The diversity panel at Collision. Stephen McCarthy/Collision Diversity and inclusion in tech is a huge topic, so it’s fitting that it inspired one of the largest panels at the Collision conference in New Orleans.Five founders, CEOs and venture capitalists of varying races and genders sat down with Fortune deputy digital editor Kristen Bellstrom to discuss what tech can do better.The answer, put simply, is a lot.Bellstrom started the conversation by asking the panel to rate the tech industry’s response to these issues thus far.Two gave a B-, one gave a D-, one slapped the industry with an F and one rated it I (incomplete).One reason for these low grades is the funding gap among startup founders.Only 10 percent of entrepreneurs and VCs are women, and just three percent of venture capital money goes to women.Some of the older women on the panel said they didn’t notice this disparity early in their careers, but it had become more pronounced lately.“When I was … [Read more...] about VCs Give Tech Industry an F on Diversity—Here’s How to Fix That
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Democracy Dies in Darkness Sections Home Try 1 month for $1 Username Sign In Account Profile Newsletters & Alerts Gift Subscriptions Contact Us Help Desk Subscribe Account Profile Newsletters & Alerts Gift Subscriptions Contact Us Help Desk Accessibility for screenreader Business by David J. Lynch May 21 at 12:13 PM Email the author A Formlabs employee post-processes his first 3-D print at the Formlabs office in Somerville, Mass. (Adam Glanzman for The Washington Post) SOMERVILLE, Mass. — Housed in a 19th-century meatpacking plant, Formlabs boasts all the accoutrements of American high-tech success: exposed brick walls and ductwork, a morale-boosting pool table and plenty of young employees hammering away at laptops. The maker of desktop 3-D printers, which can produce everything from dentures to Tesla car parts, is the kind of company that President Trump once said must be protected from … [Read more...] about Trump’s next round of trade limits could hurt the U.S. tech industry he wants to help
You'd have thought marijuana legalization would have made life easier for pot growers in areas like Northern California with decades of expertise.Instead, cannabis cultivators are grappling with industrialization issues as production that once was hidden in closets and deep forests becomes just another part of American agribusiness. Some growers will continue tending plants by hand and try to preserve natural traditions for a boutique marijuana market. But for the mainstream, the future lies with technologies like genetic testing, robotic harvesting, crop data analysis and even yeast-based manufacturing, said experts at the New West Summit marijuana conference in Oakland."Boutique is always going to have a place, but it's not the fast track to get cannabinoids to the mass market. To get to that we have to do more industrialization," said Michael Key, chief executive officer of Impello Biosciences, which sells biological products to help marijuana growers. "A lot of the market now is … [Read more...] about Marijuana growers wrestle with cannabis’ high-tech, industrial future
TECHNOLOGY, we are repeatedly told, will shape every part of our futures. On a personal level it is expected to influence everything we do, from owning cars to ordering milk, while at a national level it is anticipated that it will drive our future prosperity. Indeed, a 2017 report from Skills Development Scotland and the Scottish Government’s Digital Technologies Skills Group found that technology is the country’s fastest-growing sector, accounting for five per cent of its business base and supporting a workforce of 60,000. Loading article content Yet with a study from PwC finding that only five per cent of leadership positions in the sector are held by women while just 27 per cent of female students would consider a career in tech (for men the proportion is 61 per cent) it is also a decidedly masculine one. For Neil Logan, chief executive of digital technology business Incremental Group, which celebrated its second birthday on Christmas Eve, this makes no sense, … [Read more...] about Saturday interview: Incremental steps will solve ‘tech industry’s shame’
Tech industry groups and consumer watchdogs are at odds over whether the European Commission should overhaul the bloc’s legislation on product liability to cover robots and artificial intelligence. Industry associations were relieved when the Commission announced on Monday (7 May) that it will hold off on changing EU rules that could hand manufacturers more legal responsibility if a robot is defective. The EU executive confirmed in a new report that it will publish a document by mid-2019 explaining how the current legislation could apply to emerging technologies that are not controlled by humans. “If necessary,” that update might include changes to some definitions in the liability directive, including the concepts of ‘defect’, ‘damage’, ‘product’ and ‘producer’, according to the report. “Technology changes fast, so we will continue to monitor the situation and are ready to act if the need arises,” EU … [Read more...] about Tech industry and consumer watchdogs at odds over robot liability
The eight-year bromance between Barack Obama -- who appointed the first chief technology officer for the US -- and Silicon Valley is over. Now what? That's the question the tech industry has been asking since a real estate mogul turned reality TV star, with a spotty reputation on technology, was voted in as 45th president of the United States. President Obama, a self proclaimed geek and Trekkie, was the most tech-focused president in modern history, committing billions of dollars to support initiatives to spur innovation, improve education and encourage exploration and discovery. On the eve of Inauguration Day, it's still unclear where Trump stands on most tech-related issues. He said very little during the campaign about the tech industry, though he did call for a boycott of Apple products over the company's stance on privacy in its fight with the FBI. Initially, it looked as though Silicon Valley was less than thrilled about the next four years. In July, 150 tech leaders, … [Read more...] about What does a Trump presidency mean for tech?