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Black Tech Saturdays is an initiative amplifying Black representation in technology, originated from the vision of Detroit-based couple Johnnie and Alexa Turnage.  Inspired by the tech ecosystem in Baltimore and guided by the equitech framework, the Turnages expanded their mission to cultivate wealth and community for Black tech professionals.  This movement is not just about fostering professional connections; it embodies the pursuit of “Black joy” – the freedom to pursue dreams with creativity and impact. The Detroit-Baltimore Connection With a background in grassroots organizing and influenced by Dug Song, co-chair of

In 2023, the tech industry witnessed both advancements and persistent challenges concerning the experiences of Black and Brown individuals. Some companies are making strides in diversity and inclusion efforts, incorporating initiatives such as mentorship programs and targeted hiring practices. However, the sector has grappled with the complex intersection of artificial intelligence (AI) issues and ongoing legal battles against affirmative action.  Concerns regarding biased algorithms and AI systems perpetuating discrimination have prompted discussions about the ethical use of technology in hiring and workplace practices.  However, no matter how good or bad

Implementing artificial intelligence (AI) in the workplace could widen the racial wealth gap between Black and white households in the US by $43 billion, research has suggested. McKinsey & Co. stated that generative AI (gen AI) has initiated a seismic shift in work and value creation. When this happens, and a new technology appears, it can create or exacerbate divides, including the racial wealth gap. They explored how many gen AI may affect Black communities and Black workers. A Divide In Black And White Households The research found that new

Breakr, a Historically Black College and University (HBCU) alumni-founded music platform, has raised an additional $1.9 million. Breakr is reshaping influencer collaboration through its SaaS platform designed explicitly for record labels, artists, and brands. By enabling creator-to-creator relationships at scale, labels and brands can move at the speed of culture, and creators can get paid fairly for making it happen. The Three-Sided Marketplace Breakr’s unique selling point is that it effectively treats the basic concept of connecting creators to build influencer campaigns as a programmatic opportunity. The company recently came

The University of Washington’s recent study on Stable Diffusion, a popular AI image generator, reveals concerning biases in its algorithm.  The research, led by doctoral student Sourojit Ghosh and assistant professor Aylin Caliskan, was presented at the 2023 Conference on Empirical Methods in Natural Language Processing and published on the pre-print server arXiv. The Three Key Issues The report picked up on three key issues and concerns surrounding Stable Diffusion, including gender and racial stereotypes, geographic stereotyping, and the sexualization of women of color. Gender and Racial Stereotypes The AI

The nation’s leading science and education organizations have partnered to launch the Action Collaborative on Transforming Trajectories for Women of Color in Tech, paving the pathway in tech education and careers. The National Academies of Sciences, Engineering, and Medicine launched the action collaboratively alongside 35 other institutions representing higher education, national laboratories, and government. Action Collaborative The action collaborative is guided by the findings and recommendations from the 2022 consensus report Transforming Trajectories for Women of Color in Tech. Using an intersectional approach, the collaborative aims to transform the pathways in tech

Congresswoman Barbara Lee has written a letter to the US Department of Labor addressing the disproportionate layoffs of Black tech employees. African American Lee and several other Congressional Black Caucus (CBC) members wrote the letter to Julie Su, the acting secretary of the US Department of Labor. Black Tech Employee Layoffs According to the letter, since the beginning of 2023, more than 240,000 tech workers have experienced layoffs, which is a more than 50% increase from 2022. Lee found that minorities and women make up most of the year’s tech layoffs. “We write to express

Anguilla, an internally self-governing overseas territory of the UK, is making £3 million ($3.8M) per month from its .ai domain. Anguilla, the British territory in the Caribbean, has fewer than 20,000 people on the island. However, its code top-level domain (ccTLD) is wanted by many for AI startups. “I knew way back that .ai could end up being used for AI, that it could be valuable someday. But it was a question of when right?” Vincent Cate, president at DataHaven.Net Ltd, which handles sales of the .ai domain for the

Rite Aid will be banned from using AI-powered facial recognition technology for five years as it disproportionately impacts people of color. The US pharmacy chain deployed AI-based facial recognition technology from 2012 to 2020 to identify shoplifters. However, the Federal Trade Commission (FTC) filed a complaint against the company. Rite Aid’s Facial Recognition Tech According to the FTC, Rite Aid has used facial recognition technology in hundreds of its retail pharmacy locations to identify patrons previously deemed likely to engage in shoplifting or other criminal behavior. The technology captured images of all

SoftBank is selling its Open Opportunity Fund to its chairman and managing partner, Paul Judge, and Marcelo Claure, who is being appointed the fund’s vice chairman and general partner. The Open Opportunity Fund SoftBank Group is a Japanese multinational investment holding company focusing on investment management. It announced the launch of its second fund under the Opportunity Growth Fund this year, rebranded as the Open Opportunity Fund (OOF). Judge took the reins as chairman of the second fund. Claure, who initially launched OOF, previously served as SoftBank’s COO until 2022

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