Innovations in electricity and personal computers unleashed investment booms of as much as 2% of U.S. GDP as the technologies were adopted into the broader economy. Now, investment in artificial intelligence is ramping up quickly and could eventually have an even bigger impact on GDP, according to Goldman Sachs Economics Research. | www.goldmansachs.com
In late July, The Chronicle of Philanthropy published a story about Benefits Data Trust (BDT) titled “Why $20 Million From MacKenzie Scott Couldn’t Save This A.I. Nonprofit”. In reflecting on this article, Christine Chen, Senior Consultant with La Piana Consulting, critiques the narrative that simplifies the downfall of BDT to mismanagement of funds, suggesting a more complex interplay of venture capitalism within a traditional nonprofit model and culture. Christine hypothesizes that co...| La Piana