Apple iPod Co-Inventor Tony Fadell on Combating Addictive Quality of Technology
Apple is responding after two major investors penned a letter to the tech giant, calling on it to combat smartphone addiction among kids. Apple announced it will make parental controls more robust. iPod co-inventor and one of the lead designers of the iPhone Tony Fadell explains ways people, and businesses can combat addictive quality of technology.
"Now we are dealing with the unintended consequences of this technology," said Fadell. "Today we do not have the information at our fingertips to allow us to see what our digital life looks like." Fadell explains its imperative for companies to give us our data back to us, to blend it with our personal data to better understand and improve the way we use technology.
In a statement to USA Today Tuesday Apple said, "Apple has always looked out for kids, and we work hard to create powerful products that inspire, entertain, and educate children while also helping parents protect them online."
"This is an adults issue as well as a kids issue, so we have to think broader," says Fadell. "I'm sure they'll do the right thing. Hopefully Google and others do the same thing."
Energy Impact Partners is a VC firm committed to helping the world move toward a more sustainable future. The tech-focused fund aims to reach $350 million for its Deep Decarbonization Frontier Fund,' which aims to support early-stage companies working on innovative solutions. Energy Impact Partners' Managing Director Andy Lubershane joined Cheddar Climate to discuss.
Over the years we have heard a number of ways people can invest. However, have you thought about how you could invest in sneakers? Well, one platform says you can do that and more.RARE is an investment platform for sneakers that allows users to easily invest in the sneaker culture by giving them the opportunity to buy and trade shares of rare shoes and letting users own some of the most sought-after kicks at a fractional level. Rare says the goal is to empower the communities who made sneakers what they are today and give everyone a piece of the pie. CEO of RARES, Gerome Sapp, joined Cheddar to discuss more.
Crypto is increasingly becoming a hotspot for criminals and fraud with cryptocurrency crime reaching a record-breaking high. reports show scammers took $14 billion worth of crypto in 2021 alone. The latest crypto scam is aimed at investors in Binance. Ben Armstrong, the founder of Bitboy Crypto, joins Cheddar News to discuss.
SES Holdings, a leader in production of high-performance hybrid lithium-metal rechargeable batteries for electric vehicles, has arrived on Wall Street. The company went public via SPAC deal and now trades on the New York Stock Exchange under the ticker 'SES.' Qichao Hu, founder & CEO, joined Cheddar Movers to discuss the debut as well as what lies ahead for the company.
More than 70 religious leaders have come together to sign a letter to urge Mark Zuckerberg and Meta to halt plans for Instagram for Kids. The signers claim that this new platform, currently on pause, could cause spiritual harm to young people. Lucy Kidwell, the screen-free week coordinator for the nonprofit that organized the letter, Fairplay, joined Cheddar News to discuss the issue on Safer Internet Day. "It's not necessarily the content, even, that's on these platforms, but more the structure of the app itself," she said. "It's all focused on comparison, promoting yourself, putting forward this image of perfection and this beautiful life that's really harmful to kids who can't really separate what's real and what's fake and who may not be emotionally mature enough to handle something so complicated."
