{"id":35705,"date":"2018-07-09T10:50:08","date_gmt":"2018-07-09T10:50:08","guid":{"rendered":"http:\/\/icloud.pe\/blog\/?guid=6d4246faaf8882e1ece71a66ed5b90eb"},"modified":"2018-07-09T10:50:08","modified_gmt":"2018-07-09T10:50:08","slug":"box-ceo-aaron-levie-says-facebook-data-scandals-could-undermine-trust-in-silicon-valley","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/box-ceo-aaron-levie-says-facebook-data-scandals-could-undermine-trust-in-silicon-valley\/","title":{"rendered":"Box CEO Aaron Levie says Facebook data scandals could undermine trust in Silicon Valley"},"content":{"rendered":"<p><span class=\"field field-name-field-author field-type-node-reference field-label-hidden\"><br \/>\n      <span class=\"field-item even\"><a href=\"http:\/\/www.cloudpro.co.uk\/authors\/adam-shepherd-0\">Adam Shepherd<\/a><\/span><br \/>\n  <\/span><\/p>\n<div class=\"field field-name-field-published-date field-type-datetime field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\"><span class=\"date-display-single\">9 Jul, 2018<\/span><\/div>\n<\/p><\/div>\n<\/div>\n<p class=\"short-teaser\">\n<a href=\"http:\/\/www.cloudpro.co.uk\/\" title=\"\" class=\"combined-link\"><\/a><\/p>\n<div class=\"field field-name-body\">\n<p> Box CEO Aaron Levie has warned that the actions of Google and Facebook are a &#8220;contagion&#8221; which could result in major organisations losing trust in Silicon Valley as a whole.<\/p>\n<p>Speaking to <a href=\"https:\/\/www.recode.net\/2018\/7\/8\/17543218\/box-aaron-levie-tech-backlash-trust-facebook-google-contagion-regulation-kara-swisher-decode-podcast\" ><em>Recode<\/em><\/a>&#8216;s Kara Swisher, he said that Box &#8211; and, by extension, other enterprise-focused companies &#8211; could find themselves suffering if the actions of more well-known tech firms casts doubt over the motivations of Silicon Valley at large.<\/p>\n<p>&#8220;The worst-case scenario for us is that Silicon Valley gets so far behind on these issues that we just can&#8217;t be trusted as an industry. And then you start to have either companies from other countries,&#8221; he said, &#8220;or you have just completely different approaches and architectures to technology.&#8221;<\/p>\n<p><iframe src=\"https:\/\/art19.com\/shows\/recode-decode\/episodes\/f291a730-9ace-4fa8-866b-69cb9970e8d3\/embed?theme=dark-custom\" scrolling=\"no\"><\/iframe><\/p>\n<p>\nEven though enterprise-focused tech companies might think that they are separate from the current wave of data-harvesting and privacy scandals by virtue of the fact that they don&#8217;t handle public data in the same way, the blow-back it causes could potentially result in a loss of confidence throughout the market.<\/p>\n<p>&#8220;We rely on the Fortune 500 trusting Silicon Valley&#8217;s technology, to some extent, for our success,&#8221; Levie said. &#8220;When you see that these tools can be manipulated or they&#8217;re being used in more harmful ways, or regulators are stamping them down, then that impacts anybody, whether you&#8217;re consumer or enterprise.&#8221;<\/p>\n<p>As a company, Box itself isn&#8217;t worried by the looming threat of increased regulation &#8211; something that has been mooted as a potential way to curb the excesses of Facebook and Google. By virtue of the fact that many of Box&#8217;s customers are in heavily-regulated industries like banking and life sciences, the company is &#8220;almost by proxy regulated&#8221;, Levie says.<\/p>\n<p>The biggest barrier to regulating the largest tech companies, he argued, is that they&#8217;re so broad and diffuse that it&#8217;s difficult to apply single regulations to them. Instead, what&#8217;s more likely according to Levie is the application of separate pieces of legislation regarding individual issues, such as campaign financing, self-driving vehicles and AI use within healthcare.<\/p>\n<p>In order to successfully achieve this, he said, government and regulatory bodies should be staffed with &#8220;super-savvy&#8221; individuals who understand the industry and the tech which they will be dealing with.<\/p>\n<p>&#8220;We have an extremely strong vested interest in ensuring that Silicon Valley and DC are operating effectively,&#8221; he said. &#8220;We care that we get through this mess, and that Google resolves their issues, and Facebook resolves their issues, and so on.&#8221;<\/p>\n<p><em>Image credit: Stephen Brashear<\/em> <\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>      Adam Shepherd<\/p>\n<p>        9 Jul, 2018    <\/p>\n<p>       Box CEO Aaron Levie has warned that the actions of Google and Facebook are a &#8220;contagion&#8221; which could result in major organisations losing trust in Silicon Valley as a whole.<br \/>\nSpeaking to Recode&#8217;&#8230;<\/p>\n","protected":false},"author":410,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-35705","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/35705","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/410"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=35705"}],"version-history":[{"count":1,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/35705\/revisions"}],"predecessor-version":[{"id":35706,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/35705\/revisions\/35706"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=35705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=35705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=35705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}