Top 10 Rana Foroohar Quotes (2024 Update)

Rana Foroohar Quote: “This was a culture in which the metrics were always right. The company was simply serving users, even if that meant knowingly monetizing content that was undermining the fabric of democracy.”

1. “This was a culture in which the metrics were always right. The company was simply serving users, even if that meant knowingly monetizing content that was undermining the fabric of democracy.”

— Rana Foroohar

Rana Foroohar Quote: “The result of this solutions-minded mentality is a kind of tunnel vision and cognitive blindness that goes a long way in explaining the lack of diversity, the toxic cultures, and the embarrassing PR blunders that plague so many Big Tech companies.”

2. “The result of this solutions-minded mentality is a kind of tunnel vision and cognitive blindness that goes a long way in explaining the lack of diversity, the toxic cultures, and the embarrassing PR blunders that plague so many Big Tech companies.”

— Rana Foroohar

Rana Foroohar Quote: “The labor share of the overall economic pie is at a post–World War II low, which is an enormous problem in an economy that is 70 percent dependent on consumer spending.”

3. “The labor share of the overall economic pie is at a post–World War II low, which is an enormous problem in an economy that is 70 percent dependent on consumer spending.”

— Rana Foroohar

Rana Foroohar Quote: “Big Tech firms, however, have no need to raise prices, because they have a business model by which they are not paid in money; they are paid in data, via a system of barter.”

4. “Big Tech firms, however, have no need to raise prices, because they have a business model by which they are not paid in money; they are paid in data, via a system of barter.”

— Rana Foroohar

Rana Foroohar Quote: “But the trouble with Big Tech isn’t just an economic and business issue; it has political and cognitive implications as well.”

5. “But the trouble with Big Tech isn’t just an economic and business issue; it has political and cognitive implications as well.”

— Rana Foroohar

Rana Foroohar Quote: “If a dominant player didn’t raise prices, according to Bork, it was not engaged in monopoly.”

6. “If a dominant player didn’t raise prices, according to Bork, it was not engaged in monopoly.”

— Rana Foroohar

Rana Foroohar Quote: “You could argue that all of this is simply part of the “think different” mind-set, one that is necessary for entrepreneurship and radical change. The problem is that with it often comes a strong sense of entitlement and a weak sense of responsibility for any consequence of one’s actions.”

7. “You could argue that all of this is simply part of the “think different” mind-set, one that is necessary for entrepreneurship and radical change. The problem is that with it often comes a strong sense of entitlement and a weak sense of responsibility for any consequence of one’s actions.”

— Rana Foroohar

Rana Foroohar Quote: “Theirs is a worldview in which anything and everything – government, politics, civic society, and law – can and should be disrupted. As Big Tech critic Jonathan Taplin once put it to me, “Demos – society itself – is often viewed as being ‘in the way.’ ”15.”

8. “Theirs is a worldview in which anything and everything – government, politics, civic society, and law – can and should be disrupted. As Big Tech critic Jonathan Taplin once put it to me, “Demos – society itself – is often viewed as being ‘in the way.’ ”15.”

— Rana Foroohar

Rana Foroohar Quote: “Today financial capitalism is fraught with special interests, corporate monopolies, and an opacity that would have boggled Smith’s mind. Let me be clear: despite my criticism of our existing model of financial capitalism, this book isn’t anticapitalist. I am not in favor of a planned economy or a turn away from a market system. I simply don’t think that the system we have now is a properly functioning market system.”

9. “Today financial capitalism is fraught with special interests, corporate monopolies, and an opacity that would have boggled Smith’s mind. Let me be clear: despite my criticism of our existing model of financial capitalism, this book isn’t anticapitalist. I am not in favor of a planned economy or a turn away from a market system. I simply don’t think that the system we have now is a properly functioning market system.”

— Rana Foroohar

Rana Foroohar Quote: “Data is the new fuel for growth in multiple industries, from manufacturing to retail to financial services. But unlike other assets, it doesn’t necessarily fuel job growth, but rather, profit growth. And those profits tend to be diverted directly into executives’ and shareholders’ wallets.”

10. “Data is the new fuel for growth in multiple industries, from manufacturing to retail to financial services. But unlike other assets, it doesn’t necessarily fuel job growth, but rather, profit growth. And those profits tend to be diverted directly into executives’ and shareholders’ wallets.”

— Rana Foroohar

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