Current:Home > MyEx-Yahoo CEO Marissa Mayer discusses the current tech scene from vantage point of her AI startup -WealthFlow Academy
Ex-Yahoo CEO Marissa Mayer discusses the current tech scene from vantage point of her AI startup
View
Date:2025-04-23 05:58:13
Marissa Mayer has long been an inspiration for innovative women battling to break through the gender barriers in a male-dominated technology industry.
After graduating from Stanford University, Mayer joined Google in 1999 when the internet search giant was still a startup and then went on to design breakthrough products such as Gmail. She left Google in 2012 to become CEO of Yahoo in an unsuccessful effort to turn around the fading internet pioneer. But Mayer still managed to triple Yahoo’s stock price and create more than $30 billion in shareholder wealth before selling company’s online operations to Verizon Communications in 2017.
Mayer, 48, now runs an artificial intelligence startup called Sunshine with Enrique Muñoz Torres — a former colleague at Google and Yahoo — from a Palo Alto, California, office that served as Facebook’s first headquarters in Silicon Valley. She recently sat down for an interview with The Associated Press.
Q: Sunshine is using AI to manage contacts on a mobile app. Isn’t that a relatively simple task for a sophisticated technology?
A: Our thesis for the company is there are just a lot of mundane tasks that just get in the way. It’s true for a lot of things: contacts, calendaring, scheduling, all those different components take a lot of friction. We think by applying AI – not even necessarily in cutting edge ways — you can both solve valuable problems and you can give people back time. You can also build their confidence in AI.
Q: So how does the Sunshine app work and since it’s free, how are you going to make money?
A: After you install it on your iPhone or your Android phone, we look at your contacts. Then you can hook it up to your email and we go through to see if we can recognize the signature blocks and who you correspond with many times back and forth. If it looks like you are actually engaging in conversations, we will add that person to your contacts. If you like the way we are handling your contacts, for a monthly fee of $4.99, we can go to places like LinkedIn and add things that you may not have added yourself.
Q: What kinds of things do you worry about with the advent of AI?
A: It is a very powerful technology and whenever you have a powerful technology things can go wrong. The powers are amazing, but they also introduce a whole new level of safety concern. My fears are somewhat different than some of the people who are worried about AI overlords and things like that. Mine is just we are starting to get close to technologies that approximate human intelligence.
When you have got a machine that is almost as intelligent as humans, the odds that humans end up getting fooled that it’s real — that it isn’t a machine — just gets higher. When you have people who can’t tell what’s real anymore and what’s authentic because the machine intelligence is now approximating the human intelligence, that is really the biggest risk.
Q: How do you think the tech industry is doing in terms of hiring and promoting women in leadership roles?
A: There have been steps forward and steps back. I think the representation of women in leadership at the VP (vice president) and director level is getting better across companies. So, it feels like things are improving. Probably not as fast as I would like, but there have been steps in the right direction.
Q: Not long after you became Yahoo CEO, you ordered a lot of employees who were working from home to start coming into the office regularly. Has the pandemic reshaped your thinking about the work in office/at home dynamic?
A: I wasn’t trying to make a broad statement about work from home policies back then. I was just being blatantly honest. The company was in trouble and had been in trouble for a long time. It was a turnaround. Somewhere on the order of 1% of (Yahoo) employees had official work from home status, but when I got there 10% of the employees were informally working from home whenever they felt like it. And they didn’t have a great setup and their productivity showed it.
I think it is really hard to join an organization that is fully remote because that notion of culture gets lost — things like how to grow management, leadership, vision, the ability to align people around a product and plan around what you are trying to build.
Q: Do you still follow what is going on with Yahoo?
A: I do follow Yahoo. The old saying there is you bleed purple (the color of the company’s old logo) once you have worked there, and I really do. I am really proud of the people who are still there and I am really proud of the people who have left and gone on to do great things across the industry. I still feel very connected to them.
—-
This interview has been lightly edited for clarity.
veryGood! (4)
Related
- Don't let hackers fool you with a 'scam
- Jets begin Aaron Rodgers’ 21-day practice window in next step in recovery from torn Achilles tendon
- Proof Travis Kelce's Mom Donna Kelce Is Saying Yes Instead of No to Taylor Swift
- Rosalynn Carter Practiced What She Preached
- This was the average Social Security benefit in 2004, and here's what it is now
- 3 dead, 1 injured after Ohio auto shop explosion; cause is under investigation
- Don’t have Spotify Wrapped? Here's how to get your Apple Music Replay for 2023
- Stock market today: Asian shares mostly higher ahead of US price update, OPEC+ meeting
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Angel Reese will return for LSU vs. Virginia Tech on Thursday
Ranking
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Wyoming coal mine is shedding jobs ahead of the power plant’s coal-to-gas conversion
- A friendship forged over 7 weeks of captivity lives on as freed women are reunited
- Sewage spill closes 2-mile stretch of coastline at Southern California’s Laguna Beach
- What do we know about the mysterious drones reported flying over New Jersey?
- South Korean farmers rally near presidential office to protest proposed anti-dog meat legislation
- National Christmas Tree toppled by strong winds near White House
- Agency urges EBT cardholders to change PINs after skimming devices were found statewide
Recommendation
New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
Settlement reached in lawsuit over chemical spill into West Virginia creek
In Venezuela, harmful oil spills are mounting as the country ramps up production
Buffett’s Berkshire Hathaway says Haslams offered bribes to inflate Pilot truck stops earnings
Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
Finland closes last crossing point with Russia, sealing off entire border as tensions rise
College football playoff rankings: Georgia keeps No. 1 spot, while top five gets shuffled
Iconic Christmas tree at Rockefeller Center to be illuminated