TechEquity

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

The modern tech-driven economy isn't working for most of us. Why? Let's start by following the money. Check out our venture capital, explained blog to learn more: https://ow.ly/30jE50VjZWI

Gig workers in Kenya are outraged after one of their own—Ladi Anzaki Olubumni, a TikTok content moderator—was found dead in her apartment. Workers say that, like many gig workers, Ladi faced a toxic work culture and was repeatedly denied a ticket to her home country of Nigeria every year. https://lnkd.in/gPryCM8j

Content moderation isn’t your normal, everyday job. Despite the trauma they’re tasked with witnessing, content moderators are still working 9-5 like they have a normal job, with little to no mental health support, as content moderator Sonia explains.

"Technology itself is valueless, and the thing that gives it its potential to do harm or to create opportunity is the economic structure in which it’s created." That's one of the #HotTakes our Founder and CEO Catherine Bracy had when talking to POLITICO about overrated tech, "surprising" recent events, and her new book "World Eaters: How Venture Capital is Cannibalizing the Economy." Check out the full interview here: https://lnkd.in/gvvxQPBm

The modern tech-driven economy is not working for most of us—so what can we do about it? If we are going to solve the challenges that the tech industry has created, we need to address its problems at its root. 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/jb6Y50VjhIl

From the Great Resignation to Hot Labor Summer in 2023, workers across the US are speaking up against the current nature of work. Now, these concerns are only being amplified by the use of AI. Last week, our SVP of Labor Tim Newman went to SXSW to explore that very issue. This was his main takeaway: “It is a critical time to nurture partnerships and coalitions that can identify and build on opportunities to ensure that working people are shaping technology in our workplaces. I'm grateful to The Tech We Want, Omidyar Network, Siegel Family Endowment, Stanford d.school, and Black Innovation Alliance for creating the space to imagine a tech ecosystem that centers people.” Check out our website to learn about our labor program: https://lnkd.in/ghUAsihM Other panelists (left to right): Brian Merchant, Journalist and Author of "Blood in the Machine" Antonio Aguilera, Executive Director at Coworker Solidarity Fund Sharon Cho, ???, Senior VP at Edelman #LightHouse2025 #TheTechWeWant

I would say it’s a bad day to be a billionaire but, really, it’s just a slightly less lavish day to be one. https://lnkd.in/d63HDZHP

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) I would say it’s a bad day to be a billionaire but, really, it’s just a slightly less lavish day to be one. Bloomberg https://lnkd.in/d63HDZHP 2) Gig workers in Kenya are outraged after one of their own—Ladi Anzaki Olubumni, a TikTok content moderator—was found dead in her apartment. Workers say that, like many gig workers, Ladi faced a toxic work culture and was repeatedly denied a ticket to her home country of Nigeria every year. https://lnkd.in/gPryCM8j 3) A growing side hustle for college grads in the states: correcting AI’s mistakes—a key part of the AI supply chain. Forbes https://lnkd.in/gUwd6HaY 4) 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. WIRED https://lnkd.in/eQCDhUeE 5) Private equity has made housing more expensive; I have a few ideas as to why and how that’s happening. Fast Company https://lnkd.in/gRWf59Hh 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.