impact

Robotic Assistance: The Diminishment of Human Job Fulfillment

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In the short term, many employers have complained of an inability to fill roles and retain workers, further accelerating robotic adoption. One aspect of the conversation that is oft neglected, however, is how human workers feel about their robotic colleagues. But could the technology also have a negative impact on worker morale? The institute reports a negative impact to worker-perceived meaningfulness and autonomy levels. As long as robots have a positive impact on a corporation’s bottom line, adoption will continue at a rapidly increasing clip.

“Closing the Gap: Trellis Climate’s Mission to Overcome the ‘Commercial Valley of Death’ for Climate Technology”

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Some call it the “commercial valley of death,” and it’s the point at which many climate tech startups struggle. Climate nonprofit Prime Coalition is hoping to bridge the valley with a new program, Trellis Climate. Trellis Climate follows the latter model with a focus on middle stages, where capital has grown scarce. “There are more and more philanthropists that are really interested in solving the climate problem,” Lara Pierpoint, director of Trellis Climate, told TechCrunch. “It is the most flexible and potentially risk-forward set of dollars that are out there.”For founders in climate tech, that sort of funding is likely welcome news.

Tesla Cuts Global Workforce by Over 10%

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Tesla is laying off thousands of employees as it tries to simultaneously cut costs and boost productivity, according to an internal email sent to staff by CEO Elon Musk, Electrek and Bloomberg News reported. The electric automaker is cutting “more than 10%” of its global headcount, Musk said in the email. Tesla finished 2023 with over 140,000 employees, meaning the cuts could impact more than 14,000 people. The company has warned investors that sales growth could be “notably lower” in 2024 than its stated goal of 50% growth each year. This will enable us to be lean, innovative and hungry for the next growth phase cycle,” Musk wrote.

“Breaking Barriers in AI: Emilia Gómez’s Musical Journey into the EU’s Influential Tech Sector”

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Gómez’s research is grounded in the computational music field, where she contributes to the understanding of the way humans describe music and the methods in which it’s modeled digitally. What I liked at the time from machine learning was its modelling capabilities and the shift from knowledge-driven to data-driven algorithm design — e.g. There’s also PHENICX, a large European Union (EU)-funded project I coordinated on the use of music; and AI to create enriched symphonic music experiences. What advice would you give to women seeking to enter the AI field? They should learn about the working principles and limitations of AI algorithms to be able to challenge them and use them in a responsible way.

Exploration for the Future: $50M Fund Aims to Support Overlooked Entrepreneurs

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In a move implying that the launch went well, JFFVentures today unveiled its second fund, JFFVentures Fund II, with a target of $50 million. So how is JFFVentures Fund II planning to avoid these pitfalls? Well, Raja says, while the fund is operationally independent from JFF, JFFVentures Fund II will benefit from the wider JFF community, including its connections with government, corporate, education and nonprofit partners. “We’ve committed in our fund docs that at least 50% of Fund II founders will identify as underrepresented in terms of founder backgrounds,” he said. Kerszenbaum pointed to JFFVentures’ inaugural fund performance as evidence Fund II can succeed, though.

“New Alliance of Major Tech Firms Addresses Concerns over AI Job Displacement”

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IBM has pledged to skill 2 million people in AI by 2030; Intel has said it’ll upskill over 30 million with AI in the same timeframe. Yet it’s not clear how many AI roles will be available then. According to a recent analysis by Lightcast, a labor market analytics firm, the demand for AI roles is decreasing, not increasing. “Consortium members commit to developing worker pathways particularly in job sectors that will increasingly integrate artificial intelligence technology,” the spokesperson said. Big Tech has big promises to keep, particularly where it concerns the future of work and the tech industry’s role in shaping it.

“Unveiling the Effect of AI on Founders: Women’s Breakfast at TechCrunch Early Stage 2024”

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But amid the buzz, one crucial question emerges: How is AI shaping the journey of founders? TechCrunch’s Early Stage conference is set to delve deep into this inquiry, and we’re thrilled to announce a special Women’s Breakfast event on April 25 in Boston. This exclusive gathering will focus on exploring the intricate ways in which AI is reshaping the entrepreneurial path for women in tech. TechCrunch Early Stage 2024 promises to be a landmark event, and the Women’s Breakfast is your gateway to unlocking the full potential of AI in your entrepreneurial journey. Is your company interested in sponsoring or exhibiting at TechCrunch Early Stage 2024?

“Autism Impact Fund Concludes Initial $60 Million Fund and Expands Focus”

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Autism Impact Fund (AIF) was a pioneer when it emerged in 2021, three years after the son of its co-founder and managing partner, Chris Male, was diagnosed with ASD. A joint effort of Male and others, its ambition was to become “the investment and innovation arm of the autism community,” Male told TechCrunch. Since then, startups in the neurodiversity space gathered momentum, and so did AIF, which recently closed its first fund at $60 million. AIF’s decision to broaden its scope has to do with autism itself, Male said. It’s also global, with healthtech Genial Care raising $10 million to help kids with autism and their families in Brazil.

Reimagining the Effect of Microsoft’s Unbundling of Teams on Slack

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As Microsoft unbundles Teams, it might not have the impact on Slack you thinkOne of the primary reasons that Slack joined forces with Salesforce in 2021 in a $28 billion deal was to give the communications company the clout to compete with Microsoft. For years, company co-founder Stewart Butterfield railed against Microsoft bundling Teams with Office 365, calling it anticompetitive and saying at one point that Microsoft was “unhealthily obsessed with killing Slack.”The company went so far as to file a complaint against Microsoft with the European Union in 2020. This morning, Microsoft announced it was finally unbundling Teams from Office 365 in the future, although current customers could continue to use the bundled license. The market has matured to the point that many larger firms have made their choice, and since swapping out solutions isn’t a trivial matter, unbundling Teams is unlikely to have an appreciable impact on market share. What’s more, rather than aiding Slack, he sees this as helping Microsoft to get Teams into more accounts where companies weren’t buying Office 365 licenses.

Exploring the Influence of Artificial Intelligence on Indian Society: The Work of Urvashi Aneja

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Aneja’s current research focuses on the societal impact of algorithmic decision-making systems in India, where she’s based, and platform governance. Aneja recently authored a study on the current uses of AI in India, reviewing use cases across sectors including policing and agriculture. At the same time, India had launched its Digital India mission and National Strategy for Artificial Intelligence. What are some issues AI users should be aware of? Investors need to consider the entire life cycle of AI production — not just the outputs or outcomes of AI applications.