TechEquity

It's Friday, so it's time for the #TopFive things you need to read this week to understand tech’s impact on our economy with TechEquity Founder and CEO Catherine Bracy: 1) Governor Newsom is sending out “burner phones” to California tech executives. What could this mean for already-endangered tech regulation bills? POLITICO https://lnkd.in/gQJb9w2J 2) TikTok content moderators in Turkey are suing the company for alleged union-busting. Unfortunately, this isn’t a surprise, as other content moderators globally are reporting similar issues. The Bureau of Investigative Journalism https://lnkd.in/gFvNSz4h 3) Federal workers are flocking to Reddit to share information and find community amidst the onslaught of layoffs. The New York Times https://lnkd.in/gaKMRd6H 4) The Trump administration is shuttering a billion-dollar program to preserve affordable housing. Newsweek https://lnkd.in/emMD7sAF 5) Here’s a deep dive into how rent-pricing tools have impacted the housing market in Florida. https://lnkd.in/giUJBrFF That's it for this week. Leave your #TopFive in the comments, and follow us for more news about tech's impact on the economy.

Private equity has made housing more expensive. And our founder and CEO Catherine Bracy has a few ideas as to why and how that’s happening. https://lnkd.in/gRWf59Hh Fast Company Patrick Sisson

In venture capital, there’s no pause button. Companies either scale up or die out. Why would venture capitalists take this approach, even though most companies die out because of it? It’s because they’re operating under the power law: firms only need a small number of successful investments to generate the vast majority of returns. But when some companies are set on fire to keep venture capitalists warm, we lose out on solutions to some of our greatest problems. Learn more: https://ow.ly/HN7N50VlWRV

Democrats are demanding explanations around the Department of Government Efficiency’s (DOGE) plans to install AI software on federal agency computers amid mass government layoffs. https://lnkd.in/eQCDhUeE

In the FIRST EPISODE of Jacob W.’s Rip Current podcast, he interviews our very own Catherine Bracy about her new book “World Eaters: How Venture Capital is Cannibalizing the Economy.” Check it out: https://lnkd.in/gCbD2M-D

AI is not all that artificial. Its outputs are only as good as its inputs—data generated and collected by humans. Data workers might be tasked with generating voice data, allowing companies to expand their databases of local languages, dialects, and idioms. Sometimes they even contribute personal data only to be gilted when it comes to their pay. And this is just one small part of the AI supply chain. Learn more: https://ow.ly/om8Y50VkRou

Market size is key to venture capital, and there is no larger (and consequential) opportunity than the $45 trillion American residential real estate market But what happens when the move-fast-break-things model that tech VC is well-known for meets decades of housing discrimination? Saying that it’s not good is an understatement. That’s why TechEquity Founder and CEO Catherine Bracy spent the past three years researching venture capital and writing “World Eaters: How Venture Capital is Canabilizing the Economy.” These are our top takeaways from the book: https://ow.ly/oaps50VkR5W

A growing side hustle for college grads in the states: correcting AI’s mistakes—a key part of the AI supply chain. https://lnkd.in/gUwd6HaY

The New Deal built the American middle class as we know it today. It created a bargain between employers and workers that, in exchange for workers powering the growth of industry, employers would be liable for ensuring workers’ rights, like an 8-hour workday. But that bargain has been upended—in part, because of venture capital. That’s why TechEquity Founder and CEO Catherine Bracy spent the past three years researching venture capital and writing “World Eaters: How Venture Capital is Canabilizing the Economy.” These are our top takeaways from the book: https://ow.ly/RfQK50Vk090

We know that AI systems tend to discriminate against already-vulnerable communities, in healthcare, the criminal legal system, and more. Now, when you apply for housing, it could very well be that some black-box AI is deciding whether or not you’re worthy of getting a home. Learn more: https://lnkd.in/gJUfRM_9