They say the first step to overcoming addiction is acknowledging the problem, but what if your addiction is to technology?
IPhone designer and Nest founder Tony Fadell told Cheddar people need tools to understand how they use their devices.
“Today we do not have the information at our fingertips to allow us to see what our digital life looks like,” he said. “All of these companies have a measurement of our digital life. They know how much time we spend in each of these apps.”
“Apple and Google create these platforms, and they are in the perfect position to give us this data this back to us, and blend it with our physical data.”
Fadell’s comments follow calls from two major Apple investors that the tech giant do more to combat smartphone addiction among children. Jana Partners and California’s teachers’ retirement fund wrote letter to the company over the weekend, saying overuse of the devices has lead to lack of concentration in classrooms.
Fadell argues, though, that the issue is not exclusive to children.
“We have to think broader,” he said. “When it comes to our family, we have tech-free Sundays, where the parents and the kids are not on technology, where we’re together as a family.”
For the full interview [click here](https://cheddar.com/videos/apple-ipod-co-inventor-tony-fadell-on-combating-addictive-quality-of-technology).
These are the top stories, from Wall Street to Silicon Valley, that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
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Scott Belsky, the chief product officer at Adobe and author of 'The Messy Middle,' told Cheddar that good design now shapes how we use technology, on everything from new voice tech to augmented reality.
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Credible.com is revamping how people refinance their mortgages ー in the time it takes to download an app. The platform has launched what it calls a modern mortgage marketplace, providing users with real-time rates from multiple lenders. Stephen Dash, founder and CEO of Credible.com, said it was time to rebuild the mortgage shopping and application process.
Shankar Chandran, managing director of Samsung Catalyst Fund, told Cheddar at the Web Summit that Samsung is always looking for the next "trillion-dollar opportunity." The gold rush in Silicon Valley is all about data and A.I. now, he said.
Photo-editing app VSCO has already hit 2 million paid subscribers after crossing the 1 million subscribers threshold just in the first quarter of 2018. “It’s really a testament to how consumer-driven we are,” VSCO CEO Joel Flory told Cheddar. VSCO charges $20 per year for its subscription, and the business is now operating at break-even, Flory said.
Disney unveiled the name of its streaming service, Disney +, and some we're less than impressed. Rich Greenfield, analyst at BTIG, said that may be just fine for Disney.
These are the headlines you Need 2 Know.
