Meet the Visionary Venture Capitalist Inspired by Marx and Keynes

William Janeway is no ordinary businessman.  In his view, waste can be good, efficiency is the enemy of innovation, and government investment builds the platform on which venture capitalists and entrepreneurs can “dance.”  A Cambridge-educated economist whose career as a venture capital investor has spanned four decades, Janeway has been called a “theorist-practitioner” by the great Hyman Minsky. As an investor, he built and led the Warburg Pincus Technology Investment team that provided financial backing to some of the companies that sparked the Internet economy.  

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Imagine you've forgotten once again the difference between a gorilla and a chimpanzee, so you do a quick Google image search of “gorilla." But instead of finding images of adorable animals, photos of a Black couple pop up.

Is this just a glitch in the algorithm? Or, is Google an ad company, not an information company, that's replicating the discrimination of the world it operates in? How can this discrimination be addressed and who is accountable for it?

“These platforms are encoded with racism," says UCLA professor and best-selling author of Algorithms of Oppression, Dr. Safiya Noble. “The logic is racist and sexist because it would allow for these kinds of false, misleading, kinds of results to come to the fore…There are unfortunately thousands of examples now of harm that comes from algorithmic discrimination."

On At Liberty this week, Dr. Noble joined us to discuss what she calls “algorithmic oppression," and what needs to be done to end this kind of bias and dismantle systemic racism in software, predictive analytics, search platforms, surveillance systems, and other technologies.

What you can do:
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