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11-09-2023 Will Black Founders Be Silicon Valley Bank’s Redemption?

11-09-2023 Will Black Founders Be Silicon Valley Bank’s Redemption?

PLUS: Bank of England Admits AI Data Sets Hold Racial and Gender Biases

Lisa D. Sparks
November 09, 2023

Just months after Silicon Valley Bank’s much-publicized bailout, tech’s former financial firm of choice plans to re-build … by sponsoring events where Black tech founders congregate. Their most recent sponsorship? AfroTech.

Today’s Top 5 News Stories in Tech, Race, and Gender

1/ Will Black Founders Be Silicon Valley Bank’s Redemption?

TC+ Roundup: Many Black founders are rooting for SVB | TechCrunch

Before being known as the bank that collapsed, Silicon Valley Blank made a name for itself as a bank that helps support underrepresented founders.

techcrunch.com/2023/11/07/tc-roundup-many-black-founders-are-rooting-for-svb

2/ TikTok Ends $1B Creator Fund Program

TikTok’s $1 billion creator fund is shutting down

The change affects the US, UK, Germany, and France

www.theverge.com/2023/11/6/23949290/tiktok-creator-fund-discontinued-monetization-creativity-program

3/ Bank of England Admits AI Data Sets Hold Racial and Gender Biases

AI bias poses danger to the financial sector, Bank of England warns

A new report from a financial technology expert at the Bank of England says that inherent biases in AI systems makes it dangerous to entrust them with too much decision-making at present.

www.computerworld.com/article/3708748/ai-bias-poses-danger-to-the-financial-sector-bank-of-england-warns.html

4/ Don’t Text and Drive Efforts Earn Greater Car Surveillance Oversight

Court rules automakers can record and intercept owner text messages

A Seattle-based appellate judge ruled that the practice does not meet the threshold for an illegal privacy violation under state law, handing a big win to automakers Honda, Toyota, Volkswagen and General Motors.

therecord.media/class-action-lawsuit-cars-text-messages-privacy

5/ ️Copilot Brings Microsoft More AI Coding Clout

GitHub’s AI coding assistant, Copilot, is a moneymaker | Semafor

Despite the costly compute power needed to run it, CEO Thomas Dohmke said the product has positive margins as GitHub launches new products.

www.semafor.com/article/11/08/2023/githubs-ai-coding-assistant-copilot-is-a-moneymaker

What’s Happening in Tech

2023 - JCON WORLD

JCON WORLD ONLINE 2023 is the big international ONLINE Java community conference organized by the Java User Group Oberpfalz in cooperation with JAVAPRO Magazine. Java is our profession and JCON is our passion and a lot of fun. We love to provide Java developers with a spectacular 100 % live conference open to the entire Java-User-Group communities world wide.

November 21 - 23, 2023 Virtual

2023.world.jcon.one

Palate Cleanser

Novel brain implant helps paralyzed woman speak using a digital avatar - Berkeley Engineering

Berkeley engineers explain how advances in AI could help restore natural communication

engineering.berkeley.edu/news/2023/08/novel-brain-implant-helps-paralyzed-woman-speak-using-a-digital-avatar

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