A toy makerās CEO hire signaled a shift from products to data collection
Evidence
When Mattel hired a new CEO in January 2017, itās no surprise that the company looked to Google, selecting its president for the Americas with responsibility for Googleās commercial and advertising sales operations. Most analysts agreed that the appointment heralded Mattelās commitment to its innovations in internet-enabled toys and virtual reality, but the appointment underscores the shift in focus from making great products for you to collecting great data about you. ā Shoshana Zuboff, The Age of Surveillance Capitalism, 832
Categorization
- SEED: The CEO-appointment read as āfrom making great products for you to collecting great data about youā is a compact emblem of the platform-era inversion of the product ā good fodder for a piece on how āthe customerā became raw material.
- XREF: connects to: Stock-based executive pay widened CEO-worker income gaps. ā Gerald F. Davis & Suntae Kim, Financialization of the Economy, 56; Appleās CEO publicly attacked its rivalsā data-mining business model in 2015
Broader Connections
- Appleās CEO publicly attacked its rivalsā data-mining business model in 2015
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