roger mcnamee, co-founder and author of "wake me up to the facebook ka taste thcatastrophe.reat to have you back >> good to be here how are you? >> great, thanks when you say black swan you think of some event that is not factored into the market at all right now. what could that be >> i think we've just had an example of it. over the weekend, sri lanka, you know, suffered a horrible series of terrorism bombings, and their response was to shut down facebook and other platforms, and i think this is something that was foreshadowed by what happened in new zealand, there was another terrorist action where social media played a huge role in spreading the fear after the event and i do think that the business model of platforms like facebook and google, particularly youtube side of google have created a huge problem for them, because they enable bad actors by amplifying signals that are hate speech driven and fear and outrage driven, and they do that because that's part and parcel of how they build their ad model. they have to expose people to difficult content to find out how they

emily: roger mcnamee of elevation partners.ts reveal new details following the arrest of a chinese woman after she gained access to the reception area of the mar-a-lago club last month. she was carrying two passports and a thumb drive containing malicious software. they found five cell phones, nine usb drives, five sim cards and a radiofrequency device that detects hidden cameras. this comes as president trump dismissed kiersten nielsen as homeland security secretary, which could have a large impact on the state of cybersecurity in the u.s.. for more, chris painter, the cybersecurity coordinator for the u.s. state department and a fellow at stanford center of international security and cooperation. the lawyer for this woman says there is no evidence she was spying but when someone has that much advanced equipment on them, what do you think? chris: obviously, we have to see where this goes. we want to see were the evidence leads. why was she there with a bag full of cell phones and usb drives? the other thing i saw was from the

eastern, featuring silicon valley investor roger mcnamee, looking at the long-term impact of k:cebook in his book "zuc waking up to the facebook capacity." towns," followed by his life --calling work with black lives matter. at 1 p.m., political committee kitchen scholar kathleen hall jamieson examines russia's impact on the 2015 election. at 2 p.m., can start reflects on the clinton investigation. >> and the recounting of the life of america's first female sandra dayce, o'connor. saturday morning at 10:00 eastern on book tv on c-span 2. this week on q&a, historian about hisinkley talks book "american moon shot, great. kennedy and the space race." fdr's bill was too big. built the grand cooley dam. and eisenhower had the highway system. thinking, what's my big public works thing? he picked the right number. technology. really, as wehip think of it today, gets 1950's.d in the late modern aviation starts kicking in. by the time, when jack kennedy runs, there are no computer science classes at universities. by the time he's killed in dallas, there are computer science classes everywhere.

this is people like roger mcnamee who has a book about face book, and sue desmond, who is the head of the gates foundation. we have that chinese, ai expert and investor. they are commenting, in a very interesting way, and signaling the type of specific conversation that we are looking for. anyone can comment, felt important to have people who could model the type of conversation. the second thing is, as mentioned, it is structured as you can only comment once. you cannot shout back and forth at other people. it turns out that that makes a huge difference. if you cannot go back and forth with someone about trump or obama, or whoever you want to shout about, it leads to a more civil conversation. the last thing is, we have journalists moderating the conversation. when people are not behaving civilly, we can push their comments down so people don't see them. there is a great thing called shadow banning. that means that the person who left the profane or angry comment, still sees the comments themselves, but nobody else sees it.[ laughter ]that means they don't get mad at us, because they

and so this is people like roger mcnamee, who has a new book about facebook, and sue desmond hellman,who is a head of the gates foundation. and so they are commenting data in a really interesting way and kind of signaling the type of civic conversation that we are looking for. anybody can comment, but it felt important to have some people who could model the sort of conversation. the second thing i mention is it is structured so you can only comment once. so you cannot shout back and forth at other people. and it turns out that that actually makes a huge difference. if you cannot go back and forth with someone about whether -- about trump or obama or whoever you want to sort of shout about, it leads to more civil conversation. the last thing we have our journalists who are moderating. so when people aren't behaving civilly, we can push the ir comments down, so people don't see them. there is a great thing called shadow banning, which means the that the person who left the profane or angry comment still sees the comment themselves, but no one else sees it. [laughter] mr. delaney: that

eastern, featuring investor roger mcnamee looking at the long-term investment of facebook in his book "zuck." and travels across america in a single engine crop town in the book "our town." at 1:00 p.m., political community communication scholar kathleen hall jamison examines russia's effort to examine the 2016 presidential election. and ken starr reflects on the clinton investigation. at 4:00 p.m. journalist and author evan thomas recounts the life of america's first female supreme court justice, sandra day o'connor. aturday on book tv on c-span2. >> this week on

roger mcnamee is a current and early investor in facebook. he's also the author of an absolute must-read book, "zucked colon wa "zuckedcol"zucke "zucked: waking up to the facebook catastrophe." generally speaking if a company were to get a record fine from a regulatory agency, investors might be concerned about that. but let's look at what facebook stock has done today. in addition to quarterly earnings, the bottom line is investors don't seem to be too alarmed by this. the stock is up 6% today. and if you look at it over the entire existence of the stocks' life, it's done fairly well. nobody seems all this worried that there is any consequence for facebook in any of its bad behavior. >> no, ali, if the goal of this fine is to change the incentives of fracebook, it did not work. mark zuckerberg's stake alone went up $4.5 billion today. the investors really are saying, we don't think this is serious, we think it's a one-off. they're just treating it as a cost to do business. regulators, i think, are beginning to recognize that they're going to

this is people like roger mcnamee, who has a new book about facebook, and desmond helmand, along with a chinese ai expert and investor. so, they are commenting in a really interesting way and kind of signaling the type of specific conversation we are looking for. anyone can comment, but it felt important to have some people who could model the types of conversations. the second thing, as i mentioned, was a structure so that you could only comment once . you can't shout back and forth that other people. it turns out that that actually makes a huge difference. if you can't go back and forth with someone about whether -- about trump, obama, or whoever you want to sort of shout about, it leads to a more conversation. lastly we have journalists moderating the conversations, so when people aren't behaving civilly, we can push their comments down so that people don't see them. it's this great thing called shadow banning. meaning that the person who left the profane or angry comment still sees the comment themselves, but no one else sees it. don't actually get mad at us because they don't rea

roger mcnamee's new book "zucked," which just came out, discusses using antitrust laws to actually break facebook into pieces. facebook will probably experience the hobbling of its business swagger that microsoft experienced 20 years ago. i understand now, some people now are embarrassed to work there. it will be harder to track and retain talent, and this will create opportunities for new entrants. so we have an opportunity today through our choices to select and shape the news platforms of tomorrow. there is apple news, an aggregation service which already reaches 90 million readers every month. flipboard quietly chugs along. it has 145 million readers a month. reddit last year had 330 million monthly users, putting it above at or above the level of twitter. interestingly, in the case of reddit, it is human moderation rather than algorithms, each subreddit is monitored by users and moderators actually may be better than ai at finding and curating news. reddit is not perfect. we know with this, but the human hand in curating is an important signal, and it points to the power of the impo

. >>> when we come back, roger mcnamee with reaction to the movement in shares of lyft since the company'sday walgreens taking some out of the dow, but down only 48 points dow, duncan just protected s his family with a $500,000 life insurance policy. how much do you think it cost him? $100 a month? $75? $50? actually, duncan got his $500,000 for under $28 a month. less than a dollar a day. his secr? selectquote. in just minutes, a selectquote agent will comparison shop nearly a dozen highly-rated life insurance companies, and give you a choice of your five best rates. duncan's wife cassie got a $750,000 policy for under $23 a month. give your family the security it needs at a price you can afford. >>> keeping a very close eye on shares of lyft appeared to get a bounce a few moments ago. we'll see if it holds. currently down .5% here. back in a moment and weak, thin grass! scotts turf builder triple action. this single-step breakthrough changes everything. it kills weeds, prevents crabgrass for up to 4 months, and feeds so grass can thrive, all guaranteed. only from scotts. our backyard is

eastern featuring silicon valley investor roger mcnamee looking at the long term impact of facebook in"zucked." at 11 a.m. james and deborah fallows and their book "our towns." foegd by devay mckesson recalling his work with black lives matter. at 1:00 a.m. kathleen hall jameson examines russia's efforts to impact the 2016 presidential election. at 2:00 p.m. former independent counsel ken starr reflects on the clinton investigation. at 4:00 p.m. journalist and author evan thomas recounts the life of america ace first female supreme court justice sandra day o'connor. watch live coverage of the annapolis book festival saturday morning at 10:00 eastern on book tv on c-span 2. >>> the speaker of the council of representatives of iraq visited washington, d.c. recently to meet with u.s. government officials. he also spoke at the u.s. institute of peace to lay out the new parliament's priorities. here is a portion of that event where he takes questions from the moderator and members of the audience. [ applause ] >> mr. speaker, thank you very much. thank you again for joining us and for those

the trader also tell you which ipos are hot and not facebook, twitter snap on deck for earnings roger mcnameet off with energy catching fire. the sector is 2% today, leading as

eastern, featuring silicon valley investor roger mcnamee, looking at the long-term impact of facebooks book "zuck: waking up to the facebook catastrophe." town,"00 a.m., "our followed by noon eastern, recalling work with black lives matter. then, catherine jamieson discusses the russian interference with the presidential election. and at 4:00 p.m., journalist and author evan thomas recounts the life of america's first female supreme court justice, sandra day o'connor. watch live all the coverage of the annapolis book festival this morning starting at 10:00 a.m. eastern on booktv on c-span2. historianek on "q&a," douglas brinkley talks about his book "american moonshot: john f. kennedy and the great american space race." douglas: he goes back to fdr, but fdr's new deal was stupid, so what fdr did well beyond social security endings and things, he built this grand coulee dam. eisenhower had the highway system. kennedy is saying what is my administration's big public works thing? i admire that he took technology. the computer chip that we think about today was developed in the late 1950'