(Human) agents of impact are shaping the algorithm for ‘good AI’
Slowly, then all at once. The adage sums up the feeling of late that artificial intelligence, under development for years, is suddenly on …
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TGIF, Agents of Impact! In today’s brief: 🗣 Impact stack. Data centers and large language models hog the AI spotlight, periodically ceding attention …
🎧 This Week in Impact. Host Brian Walsh takes up ImpactAlpha’s top stories with editor David Bank. Up this week: Highlights from this week’s Agents of Impact Call on Shaping the Algorithm for good AI; how regional housing finance agencies in California are leveraging public funding to crowd private capital into affordable housing; and the emergence of local guarantee facilities for local investors in infrastructure in Africa and Asia.
(Human) agents of impact are shaping the algorithm for 'good AI.' Slowly, then all at once. Artificial intelligence, under development for years, is suddenly upending every facet of life. That is putting new urgency behind efforts to ensure that AI models are designed in ways that preserve agency, benefit humanity, and contribute to the public good. “There's a very strong imperative from Big Tech to make us believe that the tech itself is the end,” said Katy Knight of the Siegel Family Endowment. “The reality is that we have the agency to choose what we adopt and what we don't adopt.” ImpactAlpha’s Agents of Impact Call brought together Knight, Chris Jurgens of Omidyar Network, Paul Fehlinger of Project Liberty Institute, and Mohamed Nanabhay of Mozilla Ventures to sketch an investment thesis around responsible and ethical AI, and kick off ImpactAlpha’s Shaping the Algorithm beat, in partnership with Siegel Family Endowment.
A fund for Canada’s Indigenous communities opens the tap of public finance. There have been many attempts to bring private and public finance together to fund social programs. Many have been unsuccessful (cf. “social impact bonds”). A first-time fund from Indigenous-led Raven Group in Canada has a fresh take on the "pay for success" model. Raven’s Indigenous Outcomes Fund this week reached a $32.2 million second close toward a $50 million goal to fund roughly a dozen green and community health-focused projects requested and designed by Canada’s First Nations and Native tribes in the US. Raven has three projects underway, with six more set to start this year. “Investors are asking us to scale larger than this fund,” Raven’s Jeff Cyr told ImpactAlpha. “If you want to have your money make systemic change, funds that will do that for you are really hard to find.”
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The deals, people and strategies optimizing AI for the public interest. In partnership with Siegel Family Endowment.
Slowly, then all at once. The adage sums up the feeling of late that artificial intelligence, under development for years, is suddenly on …
Deploying AI for good is nice, but not enough. Impact investors and others are mobilizing capital to build “good AI.” This month’s sudden …
Capital continues to pour into AI. But among LPs, GPs, and family offices with long-duration exposure, the terms of engagement are beginning to …
From Washington to New Delhi, Beijing to Pretoria, governments and investors are pouring billions into mines, refineries and “friend-shoring” alliances to diversify their …
Africa is at the center of a new geopolitical scramble for valuable mineral resources. The prize this time isn’t gold or diamonds. It’s …
Artificial intelligence is reshaping work by delivering speed, efficiency and instant insights across industries. However, the risks of AI misuse are uniquely high …
BeConfident, a Brazilian AI tutoring platform that serves more than 3 million students across Latin America, raised $16 million to expand operations into …
Is fintech actually improving lives or just expanding access to financial products? As Latin America’s fintech sector grows, this question is becoming harder …
Paris-based venture capital firm Daphni wants to turn breakthroughs from Europe’s scientific researchers into viable commercial companies. “In a world where technology is …
Inside the big business of impact investing.
Misperceived risks are among the biggest obstacles to the mobilization of private investment for much-needed infrastructure projects in emerging markets in Africa and …
Gary Community Ventures has been working its local wealth building strategy in Colorado for decades, backing innovative fund managers like Dearfield Fund, Kah …
Nuveen’s $13.5 billion acquisition of Schroders Plc. will create a $2.5 trillion asset manager — including a $414 billion private markets business. Both …
Houston-headquartered Ara partners invests in mid-sized companies decarbonizing the industrial economy, from steel and cement to chemicals and other hard-to-abate industrial sectors. Liberty …
The biggest are getting bigger. Apollo Global Management, TPG, KKR and other publicly traded asset management firms touted record fundraising hauls on their …
A push to mobilize local institutional capital in Africa could open much-needed financing channels for the kind of local businesses that power job …
With more than 15 million policyholders and $675 billion in assets, Nippon Life Insurance Company sits at the center of Japan’s economic life. …
Host Brian Walsh takes up ImpactAlpha’s top stories with editor David Bank. Up this week: How some LPs are going ‘beyond the check’ …
The All Aboard Coalition, launched last year, co-invests alongside its venture capital partners, matching their checks when at least three members join a deal …
Provocative opinions and insightful analysis from the community
The GSG Impact Partnership is a global network of 43 national partners representing 48 countries, more than half in emerging markets. These partners …
The future of energy isn’t playing out in Silicon Valley or Wall Street. The decisive battleground is in the fast-growing, so-called emerging economies. …
California’s housing affordability challenge is often described in superlatives. The state has housing costs among the nation’s highest, the largest number of people …
In affluent markets, technology has perfected the art of convenience. Customers send packages, access credit and order groceries at the click of a …
Capital continues to pour into AI. But among LPs, GPs, and family offices with long-duration exposure, the terms of engagement are beginning to …
From Washington to New Delhi, Beijing to Pretoria, governments and investors are pouring billions into mines, refineries and “friend-shoring” alliances to diversify their …
For years, global capital has treated Southeast Asia’s nature economy as a philanthropic concern rather than an investment destination. While the region holds …
Artificial intelligence is reshaping work by delivering speed, efficiency and instant insights across industries. However, the risks of AI misuse are uniquely high …
While we have witnessed an explosion in the number and variety of impact investing courses at American universities in the past decade, for …
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