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- Google Gives Black Employees Pay Bumps Then Cuts Their Equity: POCIT
Google Gives Black Employees Pay Bumps Then Cuts Their Equity: POCIT
PLUS: Two surveys conflict on Black and Hispanic adults' optimism around AI.
Lisa D. Sparks
September 20, 2023
News at the Intersection of Tech, Race, and Gender
Today’s DINT should take just 3 minutes to absorb. Today’s theme is AI outlooks and promises.
Today’s Top 5
You’ve won your salary negotiation at your Big Tech firm. Don’t celebrate just yet. Keep an eye on your equity instead. Here’s why: Current Google workers tell People of Color in Tech that perceived gains in salary actually aren’t moves forward at all:
They recounted that they decided to negotiate pay when they received an offer to join the company.
“I was given a bump up at that stage. However, I soon realized that while they had bumped up my salary, they had actually reduced my equity,” Ryan shared. “This meant there was no move in anything.”
🤨 2/ 55% of Black and Hispanic Adults Say the Pros of AI Outweigh the Cons: Study
Black (55%) and Hispanic (56%) adults in the U.S. believe the benefits of AI outweigh the risks according to MITRE-Harris survey results released yesterday. This runs counter to a recent survey by the Pew Research Center which shows the majority of U.S. adults are more concerned than excited about AI’s influence / impact on daily life.
On Monday a federal judge rejected the state of California’s law aimed at protecting the information of children online. On Tuesday, UK lawmakers passed a bill that gives an online privacy watchdog committee oversight on data safety, especially for children.
During yesterday’s developer conference, Intel CEO Pat Gelsinger claimed the firm is vital to the growth of AI. In support of this claim, he pointed to leveraging PCs to run AI-related functions. Currently Nvidia holds a considerable portion of the AI chip market and Intel today treads water in the overall semiconductor world but especially the AI chip market.
In December the U.S. Federal Bureau of Investigation (FBI) charged Mikhail Matveev with computer intrusion (hacking), intentional damage to a protected computer, and making ransomware demands. Matveev remains outside of FBI custody while living in Russia. He is spending his time selling T-shirts with images of his wanted poster on them.
📆 What’s Coming Up This Week
HeForShe Summit “Disrupting Bias in Artificial Intelligence”
September 21, 2023, 10 a.m. EST
🐕️ Palate Cleanser
A dog that looked like this one barked at me from the cab of his owner’s pickup truck. He was also wagging his tail, which let me know it was his way of saying, “Hi!”
Female Weimaranar named Maya Lou, Pacific Princess
Source: Bruce, CC BY 2.0, via Wikimedia Commons
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