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Why it’s so damn hard to make AI fair and unbiased

By lucidcapitalism | April 19, 2022

(Vox) Let’s play a little game. Imagine that you’re a computer scientist. Your company wants you to design a search engine that will show users a bunch of pictures corresponding to their keywords — something akin to Google Images. On a technical level, that’s a piece of cake. You’re a great computer scientist, and this…

VCs Are Scaling Up Climate Software Investments

By lucidcapitalism | April 18, 2022

(Crunchbase News) Now, the sums going into climate software aren’t huge as a portion of venture capital investment overall. Rounds for the 27 companies on our list, for instance, account for less than a quarter of a percent of total venture funding. What stands out, however, is how quickly this smallish space has been scaling…

Why Diversity is Necessary To Make Venture Capital Future-Ready

By lucidcapitalism | April 13, 2022

(Crunchbase News) Reflecting on all the achievements of Black investors, I am encouraged by our progress. However, I also believe venture capital needs to set the example on how to continue this positive momentum and to evolve the approach toward increasing diversity in investment management. In the old model, VCs went to the same schools,…

Crypto Industry Helps Write, and Pass, Its Own Agenda in State Capitols

By lucidcapitalism | April 10, 2022

(The New York Times) The debate took less than four minutes. In the Florida House last month, legislators swiftly gave final approval to a bill that makes it easier to buy and sell cryptocurrency, eliminating a threat from a law intended to curb money laundering. One of the few pauses in the action came when…

We Have the Technology to Solve Climate Change. What We Need Is Political Will

By lucidcapitalism | April 7, 2022

(Time) Decades ago, the state of California tried to strike a major blow against climate change, and failed. The state passed an ambitious rule in 1990 mandating car companies slowly begin replacing their offerings with electric vehicles (EVs). But in 2002, the state backed off the policy. Part of the reason was political—car companies, aided…

The Biggest Crypto Effort to End Useless Carbon Offsets Is Backfiring

By lucidcapitalism | April 7, 2022

(Bloomberg) Users of a little-known crypto platform called Toucan now account for purchases of more than a quarter of all carbon credits by the world’s largest verifier of offsets. This newest crossover between crypto and the climate is having unexpected consequences that appear to be backfiring. Crypto enthusiasts aren’t usually among the top buyers of…

The little-known open-source community behind the government’s new environmental justice tool

By lucidcapitalism | April 6, 2022

(Grist) In February, the White House published a beta version of its new environmental justice screening tool, a pivotal step toward achieving the administration’s climate and equity goals. The interactive map analyzes every census tract in the U.S. using socioeconomic and environmental data, and designates some of those tracts as “disadvantaged” based on a complicated…

Pinterest is cracking down on climate misinformation. Which platforms are next?

By lucidcapitalism | April 6, 2022

(Protocol) Pinterest is taking a stand against climate change misinformation, as it did with COVID-19 vaccine myths. And while Pinterest isn’t really the first platform anyone thinks of when it comes to the spread of fake climate news, its stance could push other social media companies to be more aggressive. The platform announced Wednesday that…

UN climate report: Carbon removal is now “essential”

By lucidcapitalism | April 4, 2022

(MIT Technology Review) A bleak new report from the UN’s climate panel underscores the price the world is paying for the long delays in addressing global warming despite decades of warnings. Last year, worldwide energy-related carbon dioxide topped 36 billion tons, setting a new record as the global economy sprang back from the depths of…

VC is still a boys’ club. Here’s how to end it

By lucidcapitalism | April 4, 2022

(Sifted) Ambiguity about sexual attraction and tension is omnipresent in the world of startup founders and funders. This is an ecosystem based on relationships. It’s no wonder that the line between professional and personal is often blurred when those relationships are forged over drinks or in intense periods of close collaboration. It would be fair…