Housing in the US is increasingly unaffordable.
This year, households would need to spend 46.3 percent of their median annual income to buy a median-priced home. Learn more: trib.al/Q4kqJrN
ALT A chart shows that US home affordability is at a 15-year-low.
Many US workers found their wages didn't keep up with inflation in 2022.
Nominal hourly earnings (the literal amount you're paid) grew 5.1% on average in Nov. 2022 vs. Nov. 2021, but real wages (wages adjusted for inflation) declined 1.9%. Learn more: trib.al/bvLFIFK
ALT A chart shows that inflation has risen faster than wages. It shows that while nominal hourly earnings grew 5.1% on average in Nov. 2022 compared with Nov. 2021, real wages declined 1.9%.
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Wrapped up #CodeCon with conversations around sustainable cities and alternative energy while sampling 3D-printed whole cut meat alternatives and vertically grown strawberries
Thank you to all who attended, participated, and spoke at this year's event
In a lightning round at #CodeCon@caseynewton & @reckless ask alternative energy panelists, “How much of your time is spent inventing stuff, how much time is spent begging regulators to get out of the way?”
Governor @GavinNewsom tells @karaswisher and @PreetBharara that Tesla's success relied on the regulatory environment of California.
His message to Tesla: "Watch your back Tesla, or the world you invented is about to compete with you across the spectrum." #CodeCon
At #CodeCon@RobertIger elaborates to @karaswisher why he said of potentially acquiring Twitter, "the nastiness is extraordinary" and why he ultimately decided it wasn't the right fit.
"We need to be more deliberate. Not just to produce these jobs, but to produce them in towns that have faced de-industrialization, and to show them that we get it and that it is fine to root for America," @RoKhanna tells @karaswisher and @CaseyNewton at #CodeCon
Entrepreneur @johndoerr discusses his choice to invest in a school, telling @karaswisher and @CaseyNewton that, "Climate science will be the new computer science." #CodeCon
On the ownership of ideas & controlling her own fate, @IssaRae tells @samsanders & @karaswisher,"Right now I want to make good stuff. Yes I have my eye on the prize, but that’s a conversation I have with myself & my colleagues about what we want our future to look like." #CodeCon
Former White House press secretary @jrpsaki talks to @karaswisher about lazy journalism, publications' forced efforts to show "both sides of things," and her passion for bringing issues to light, informing, and empowering people with information. #CodeCon
Governor @GavinNewsom tells @karaswisher and @PreetBharara that, he's "not interested in the regressive and dark policies of the past" and that "Texas is a perfect proof point of what we are not."
Is this the tone of a future presidential candidate? #CodeCon
"Donald Trump is actually very simple...And he is obsessed with one thing. He's obsessed with himself,
so interacting with him is actually quite simple. Because you're not gonna get anywhere," documentary filmmaker @alexjholder tells @Olivianuzzi on his time with Trump. #CodeCon
. @PreetBharara asks if it's folly to try and persuade Trump voters. In response @murphymike says, "[The current perspective is] I'm right. You're evil. And at the other side is evil. You can do anything. There are no rules anymore." #CodeCon
Amazon CEO @ajassy tells @karaswisher on the #CodeCon stage re: unions, “At the end of the day our employees should decide. We believe that our employees are better off in the structure that they’re in right now.”
"We're on the cusp of a new era. I'm not interested in regressive and dark policies of the past. Texas is a perfect proof point of what we are not proudly," @GavinNewsom on the #CodeCon stage in discussion with @karaswisher and @PreetBharara
“It's not just about right and left. These guys are on the spectrum of authoritarianism, and that's not hyperbolic statement. I think it's actually a mild statement," @GavinNewsom to @karaswisher and @PreetBharara at #CodeCon
“Right now it’s the worst people that are telling the 'best' stories about America... the only thing good in the far right story about America is how darkly effective it is," @AnandWrites at #CodeCon discussing the ways the pro-democracy movement needs to improve
"Your job is to try and make peoples' lives better. Whatever you believe in...You’re also providing information to the public & peel the curtain back," @jrpsaki shares her perspective on the job of a Press Secretary from the #CodeCon stage with @karaswisher
"The thing about being in tech is that competition comes from no where," says @sundarpichai on the #CodeCon stage with @karaswisher
He goes on to state, "At the end of the day your success depends on your execution."
“What if instead of building the library of what exists, we were writing whole new books?... Could a computer help found the next biotech company?” @NoubarAfeyan encourages us to “ask ‘what if’ and see where it takes us." #CodeCon
"It's always a good time to defend democracy," states @SenAmyKlobuchar, referencing Liz Cheney's bravery and the courage of those who have stepped forward to identify those who participated in the Capitol riot. #CodeCon
America’s youngest workers are not afraid to publicly quit their jobs or put employers on blast.
@terrygtnguyen examines these virtual acts of employee resistance and asks if they’ll result in lasting systemic change. vox.com/the-highlight/229776…
The Future of Work issue of the Highlight looks at the workers Americans dubbed “essential” and then largely left behind in the work revolution.
Can we make work better for the nation’s crucial workforce?
vox.com/features/23013380/wo…
Based on the podcast from Recode by Vox, this documentary series explores the full and complicated history of Big Tech companies. Now streaming on CNN+.
We have a new @CNNplus series! Land of the Giants: Titans of Tech examines how Facebook, Apple, Amazon, Netflix, and Google changed the world. These companies altered the way we communicate, shop, and entertain ourselves. But at what cost?
Stream it here: plus.cnn.com/plus/title-2244…
Based on the podcast from Recode by Vox, this documentary series explores the full and complicated history of Big Tech companies. Now streaming on CNN+.
Did you ever buy something on social media that was... completely different when it arrived?
Tell us your strangest social media shopping experiences. Email us at 𝗿𝗲𝗰𝗼𝗱𝗲𝗱𝗮𝗶𝗹𝘆@𝗿𝗲𝗰𝗼𝗱𝗲.𝗻𝗲𝘁 by 𝟭𝟮/𝟭𝟯 for a chance to be featured on the Recode Daily podcast.
“If you leave grief unattended it will find you. And it’s better to sit through it than to put it away.” @chelseahandler to @Olivianuzzi at #CodeCon on healing from and addressing grief and trauma
When asked about being a white woman speaking out for the release of inmates incarcerated for cannabis offenses, @chelseahandler states, "All white people should be speaking up a little bit more about the injustices against people of color.” #CodeCon
On the stage now at #CodeCon: @Olivianuzzi sits down with @chelseahandler & immediately jumps in to her journey with therapy.
"If you are in the process of going to therapy it’s a commitment to yourself."
“No two days are the same. It’s really creative problem solving which I love, and it’s a fantastic team of people who want to make a difference in the world.” @TechTekedra to @reckless on her experience thus far at @WayMo
On our way to join conversations around mobility & transportation, we checked out the @helbizofficial booth at #CodeCon which features this lightweight collapsible helmet for a safer & streamlined scooter commute
. @TechTekedra, has had to approach decision making differently since joining WayMo. “There’s no playbook. No one has done it before… it requires a lot of humility & a lot of openness around learning,” stating it requires a mindset of “this is a learning journey." #CodeCon
"Has Marvel or Pixar been in any way diminished because it’s a part of the Disney+ architecture? The answer is no… the same thing is happening in HBO." @jasonkilar discussing HBO architecture with @SRuhle at #CodeCon
“Consumers are going to be empowered to make the choice that’s best for them. That was never the case in the last 40 years of television." WarnerMedia CEO @jasonkilar to @SRuhle at #CodeCon
"If you want your cities to be green & you want to slow down global warming, you have to want this technology." @kittyhawkcorp’s CEO @SebastianThrun at #CodeCon on the importance of electric vertical take-off and landing aircrafts (eVTOL)
When asked about reaching underserved communities, @meridak replies, "A great news organization makes sure that you cover all the news & have relationships... it’s important to have relationships in communities that go beyond you plopping in, writing your story & leaving.”
"Journalism is really good at interrogating everybody else," @meridak with @JamilSmith at #CodeCon on how journalism can do better.
He continues, "But we also could use that skill to interrogate ourselves. What could we do different? What could we do better?"
"We need to start scaling our great public universities at a fraction of the rate we celebrate scaling other companies and organizations," @profgalloway at #CodeCon