Announcing a New Look for Techstars Startup Programs

Two years ago, Techstars and UP Global joined forces to allow us to successfully build a global network of entrepreneurs. Since then, we’ve made an effort to ensure Techstars Startup Programs are integrated into the larger Techstars network to provide the most value to our community. One part of this integration is ensuring the same visual family across all the Techstars and Startup Programs brands.

Today we’re excited to announce a new, refreshed brand that helps Startup Weekend, Startup Week and Startup Digest feel part of the Techstars family.

What does a new brand mean for you as a Community Leader?

  • Being part of the broader Techstars brand will deliver increased global recognition which will allow you as Community Leaders to further leverage the Techstars global network.
  • In regions where Startup Weekend has a stronger presence than Techstars the consistent brand will allow us to more easily support ecosystem development with new accelerators and other programs, through the Startup Weekend brand equity. This will enable you as CLs to further strengthen the growth of your startup community.
  • A more consistent feel across all Startup Weekend and Startup Week events will allow you to showcase your connection to the global network of events and build increased brand equity across attendees to support growth.
  • More design support with brand packs created for key verticals to showcase a more professional, exciting and consistent look and feel.
  • The new way to customize logos really allows organizers to match the design to the personality of the community/event.
  • New Startup Weekend Facilitator deck built with your feedback in mind showcasing a cleaner design, increased readability and more engaging content.

We wanted to take you through the evolution of our brands, Startup Weekend, Startup Week and Startup Digest, so we created a short video that highlights how we came to what we’ve delivered today.

We felt it was important the new brand represent the community in the most authentic way. Part of that process was ensuring the design firm we worked with understood what Startup Programs brands mean. This is one reason we chose 23 Design to execute the rebrand. As community leaders themselves, and having previously designed several Startup Weekend custom event logos, they knew the importance of keeping the brand true to the community.

The updated brand is just the start of our process to ensure we’re delivering increased value to our community. Things you can expect from the Startup Programs team coming soon:

  • new & improved resources
  • brand new facilitator training
  • new community sites
  • more ways to connect with other CL’s globally
  • ….and much more!

All assets and the way we use our refreshed Techstars Startup Programs brand now live on spbrand.techstars.com

For any questions or comments, please contact your regional manager or brand@techstars.com, let’s make sure we continue growing our brand together!








Announcing Jennifer Cabala as New Head of Startup Programs

I couldn’t be more excited to announce my new role as the VP of Startup Programs leading both Startup Weekend and Startup Week on behalf of Techstars.

My love of Startup Programs goes back to my first Startup Weekend in Seattle in 2010. I signed up at the last minute not knowing what to expect. Like so many attendees, I was quickly caught up in the magic of the event. Being around like-minded people who just wanted to build things was so powerful. We stayed up half the night building a niche social network (it was 2010 after all). We “won” the pitch competition, but the real rewards were the lifelong friends I made, and the passion and excitement I discovered for what was possible through startup programs.

My winning team at Startup Weekend Seattle 2010 – I’m in the middle

I was lucky enough to join Startup Weekend as the second employee leading marketing and business development. During my time there, Startup Weekend grew from 75 events to 350 a year – an amazing time of growth that also brought us into many new countries and communities that had no programs to help entrepreneurs. As an organizer and facilitator, I heard hundreds of amazing stories of people who were changing their lives and their communities for the better through the power of a weekend.

In 2012, I joined Techstars co-running the Microsoft Accelerator programs and two years later moved to lead program operations for Techstars globally. I created many of the systems currently in place to help us scale, including writing the first playbook on running a Techstars accelerator.

As Techstars accelerator programs expanded internationally I moved to Berlin and have loved spending time meeting entrepreneurial leaders in other communities, and from other cultures.

What I love most about startup programs is our potential to make a difference. We have always worked to be inclusive which means anyone can come to a startup program and find a welcoming community of people who are working towards something better through entrepreneurship. I have seen first-hand how our startup programs truly change the trajectory of people’s lives and I’m eager to find new ways to strengthen and support that.

My vision for the future of startup programs includes growing the worldwide network of community leaders, making it easier to connect to each other and all of the Techstars family, and continuing to make our programs accessible to all. This community is made up of powerful doers, makers and change agents and from the most mature startup communities to those in the earliest stages, I want to widen access, break down barriers, and connect entrepreneurs across the world.

I truly believe that Techstars Startup Programs provide the very best inspirational and educational resources founders need to support them along their Entrepreneur’s Journey and I’m excited to work closely with John Beadle (Startup Weekend), Matt Helt (Startup Week), Jessica Ford (Startup Digest), regional directors and managers to strengthen our global impact.

Techstars is committed to continuing to invest and grow startup programs around the world. I am excited to step up to lead those efforts to grow the programs that I love – and changed my life.








Entrepreneurship and Mental Health

This post originally appeared on blog.startupdigest.com.

The following is a guest post by ChopDawg.com, an award-winning app development company that has worked with over 180+ startups and companies from all around the globe, helping them bring their web apps, mobile apps, wearable apps and software ideas to life.

Follow ChopDawg.com on Twitter at @ChopDawgStudios.


Entrepreneurship is inherently lonely.

When you embark on this journey, it’s important to note just what you’re getting into. I’m not just talking about the struggles and achievements that you’re going to be embarking on, but the personal investment you’re about to make.

In this particular instance, with your mental health.

You see, the reason that I am writing this particular blog post is because some of the most talented, successful and driven entrepreneurs I have ever met are, most often, the most depressed.

They lack the feeling of fulfillment. They feel isolated. They’re stuck in a mental corner, so to speak.

From an outsider’s perspective, that might seem a bit crazy. How can someone who has created their own destiny, been accomplished and driven success, feel this way?

It’s not as unimaginable as you might think.

For most of you who become an entrepreneur, you quickly realize, you can’t share this journey with most. Yes, you may have loved ones, friends, even a significant other to confide in about your struggles, successes, journey, but do they truly understand it from your perspective? After all, you’re the one going through the grind.

For some, you have a founding team, a partner to work with, which can help release some of the pressure, but for most, it’s truly just you.

Yes, you can have employees too, but for a long part of your internal battles, you don’t want to share such things with them as you would with perhaps a founding team. You’re the one on top. This is your battle to overcome.

On top of that, think about the mindset you need to have as an entrepreneur. You can’t become complacent. You can’t lose your hunger. You can’t lose your drive to succeed.

Understanding that, think about how draining it can become if you never truly celebrate your accomplishments, or always take the next accomplishment as the minimum you now need in order to grow.

Now that we have painted a clearer picture, it is easy to see how many of the most successful entrepreneurs deep down can feel alone.

How can you overcome this?

How can you maintain feeling fulfilled, happy, and driven?

The biggest thing, it is about being self-aware and understanding all of these factors listed above (and the much more that are personalized to each given situation).

We all battle these hurdles. It’s part understanding your DNA, your ego, your outside factors to why you are doing what you are doing. When you understand better why you have such feelings and what stems from them, you can better understand how to deal with them.

Another thing that I have found many successful entrepreneurs do to overcome such mental fatigue — and yes, something that even I do myself — is seek professional help via therapists.

This isn’t the 1950s anymore, the negative stigma to therapy shouldn’t exist. In fact, it can become an asset to have someone from a professional perspective to hear your thoughts, feedback, emotions and give you recommendations and thoughts back.

We go to the gym to keep our bodies healthy and strong. We eat healthy to keep our minds sharp and our bodies going. Approach going to therapy to keep your mindsets aligned in the right direction for the long term and to remain 100% focused.

Above all, with everything stated above, focus your mental being on positivity. Look into options such as the Five Minute Journal (which I highly recommend) and meditation. Things that are proven to allow you to focus on positive energy, positive results. Yes, they all take work and consistency. However, you’re an entrepreneur. You already know how to work hard. No reason to make any excuses.

Why is this an important conversation to have and bring up here?

First, we as entrepreneurs, need to always be on our A-Game. We have clients and customers that depend on us, employees that depend on us, families that depend on us, and expenses we need to always be covering. This can drag you down and put you into an emotional rut if you let it. You need to be aware of this and leverage it as a strength, not a weakness.

Second, we need to be open about these personal obstacles because the struggles of growing a company aren’t your only struggle. We have the struggle of being a human too. With being open about such things, we can better figure out solutions, talk to ourselves, work together to overcome these emotional ruts.

Your mental health is important. It’s as important as your physical health, your diet and the success of your company. None are mutually exclusive. Be self-aware about what makes you tick, what stresses you out, what puts you into a positive, fulfilled mindset. Spend time asking yourself the tough questions and exercising your brain. The more often you do, the more consistently that you do, the better, more successful, you will be.

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Abandoned Apps, Startup Visas & More Reading List Highlights

This post originally appeared on blog.startupdigest.com.

5 hand-picked articles from across the Startup Digest Reading Lists. Sign up to receive great weekly content on various topics from expert curators.

 

1. Live-streaming in China

By Khaled “Tito” Hamze – TechCrunch

Digest: China Tech

Curators: Xu Tao, Edith Yeung

Live-streaming apps like Huajiao and Inke are very popular in China. But making money live-streaming your daily life to viewers? Why are so many people watching and why are they paying? Read More

More from this reading list: http://eepurl.com/cd7zCr

 

2. Apple is going to remove abandoned apps from the App Store

By Romain Dillet – TechCrunch

Digest: Mobile

Curator: Edith Yeung

Apple will start reviewing old apps on September 7. Apps that crash on launch will be removed immediately. Other apps will get a notice from Apple first. And if you don’t update over the next 30 days, your app will be removed — you’ll be able to submit your app again though. Read More

More from this reading list: http://eepurl.com/cd7kij

 

3. A Startup Visa – The International Entrepreneurs Rule – Form I-941

By Brad Feld – FeldThoughts

Digest: Angel Investor

Curator: Berg Moe

On Friday, the USCIS proposed The International Entrepreneurs Rule. While this is a proposal subject to a public comment period, I expect it will go into effect in about 45 days. We finally will have a startup visa! Read More

More from this reading list: http://eepurl.com/cd6Pof

 

4. Uber Debuts Amazon Prime-Style Ride Service To Lock In Users

By Brian Solomon – Forbes

Digest: Product

Curators: Sophie-Charlotte Moatti, Reza Ladchartabi

Uber’s new plan to encourage customer loyalty borrows a bit from Amazon’s ultra-successful Prime subscription: have riders pay up front for a month of extremely cheap rides. Read More

More from this reading list: http://eepurl.com/cd5KQ5

 

5. Egyptian Mummy’s Face Recreated with 3D Printing

By Richa Malhotra – livescience.com

Digest: 3D Printing

Curator: Dilanka

An Egyptian mummy’s head and face have been reconstructed with forensic science and 3D printing, offering scientists a tantalizing glimpse of the individual’s life and death. Interesting. Read More

More from this reading list: http://eepurl.com/cd3F3f

 

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$1 Billion Series A, Depression in the Startup World & More Reading List Highlights

This post originally appeared on blog.startupdigest.com.

5 hand-picked articles from across the Startup Digest Reading Lists. Sign up to receive great weekly content on various topics from expert curators.

 

1. WM Motor, an unheard-of car startup, raised $1 billion

By C. Custer – Tech in Asia

Digest: Energy & Clean Tech

Curator: Tiffany Wang

WM Motor is a Chinese carmaker founded by Freeman Shen. Shen is known for his work at Volvo and at Chinese carmaker Geely.

If you work in the arena of EVs, you shall not be unfamiliar with the ambitious moves Chinese investors and manufacturers are making. Though you might have doubts about inflated valuations and lack of know-how, the policy moves these days in China, some clearly protectionist, will likely drive domestic hardware and software players to prosperity.

If policy-related topics interest you, email/tweet me so I can provide a deeper dive. Read More

More from this reading list: http://eepurl.com/cbGqYX

 

2. Self-Driving Cars Will Improve Our Cities. If They Don’t Ruin Them.

By Robin Chase – Backchannel

Digest: Artificial Intelligence

Curator: Bjorn Larsen

Ex-Zipcar CEO Robin Chase explains that an autonomous car future isn’t inherently positive, that its benefits (or detriments) will depend on choices citizens and the industry can and should start making now. Read More

More from this reading list: http://eepurl.com/cbuE8H

 

3. How This Woman Went From Homelessness to Running a Multimillion-Dollar Venture Fund

By Salvador Rodriguez – Inc.

Digest: Angel Investor

Curator: Berg Moe

A year ago, Arlan Hamilton was bouncing from couch to couch chasing a dream. Now, she’s leading a $5 million venture fund focused on finding the most promising female, minority, and LGBT entrepreneurs. Read More

More from this reading list: http://eepurl.com/cbt4T9

 

4. Depression in the startup world: A former Seattle CEO speaks out

By RACHEL BELLE – My Northwest

Digest: Startup Communities

Curators: Julian Miller, Brad Feld, Shane Reiser

Depression is an ugly truth that comes with startups. Often optimistic expectations paired with the inevitable reality that the overwhelming majority of upstarts will fail creates a pretty straightforward predicament. Yet this is where community becomes ever more important. Read More

More from this reading list: http://eepurl.com/cbtOzQ

 

5. Password Hacking Forces Big Tech Companies to Act

By Robert McMillan – Wall Street Journal

Digest: FinTech

Curators: Karolina Noronha, Camron Miraftab, Thilmin Gee

Twitter, Facebook and others react to stolen credentials, in some cases risking the loss of users by making them reset their passwords. Read More

More from this reading list: http://eepurl.com/cbq8z9

 

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Brew Hard Cider in Your Kitchen, Get Fast Business Loans & More Reading List Highlights

This post originally appeared on blog.startupdigest.com.

5 hand-picked articles from across the Startup Digest Reading Lists. Sign up to receive great weekly content on various topics from expert curators.

 

1. Google Cuts Its Giant Electricity Bill With DeepMind-Powered AI

By Jack Clark – Bloomberg

Digest: Artificial Intelligence

Curator: Bjorn Larsen

Google is now using Deep Learning to cut their power usage efficiency – already improved by 15%. Read More

More from this reading list: http://eepurl.com/b_Mp1D

 

2. This New Invention Can Automatically Brew Hard Cider and Wine in your Kitchen

By Leanna Garfield – Tech Insider

Digest: BevTech

Curator: Vincent PÉTRÉ

New hardware solution called Alchema aims to make hard cider brewing at home easy. The device is connected to an app, and all you need to do is fill it with fruit, yeast, sugar, water, and wait about a week, co-founder Oscar Chang tells Tech Insider. Read More

More from this reading list: http://eepurl.com/b_KOUn

 

3. Why 20 Top Entrepreneurs from South Africa Traveled to Seattle this Week

By Taylor Soper – Geek Wire

Digest: Startup Communities

Curators: Julian Miller, Brad Feld, Shane Reiser

Collaboration and experiencing different perspectives are core to the En-novate program. These entrepreneurs are not only building up connections back to their communities, they are exchanging wisdom. Read More

More from this reading list: http://eepurl.com/b_K8xv

 

4. What Are The Best Ways To Think Of Ideas For A Startup?

By Dan Lewis – Forbes.com

Digest: Young Entrepreneurship

Curator: Chas Pulido

Having trouble thinking of a new business idea? Forbes comes to the rescue with with some great tips by Dan Lewis! Read More

More from this reading list: http://eepurl.com/b_KSLj

 

5. Best Places to Get Fast Business Loans

By Priyanka Prakash – Fit Small Business

Digest: Small Business

Curators: Marc Prosser, Michael Heiligenstein

After reviewing several lenders that provide fast business loans, Kabbage was the best and fastest overall. They have a paperless application, can get you funds on the same day, and have a high approval rate.

In this article, we review Kabbage along with two other leading fast business lenders: Funding Circle and SmartBiz. While each of these three lenders are fast, they differ in terms of cost, qualification criteria and other factors. We explain in detail below and break down the options for you based on how much time you have to obtain funding. Read More

More from this reading list: http://eepurl.com/b_JIsr

 

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Reading List Highlights: RNC, Crowdfunding Videos, Email Delivery vs. Deliverability

This post originally appeared on blog.startupdigest.com.

5 hand-picked articles from across the Startup Digest Reading Lists. Sign up to receive great weekly content on various topics from expert curators.

 

1. Here are the highlights from the final night of the Republican National Convention

By Colin Lecher – The Verge

Digest: Angel Investor

Curator: Berg Moe

Silicon Valley billionaire Peter Thiel said on stage at the Republican National Convention tonight that he is “proud to be gay, proud to be a Republican, but most of all, proud to be an American.” He was the first openly gay speaker at the RNC to speak about his sexuality. Read More

More from this reading list: http://eepurl.com/b-YuMH

 

2. Virtual Reality Gave Me My Brain Back

By Mark Cuban – Blog Maverick

Digest: Virtual & Augmented Reality

Curators: Kelly Vicars, Martin Ahe

Entrepreneur, investor, and Dallas Mavericks owner Mark Cuban shares his remarkable story of recovery, thanks in part to a Samsung Gear VR. Read More

More from this reading list: http://eepurl.com/b-X53r

 

3. 6 Tips to Create a Top-Notch Crowdfunding Video

By Kendall Almerico – Entrepreneur.com

Digest: Crowdfunding

Curators: Charlene Tessier, Michael Ryan Norton

One major key to crowdfunding success is by creating a good video that sells your campaign to potential donors. In fact, including a video will up your chances of success to 50 percent, according to Kickstarter. Read More

More from this reading list: http://eepurl.com/b-XnGX

 

4. These students are fixing school Chromebooks – and getting paid

By Brianna Calix – eSchool News

Digest: Education

Curators: Aurelio Jimenez Romero, Vicky Guo, Deborah Chang

In a true win-win fashion, high school students receive both a technical education and a part-time job, while districts get affordable hardware repairs. Read More

More from this reading list: http://eepurl.com/b-WicT

 

5. Email Delivery vs. Deliverability: What’s the Difference?

By Kayla Lewkowicz – HubSpot

Digest: Small Business

Curators: Marc Prosser, Michael Heiligenstein

We spend hours planning out every detail of each campaign, crafting the perfect copy and agonizing over fonts, colors, and spacing. We talk through our personas, target audiences, and messaging. We build emails from scratch or lovingly modify templates so that we’re putting our best foot forward with our email marketing campaigns.

Making it into the inbox is one of the more ambiguous, misunderstood elements of sending great email. Marketers often mix up a key distinction: delivery vs. deliverability. Though the terms are often used interchangeably, they have very different meanings. Read More

More from this reading list: http://eepurl.com/b-V2m5

 

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Meet Our Curator of the Week: Brittany Nunley

This post originally appeared on blog.startupdigest.com.

Name: Brittany Nunley

Digest: Phoenix

Curator Since: January 2016

Title: Content Strategist and Community Manager at Coplex

Twitter Handle: @sharingeverybit

In addition to staying active in the #yesPHX startup community, Brittany Nunley manages the social media, gets punny with words as a UX Writer and helps hold the team together at Coplex. She is also a chef, food stylist and photographer of SharingEveryBite.com, a plant-based {gluten-free & vegan} food blog.

To receive the Phoenix Startup Digest, subscribe here.

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Reading List Highlights: Officer-Involved Shootings, Pokémon Go, Tampon Monitor

This post originally appeared on blog.startupdigest.com.

5 hand-picked articles from across the Startup Digest Reading Lists. Sign up to receive great weekly content on various topics from expert curators.

 

1. Police use robot to kill for first time; AI experts say it’s no big deal but worry about future

By Hope Reese – TechRepublic

Digest: Artificial Intelligence

Curator: Bjorn Larsen

The bomb robot police used to kill the Dallas Gunman last week was not acting on its own, but future ones will likely have more autonomy. And it’s definitely not too early to start debating the ethics of that. Read More

More from this reading list: http://eepurl.com/b92F9f

 

2. T-Mobile Gives Customers Free Pokémon Go Data

By T.C. Sottek – The Verge

Digest: Mobile

Curator: Edith Yeung

Very smart marketing move for T-mobile going after the Millennials. Read More

More from this reading list: http://eepurl.com/b92vz5

 

3. Hackaday Prize Entry: The World’s First Tampon Monitor

By Brian Benchoff – Hackaday

Digest: Wearables

Curators: Aashay Mody, Ashish Aggarwal

Students at UC Berkeley recently developed my.Flow, a small wearable that clips onto a user’s undergarment and connects to a tampon by an elongated tail to measure the level of saturation and help avoid leakage, anxiety and Toxic Shock Syndrome. Read More

More from this reading list: http://eepurl.com/b90dyj

 

4. Food.Ink: World’s first 3D Printing Restaurant

By Food.ink – foodink.io

Digest: 3D Printing

Curator: Dilanka

Unsure how well this works, but: Food Ink is a pop-up gourmet restaurant that uses 3D Printing in their dining experience. It’s still an interesting idea. Read More

More from this reading list: http://eepurl.com/b9T1-L

 

5. Can virtual reality training for US police help stop officer-involved shootings?

By Ava Kofman – The Guardian

Digest: Virtual & Augmented Reality

Curator: Kelly Vicars, Martin Ahe

As methods used to train officers in making lethal force decisions have come under increased scrutiny from activists and legislators, police departments have started to consider alternative approaches to training officers, including virtual reality. Read More

More from this reading list: http://eepurl.com/b90M1n

 

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Reflections on the Playfair AI Summit; Resolution Foundation Robotics Conference

This post originally appeared on blog.startupdigest.com.

The following is a guest post by Philip Alexander, CEO of Mentorial and curator of the Startup Digest HR & Employee Experience Reading List. This post originally appeared on Medium.

Sign up for Philip’s Reading List here and follow him on Twitter @philipdalex.


Reflections on the Playfair London AI Summit (July 1st) and Resolution Foundation Robotics Conference (July 4th).

There is No Inherent Trade-off Between Advancing AI and Privacy

There have been, and continue to be, a number of legitimate privacy concerns raised about AI. One example is the Netflix Prize from 2010. They asked researchers to build the best algorithm to predict which films users will like based on a training data set of over 100M show ratings from ~500K users. One group of researchers realized that if they cross-referenced this data with reviews on IMDB, they were able to identify who the specific users were.

Significant progress has been made since then, and applications from BBC iPlayer to smart meters in homes have created ways of using AI to make recommendations on your preferences without the software sharing your information. Privacy is, and should continue to be, something those in the AI field take seriously, particularly as it is applied to more and more areas of our lives.

 

Humans and AI Can Be Friends

On one level, AI research is taking inspiration from Biology and Neuroscience to help determine the next wave of breakthrough — from understanding how the brain learns to cortical networks.

In parallel, there is also progress in how humans and AI work together to solve real world problems, like Zooniverse. This is a platform for humans to help solve huge problems, often helping to feed AI models in the background, e.g. improving satellite imagery in natural disasters or translating old works of literature.

This speaks to the development of human:machine offering, a glance in to the future, with AI starting to remove more functional tasks from humans in the short term.

 

AI Has Applications You May Not Expect

It is cliché to state that the costs of creating and taking a new drug to market is incredibly high, but this is wonderfully illuminated when you consider that if you liquidated Alphabet (market cap $490BN) you would fund 40 new drugs with a runway of 18 months!

Using AI, Stratified Medical is scouring drug research data to identify where drugs may be able to be used to treat different conditions. This level of data analysis would never be possible without the assistance of AI.

 

The World is Adapting to AI

Barcodes and QR codes are not all designed for humans, but rather for machines. The impact of AI and robotics at present depends on the envelope it is allowed.

As companies and researchers are developing new forms of robot/AI human interaction, we are faced with major design challenges, both for the devices themselves and for the bounds in which they operate.

This leads to some really serious policy decisions having to be made quickly, as the consensus remains that technology is moving faster than legislation can keep up. In some specific areas, government has taken action, e.g. autonomous vehicles, but this is certainly not the case in every field we are seeing AI progress.

Potentially worse than no legislation is ineffective or poorly made legislation. As this paper by Goodman and Flaxman notes, the EU regulations on algorithmic decision-making and a “right to explanation” present serious challenges for a lot of AI companies. This would give EU citizens the right to have every algorithmic decision made about them explained. For companies which run black box algorithms for their AI, this could pose real challenges.

 

Partially-formed Thoughts:

Is AI different to the wheel?

The example typically cited by economists is that we have experienced technological advances before and labour has readjusted. Before the wheel, there were people employed to fulfill the more arduous tasks manually, who then found alternative employment as new technologies were introduced. As every new technology comes in, there is a movement in jobs, with re-skilling taking place.

Traditional economic theory goes as follows:

Company makes good X → invests in new technology → lowers cost of production → lowers cost to consumer → consumer has more disposable income → consumers buy the same amount of good X → consumers now have leftover money they spend on something else, call it good Y → as they buy more of good Y there are more staff required to make it.

Three points on this:

1. If the impact is geographically constrained, then it can have a devastating effect, e.g. factory closures, call centres, etc.

2. AI is limited to one purpose. AI applications that can be applied to many more areas than a wheel and can also improve itself. There may be a substitution effect taking place between different AI, rather than AI and humans.

3. New jobs aren’t being created at the same rate. A study by Frey found that the percent of people employed in new jobs was just 0.5%. This means we have to see people moving in to traditional jobs — which may not be going away in the short-term e.g. care giving, social work. The question is then, how do we reward these jobs more appropriately?

In references to job destruction, I think there is a nuance around jobs vs. tasks or roles being automated. If you look at certain tasks around scheduling, data summarization and research, there are definite applications of AI which will certainly remove tasks people have to do. With this extra time, they could focus on more creative and value-adding activities.


Thanks to Playfair Capital and Nathan Benaich for putting on the AI Summit and the Resolution Foundation for putting on such great events.

I’d love to get people’s thoughts on this, so please comment.

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