but by the end of the day that number will be down to eight. hi, everyone, our nascar starts in one hour. we'll bring you figure stating from everett, washington, but a quick look back at yesay brewer
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