Zuckerberg asks Harvard graduates to fight isolationism, nationalism

May 26, 2017

San Francisco, May 26: Facebook Inc. chief executive officer Mark Zuckerberg told Harvard graduates that they need to help others find purpose in a world where machines are taking away some of the steady jobs and communities aren"t as stable, leading to isolation and nationalism instead of people coming together globally to solve problems.

Zuckerberg

“When our parents graduated, purpose reliably came from your job, your church, your community,” Zuckerberg, 33, said in a commencement speech. “But today, technology and automation are eliminating many jobs. Membership in a lot of communities has been declining. Many people feel disconnected and depressed, and are trying to fill a void in their lives.”

The social network Zuckerberg started in his Harvard dorm room now has 1.94 billion users around the world, large enough for the CEO to feel pressure about its impact on society. Zuckerberg has spent this year travelling around the US to understand what people feel about Facebook and how they form connections with each other, after the country"s presidential election revealed deep divides.

Zuckerberg said that on his tour around the states, he met opioid addicts and others who had fallen on hard times with factory closings, who said they might not have suffered if they had something to do. Stress felt by many American communities will increase as tens of millions of jobs are replaced by automation, such as self-driving cars and trucks, Zuckerberg said. Without a sense of purpose, people will turn towards isolationism, nationalism and authoritarianism, instead of openness and global community, he said.

“There"s pressure to turn inwards,” Zuckerberg said. “This is the struggle of our time. This is not a battle of nations, it is a battle of ideas.”

Unless people work together globally, they can"t stop disease pandemics or climate change, he said.

“We have the potential to do so much more together,” Zuckerberg said. He spoke of the achievements of previous generations, such as the moon landing and inventing the polio vaccine. “Now it"s our generation"s turn to do great things. Ideas don"t come out fully formed, they only become clear as you work on them. You just need to get started.”

He suggested stopping climate change by putting people to work manufacturing solar panels, curing disease by getting people to volunteer their health and genome data, and modernizing democracy so people can vote online.

Zuckerberg said that it will cost money to help society, and that people who are rich like him should pay. Zuckerberg, the world"s fifth-richest person, and his wife, Priscilla Chan, have a philanthropic foundation and have pledged to give away virtually all of their considerable wealth in Facebook shares.

He called for affordable childcare and health care that doesn"t just come from an employer, and asked Harvard graduates to volunteer their time, not just their money, to people who don"t have the same opportunity.

The Facebook founder, who dropped out of the university in 2004 to work full-time on the social network, is the youngest person to deliver a commencement speech at Harvard and was given an honorary degree for the effort.

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Agencies
June 12,2020

Mumbai, Jun 12: Following an overwhelming response for the mega rights issue of Mukesh Ambani-owned Reliance Industries, the partly paid-up rights shares are set to debut on stock exchanges on June 15.

The biggest ever Rs 53,124 crore rights issue was subscribed 1.59 times and received bids worth Rs 84,000 crore on June 3.

Reliance said the rights issue saw a huge investor interest, including from lakhs of small investors and thousands of institutional investors, both Indian and foreign.

In 2019, Ambani said in the Reliance's annual general meeting that the company will be net zero debt by March 2021. The company is on course to achieve its target ahead of the deadline.

"In spite of the COVID-19 crisis and the lockdowns, the due-diligence by Saudi Aramco for the planned investment in the O2C business is on track as both the parties are committed and actively engaged," he said recently.

"With a strong visibility to these equity infusions, Reliance is set to achieve net zero debt status ahead of its own aggressive timeline. We believe rights issue was a part of the company's strategy of deleveraging its balance sheet," said Ambani. 

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Agencies
April 4,2020

Kozhikode, Apr 4: In a bid to maintain the lockdown amid COVID-19 outbreak, Police in Kozhikode is monitoring the situation using drone cameras and making sure that people are not breaking the law.

The police have so far arrested 41 persons who were out on a morning walk on Saturday during the lockdown in the backdrop of coronavirus outbreak.

The SHO of Town South Police Station informed that the accused were later released on bail.
At least 295 cases have been reported in the state so far.

Talking about COVID-19 testing, State Health Minister KK Shailaja told media: "Nine labs are conducting polymerase chain reaction (PCR) tests in Kerala. We've received 2000 rapid test kits and will start rapid tests from tomorrow. If a person tests positive in rapid test, we need to confirm it with PCR test."

The total number of COVID-19 positive cases in India climbed to 3072 on Saturday, according to Ministry of Health and Family Welfare.

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Agencies
April 17,2020

New Delhi, Apr 17: The Indian Railways turned 167 years old on Thursday and for the first time ever, its trains did not carry any passengers on its birthday and instead stood idle in the yards waiting for the nationwide lockdown to end.

On this day 167 years ago, the wheels of the first passenger train in the country from Mumbai to Thane started rolling.

In 1974, Indians experienced life without trains for the first time. In May 1974 during the strike of the railways that lasted for around three weeks, drivers, station masters, guards, track staff and many others went on 'chakka jam' demanding fixed working hours for train drivers and an across-the-board pay hike.

"I can recall those times vividly. I remember that our leader George Fernandes had almost secured a deal with the then railway minister, but it fell through when it was taken to the then Prime Minister Indira Gandhi," All India Railwaymens Federation General Secretary Shiv Gopal Mishra, who was an apprentice in the railways at that time, told PTI.

"Fernandes was arrested in Lucknow. The workers went through a lot at that time. But those were days that angry workers had refused to give in and took great risks to get their demands met," he said.

However, just like this time, four decades ago too freight trains carrying essential supplies were run and the unions agreed to let some passenger trains run on the trunk routes like the Kalka Mail from Howrah to Delhi.

"Never ever in its history, there has been such a long interruption of services. Not during the World Wars, not during the 1974 railway strike, or any other national calamity or natural disaster," a railway spokesperson said.

The first Indian Railways passenger train was flagged off on April 16, 1853, from Mumbai to nearby Thane.

On Thursday, the Railway Ministry wished the railways a happy birthday on Twitter - "Today, 167 years ago with the zeal of 'never to stop' the wheels of the first passenger train from Mumbai to Thane started rolling. For the first time, passenger services are stopped for your safety. Stay indoors & make the nation victorious," it said.

Railway has suspended all passenger services since March 25 till May 3 due to the coronavirus outbreak. Around 15,523 trains run by the railways have been affected including 9,000 passenger trains and 3,000 mail express services which are run daily. It caters to over 20 million passengers every day.

According to the Union health ministry, the death toll due to coronavirus rose to 414 and the number of cases to 12,380 in the country on Thursday.

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