Return to office (RTO) rewards could cause further exclusion for marginalized and underrepresented groups, a new KPMG survey has found. Return to office rewards KPMG’s 2023 CEO Outlook report included more than 1,300 global CEOs sharing their views on geopolitics, RTO, and AI. The report found that the majority of CEOs (64%) are anticipating a full RTO in three years, with 9 in 10 (87%) saying they are likely to reward employees who make an effort to come into the office. The rewards would include favorable assignments, raises, or promotions.
Fei-Fei Li, the Stanford professor dubbed the “godmother of AI,” recently urged President Biden to aggressively fund more AI research and public projects. Unlike many of her industry peers, Li does not fear AI’s existential risks. Instead, she told Bloomberg it’s better to address the issues right here and right now before they escalate. The ‘godmother’ of AI Fei-Fei Li is a computer scientist, AI Researcher, professor at Stanford University, and Author of “The Worlds I See.” After moving from China to New Jersey at the age of 15, she
A new content series puts HBCU students in conversation with actor Lance Gross, The Lip Bar founder Melissa Butler, and Kimberly Bryant. The three-part series, The Futurist, results from a collaboration between One Solution, Urban One’s branded solution division, and AT&T Dream In Black. AT&T Dream In Black is a platform that recognizes and celebrates an esteemed class of 25 HBCU students making a difference in their community and campus. “The Futurist” The Futurist is a three-part series that pairs HBCU students in Science, Technology, Engineering and Mathematics (STEM) and
Minority-owned local businesses performed better and boosted business among white consumers when they revealed their race on digital platforms such as Yelp, a new study has found. The study was co-authored by Harvard Business School Professor Michael Luca, Abhay Aneja at the University of California-Berkeley, and Oren Resehf of Washington University in St. Louis. Yelp’s Black-owned business label They analyzed Yelp’s new “Black-owned business” label feature online. The label aims to support Black entrepreneurs by increasing the visibility of Black-owned businesses among consumers who rely on Yelp for information. The
Global Tech Advocates (GTA) Black Women in Tech has partnered with UN Women to release the world’s first interactive historical map illustrating Black women’s untold stories and impact worldwide. GTA Black Women GTA Black Women in Tech is a not-for-profit global organization based in London, UK. They are dedicated to building bridges of opportunities in tech by enabling Black women to excel and companies to have access to Black women of talent. They recently released The Voices in the Shadow, Volume 3 – a book showcasing the journeys of more
A survey by the Black Innovation Alliance reveals that Black entrepreneurs are creating more wealth through digital businesses, closing the gap usually faced. Black Innovation Alliance (BIA) reported that the survey findings breathe new life into their belief that the digital economy could serve as a leveler for the Black community. Black people receive approximately 1% of venture capital funding, although they comprise 13% of the US population. However, the findings show that emerging technologies will create new wealth and digital worlds for the Black community. Black Liberation and the
Clean energy company Husk Power Systems has raised $103 million in equity and debt to launch over 1,000 new solar minigrids, electrifying rural Sub-Saharan Africa and South Asia communities. Solar mini-grids Husk Power Systems Husk Power is the leading rural energy services company in weak-grid and off-grid communities in Africa and Asia. The company was founded in 2008 to provide reliable power to rural communities and businesses from renewable energy sources at affordable prices. The company does this through solar minigrids – a set of small-scale electricity generators and energy
Some of the most high-profile AI chatbots generate responses that perpetuate false or debunked medical information about Black people, a new study has found. While large language models (LLMs) are being integrated into healthcare systems, these models may advance harmful, inaccurate race-based medicine. Perpetuating debunked race myths A study by some Stanford School of Medicine doctors assessed whether four AI chatbots responded with race-based medicine or misconceptions around race. They looked at OpenAI’s ChatGPT, OpenAI’s GPT-4, Google’s Bard, and Anthropic’s Claude. All four models used debunked race-based information when asked
Microsoft and the Harlem Globetrotters have unveiled the Harlem CODEtrotters, a new platform to bridge the educational gap within Black and Brown communities. The web-based platform and coding curriculum fuses basketball-themed programming with cutting-edge technology to teach Black and Latinx teenagers key skills in a culturally relevant way. The Harlem Globetrotters Goodwill Ambassador Initiative Their aim includes advancing excellence in tech education while empowering Black and Brown youth communities. In August 2023, The Harlem Globetrotters launched its corporate social responsibility arm, the Harlem Globetrotters Goodwill Ambassador Initiative. The initiative aims
Black founders raised only 0.13% of all capital allocated to US startups in Q3 of this year, Crunchbase has reported. A decline in funding Only 0.13% of venture dollars allocated between July and September went to Black founders. This equates to about $39.7 million of the total $29.9 billion allocated, a massive year-over-year drop for Black founders. In Q3 2022, Black founders raised $1 billion out of around $81.7 billion in venture dollars, approximately 1.2%. TechCrunch also reported a massive quarter-over-quarter drop as in Q2 of 2023, Black founders raised
