• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

2

‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

3

'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic

1

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

2

‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

3

'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
Finance

Here’s What Happened When Reid Hoffman and Other Tech Bigwigs Went to the Vatican to Talk Morality

By
Eric J. Lyman
Eric J. Lyman
Down Arrow Button Icon
By
Eric J. Lyman
Eric J. Lyman
Down Arrow Button Icon
September 26, 2019, 12:36 PM ET
Add Fortune on Google for similar content.

Ask Internet entrepreneur and Silicon Valley venture capitalist Reid Hoffman how he decides which companies to invest in, and he’ll tell you he has a simple litmus test to determine whether to give the idea a closer look.

“I want to invest in companies that play to one or more of the seven deadly sins,” Hoffman said. For those a bit rusty, those sins would be: lust, gluttony, greed, sloth, wrath, envy and pride.

Hoffman, best known as co-founder of LinkedIn, says the business-professional networking-platform most embodies the deadly sin of greed. “In the end, LinkedIn is helping someone earn more money next year.”

Hoffman’s remarks came at The Common Good in the Digital Age conference, held in a Jesuit curia meeting venue on a narrow side street of Vatican City. The crowd was peppered with Catholic clergy, including a handful of bishops and at least one cardinal. Hoffman’s quips earned plenty of hearty laughs.

“This is a problem we have with the idea of being moral in a business designed to be profitable, and reach billions of people by indulging human nature,” Hoffman said.

Hoffman was joined by executives from Facebook, Western Digital, Mozilla, Accenture, plus top-flight academics and authors, and at least one Nobel Prize winner. Participants are promised an audience with Pope Francis before the three-day conference wraps up on Saturday.

The goal of the event, according to Cardinal Peter Turkson, who opened Thursday’s session, is to discuss ways to make the digital world more moral, and to be a bigger contributor to the common good in society.

“It is said that technology makes the world smaller,” said Turkson, one of the authors of the 2015 Papal Encylical on climate change and protecting the planet, Laudato Sí. “I would like it to be the case that it doesn’t just make us neighbors, but also brothers and sisters.”

Facebook’s moral dilemma

But the global nature of modern technology makes that an enormous challenge, noted Bishop Paul Tighe from the Pontifical Council for Culture, one of the event’s organizers.

“Our definition of ‘moral’ dates back to when we all lived in largely homogeneous societies with shared values and traditions,” Tighe said. “Now, the challenge is to come up with shared moral values in the largest and most diverse community possible.”

But all too often, a moral code is no match for the power of Internet time. Case in point: what happened this spring half a world away from Silicon Valley. The city of Christchurch, New Zealand was rocked by two consecutive terror shootings at two separate mosques. One of the shootings was streamed live on Facebook. The attacks killed 51 people.

Gavin Corn, director of cybersecurity for Facebook (Corn said he came to the Vatican conference in a personal capacity, not as a representative of Facebook), discussed Facebook’s response to the video, and how it came up short.

“The video streamed for 17 minutes,” he said. “We were informed by police after seven minutes. And ten minutes later it was gone, and the IP address was blocked. When we took it down, the video had been viewed fewer than 200 times.”

But that wasn’t the end of it: Corn said Facebook embarked on a desperate digital chase to remove the video completely from the platform. The clip had already been downloaded onto some profiles, for example, where it was also blocked. Over the span of hours, users created around 900 different versions of the video—they edited it, or added screenshots, or manipulated it in different ways, all to make it more difficult for the company’s algorithms to find it.

“Within the first 24 hours, we blocked 1.5 million versions of the video,” Corn said. “Of those, 1.2 million were blocked when the video was being uploaded.” But the video went viral anyway, he said. It was even hosted on news sites; it became unstoppable.”

“In this case, there wasn’t a moral question,” Corn said. “Everyone agreed the video shouldn’t be shown. But the moral course was extremely difficult to take because it was impossible to move quickly enough. You can’t just be moral today. You have to be moral and very, very fast.”

More must-read stories from Fortune:

—The cheapest mobile plans for your iPhone 11
—What is quantum supremacy, and why is it such a computing milestone?
—Beyoncé was sued for violating the Americans with Disabilities Act. And you could be, too
—Meet the women leading Netflix into the streaming wars
—Why Discord is one of tech’s hottest startupsCatch up with Data Sheet, Fortune’s daily digest on the business of tech.

About the Author
By Eric J. Lyman
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Finance

Knicks star Jalen Brunson
SuccessPersonal Finance
Despite a $156 million contract, Knicks star Jalen Brunson still calls his parents for financial advice any time he makes a big purchase
By Emma BurleighJuly 21, 2026
2 hours ago
Current price of gold as of July 21, 2026
Personal Financegold prices
Current price of gold as of July 21, 2026
By Danny BakstJuly 21, 2026
4 hours ago
va
North AmericaWhite House
HUD suspends disaster funding to U.S. Virgin Islands housing authority, saying mismanagement has kept $1.3 billion from hurricane survivors
By Danica Coto and The Associated PressJuly 21, 2026
4 hours ago
kalshi
CryptoKalshi
Kalshi’s ‘chronically online’ war room figured out World Cup virality — and realized AI might be bringing back the monoculture
By Nick LichtenbergJuly 21, 2026
4 hours ago
fuel
North AmericaWhite House
Trump’s $3.47 ‘Freedom Fuel’ gas network leans on an NFL kicking coach, a GOP fundraiser and a N.J. entrepreneur with a fuel theft rap sheet
By Brian Slodysko, Michael Biesecker, Josh Boak and The Associated PressJuly 21, 2026
5 hours ago
k
Commentarypower
What I keep hearing from Fortune 500 CEOs: ‘We have no idea what we’re actually paying for power’
By Kiran BhatrajuJuly 21, 2026
5 hours ago

Most Popular

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
Success
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
By Sasha RogelbergJuly 20, 2026
23 hours ago
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
Success
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
By Sydney LakeJuly 20, 2026
1 day ago
'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
AI
'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
By Jason MaJuly 18, 2026
3 days ago
Current price of silver as of Monday, July 20, 2026
Personal Finance
Current price of silver as of Monday, July 20, 2026
By Joseph HostetlerJuly 20, 2026
1 day ago
It’s not just Taco Bell lettuce and possible glass in Pillsbury rolls: Food and drink recall events reached a 6-year year-over-year high
Retail
It’s not just Taco Bell lettuce and possible glass in Pillsbury rolls: Food and drink recall events reached a 6-year year-over-year high
By Sasha RogelbergJuly 20, 2026
1 day ago
The Treasury is walking a tightrope on U.S. debt by relying so much on short-term rates that are at the mercy of a suddenly very hawkish Fed
Economy
The Treasury is walking a tightrope on U.S. debt by relying so much on short-term rates that are at the mercy of a suddenly very hawkish Fed
By Jason MaJuly 20, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.