Jun 15, 2017

Uber chaos tests Silicon Valley's values

TIME cover story on Uber, "Chaos at the world's most valuable venture-backed company is forcing Silicon Valley to question its values," by Katy Steinmetz and Matt Vella:

"Technology is advancing so rapidly that, at this point, it is always going to outpace the law, the government, or the public's capacity to fully understand its ramifications…. If Uber's stunning stumble proves anything, it's that in the absence of any rule makers that can keep up with them, the architects of the new economy—which may be another way of saying, the new world—must hold themselves accountable. ...
"It's .. possible that what we're witnessing is the birth of a new Silicon Valley value, the concept of responsible disruption — one that incorporates inclusion and diversity, unsexy and difficult as they may seem, alongside thinking differently."

Dan Lyons, longtime journalist who has written for HBO's Silicon Valley: "There's a general sense in Silicon Valley and there has been for five to 10 years, that it's all about growth. Not just reasonable growth, but hypergrowth. Do anything you can to get that growth. That in itself causes a lot of problems."

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What we know: Deadly Storm Dennis whips at England, Wales and Ireland

Photo: OLI SCARFF/AFP via Getty Images.

At least two deaths are being attributed to Storm Dennis on Monday as it continues to strike at parts of England, Wales and Ireland, per AccuWeather.

The big picture: Dennis is the second-strongest nontropical storm ever recorded in the North Atlantic Ocean. Its hurricane-force winds and heavy rains have caused widespread flooding across the United Kingdom. The army has been deployed in the U.K. to help with flood relief.

Go deeperArrow11 mins ago - Science

Coronavirus cases rise as 14 American evacuees infected

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's NHC; Note: China refers to mainland China and the Diamond Princess is the cruise ship offshore Yokohama, Japan. Map: Danielle Alberti/Axios

14 Americans evacuated from the Diamond Princess cruise ship tested positive for the novel coronavirus before being flown in a "specialist containment" on a plane repatriating U.S. citizens back home, the U.S. government said early Monday.

The big picture: COVID-19 has now killed at least 1,775 people and infected more than 70,000 others. Most cases and all but five of the deaths have occurred in mainland China.

Go deeperArrowUpdated 2 hours ago - Health

The cost of going after Bloomberg

Illustration: Eniola Odetunde/Axios

Here's the growing dilemma for 2020 Democrats vying for a one-on-one showdown with frontrunner Bernie Sanders: Do they have the guts — and the money — to first stop Mike Bloomberg?

Why it matters: Joe Biden, Pete Buttigieg, Amy Klobuchar and Elizabeth Warren all must weigh the costs of punching Bloomberg where he looks most vulnerable: stop-and-frisk, charges of sexism, billionaire entitlement. The more zealous the attacks, the greater the risk he turns his campaign ATM against them.