Tessera

Georgia isn’t scared of her future. She’s excited by all the ways she and others could use AI to create businesses, drive ingenuity, and solve some of the world’s biggest problems. But to achieve that positive vision, she also believes there needs to be regulation. www.youtube.com/watch?v=HeHb...

Georgia is excited about AI—but only if there are regulations

YouTube video by TechEquity

youtube.com

Anthropic CEO Dario Amodei speculated that AI would eliminate half of entry-level white-collar jobs in 1-5 years. Yet, recent research suggests that “the broader labor market has not experienced a discernible disruption since ChatGPT’s release.” So what’s really going on?

Large companies are decreasing your wages, increasing their prices, and squeezing out small businesses. How are they getting away with it? Because CA hasn’t updated its antitrust law to crack down on anti-competitive behavior when it’s done by one company—a provision that 45 other states have.

Parents, creatives, business owners, healthcare professionals, and consumers have a right to know how the AI products they use each day are made. California's AI Training Data Transparency Act is a landmark "ingredient label" for AI. But xAI is suing to overturn it.

TechEquity @techequity.bsky.social · 5d ago

CBS Los Angeles dives into the issue of surveillance pricing and the fight to regulate it in California. https://ow.ly/ZjLC50ZvR8b

California lawmakers looking to ban surveillance pricing, but critics say it's not that easy

Nicole Comstock takes a look at the current push by California legislators to ban surveillance pricing, which is when companies use a person's data to determine how much they charge someone.

ow.ly

It's Friday! Which means 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 @catherinebracy.com:

TechEquity @techequity.bsky.social · 5d ago

A recent YouTube video explores how companies are using your data to secretly set your prices. It features a great blog at minute 4:35 👀 https://ow.ly/jXws50Zv73j

Is AI coming for your job? Researchers aren’t as certain as news headlines suggest. Some of the most expansive, rigorous research we read found it's unclear whether, when, or how AI will displace jobs, but these papers are less likely to be cited in the news. So what’s really going on?

What’s the role of libraries in the age of AI? With people increasingly using AI to get their information, Rowan thinks that libraries are more critical than ever. www.youtube.com/watch?v=j7wa...

What’s the role of libraries in the age of AI?

YouTube video by TechEquity

youtube.com

In a casino, the house always wins. Surveillance pricing is just a digital version of the same game—your data is the deck, and it's stacked against you. Sometimes you’ll get 5% off a shirt; other times you’ll be charged 10% more than the person next to you. Why?

Laws are only as good as their implementation. So we’re excited that CalPrivacy recently launched an audit of gig platforms to ensure they’re complying with state consumer and worker privacy laws. https://ow.ly/Z2xk50ZuK9v

California’s Privacy Agency Audits Delivery, Ride-Share Apps

California’s privacy agency has launched its first-ever audit, looking into delivery and transportation apps’ compliance with state law.

news.bloomberglaw.com

The fear and uncertainty that many workers feel about the future of their careers and livelihoods in an AI world is real. Some have faced layoffs or know someone who has. Many have seen confident headlines touting mass job losses and white-collar bloodbaths. So where is that certainty coming from?

No one knows better than the California Law Review Commission (CLRC) how laws shape our economy. They know how we could bring down prices, raise wages, and support small businesses. They developed this knowledge through a multi-year study of loopholes in California’s economic competition laws.

Tara’s friends and family are increasingly outsourcing their critical thinking to ChatGPT. She’s not anti-AI, but she wants it used to augment work rather than completely take over people’s lives. www.youtube.com/watch?v=aNul...

Tara isn't anti-AI but she's worried about her friends and family

YouTube video by TechEquity

youtube.com

Is AI actually more biased in hiring decisions? Recent research claims that large language models can even spontaneously develop new biases. https://ow.ly/FfBm50ZunFH

AI Tends to Develop New Stereotypes to Base Hiring Decisions On, Study Says

LLMs are more likely to develop biases than humans, a new study claims.

ow.ly

Across the country, 70% of Americans believe AI will lead to fewer job opportunities. That number has jumped from 56% about a year ago. This isn’t panic. It's a rational response to a moment that genuinely doesn't have clear answers yet.

Did you know that some companies are adjusting the price of goods based on their perceived willingness to pay? Some retailers are installing facial recognition and other biometric technologies, as well as electric shelf labels that can instantly change prices.

A group of Italian unions reached a first-of-its-kind agreement with Amazon to solidify workers' rights, including provisions on surveillance technology. www.reuters.com/legal/litiga...

Italian unions agree workers' rights deal with Amazon

Italian unions have signed ‌an agreement with Amazon.com covering leave, employee rights and video surveillance, the unions and the U.S. e-commerce giant said on Wednesday.

reuters.com

Large companies are using their size to decrease your wages, increase their prices, and squeeze out small businesses. How are they getting away with it? ⬇️