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Highlighting bias in artificial intelligence (AI) is essential, but equally important is educating people on ways to prevent it. In 2019, Salesforce established its Trusted AI Principles to address the ethical implications of predictive AI and machine learning. By 2023, with the rapid evolution of generative AI, Salesforce deepened its commitment to responsible AI by participating in the AFROTECH™ Conference, where it discussed strategies for prioritizing ethical and inclusive practices in generative AI. During the session, “ Closing The AI Trust Gap: Battling Bias | Presented by Salesforce,” Jackie Chambers de Freitas, Vice President of Agile Delivery and Coaching at Salesforce, shared how Salesforce’s focus on AI began in 2014, when CEO Marc Benioff declared that the company would become an AI-first company. Watch the session here via AFROTECH™ Labs. View this post on Instagram A post shared by AFROTECH (@afro.tech) “The goal was to transform Salesforce into an intelligent...
The world’s richest man is back at it again with another lawsuit. Elon Musk has been sued for $258 billion for his alleged involvement in defrauding investors during a Dogecoin pyramid scheme. Fortune reports that the tech mogul has been sued by American citizen Keith Johnson “who was defrauded out of money by defendants’ Dogecoin Crypto Pyramid Scheme.” The defendants include Musk and his Tesla company as well as his SpaceX corporation. Johnson will represent not only himself but a group of investors who suffered similar losses due to Dogecoin trading that stems back to 2019.
On Nov. 11, 2021, Meek Mill took to his Instagram story to manifest that he would follow in fellow rapper Money Man’s footsteps — and he sparked a larger conversation. “Ima get my next record deal paid in bitcoin [ sic ] behind @moneyman,” he previously wrote in his story, per Vibe. Then in February 2022, Meek once again took to social media to ask for advice about crypto investing — and the “Dreams and Nightmares” rapper got some sage advice from Money Man himself, who tempered the excitement of the buy with the reality of the risk. View this post on Instagram A post shared by 2Cool2Blog (@2cool2bl0g) “You were suppose to stabilize your crypto a month or 2 ago before the 50 percent dip and buy back in close to the bottom,” wrote Money Man on Twitter. “Always take profits in crypto on some of these coins because trust me the big dawgs are taking there’s. Being greedy and thinking everything will moon. Can get you REKT.” Indeed, Money Man’s sage advice belies the volatile nature of...
It’s one thing to be immersed in the world of cryptocurrency and Web3 platforms, but to be self-taught and successful in the industry is worth a round (or two) of applause. During the latest episode of AfroTech’s Black Tech Green Money (BTGM), host Will Lucas is joined by the self-taught crypto trader and Web3 enthusiast, Ashley Caines to discuss just how decentralized autonomous organizations (DAOs) work, governance structures, and token rewards along with what is to be expected at the highly anticipated AfroTech Executive conference in Miami this year. View this post on Instagram A post shared by AfroTech (@afro.tech) As a true mover and shaker in the space, Caines is using her expertise to fuel her passion for educating a nd mentoring Black women as it pertains to all things crypto, blockchain technology, and more.
Most pre-teens have their minds on tons of things but building an empire as a digital architect may not be one of them. As previously reported by AfroTech, at age 12, Nyla Hayes created the Long Neckie Collection — a non-fungible token (NFT) collection worth about $3.4 million in digital currency. She is also TIMEPiece’s First Artist-In-Residence and the founder of NFT Children’s Day, an initiative launched to encourage more youth to get involved in tech. For Hayes, her first introduction to tech and the metaverse started with Roblox. Hayes has had a love for art since an early age. She started drawing at the tender age of four and the rest has truly been history. AfroTech sat down with the young artist to discuss her collection, making money doing what she loves, and what the future holds.
FLOW, the blockchain created by Dapper Labs designed to be the foundation for a new generation of games, apps, and the digital assets that power them, has announced a new grant program to bring Web3 diversity to the forefront. In a blog post, it was revealed that the company is currently accepting applications “for Black developers, platforms or creators looking to build large-scale dApps and create innovative experiences on the blockchain.” FLOW also announced its $1 million grant. “In addition to the Token grant, recipients will receive promotional and customized support from a team and network of experts including technical, design, product, and marketing,” read the blog post, which also makes it clear that this is in addition to its other initiatives in celebration of Black History Month. “This grant is one step in FLOW’s commitment to creating a welcoming environment for all people to join the ecosystem and that it is a true representation of our diverse world” The company has...
Crypto scammers certainly made 2021 their year. According to a new report from CNBC, the trifling thieves took a gobsmacking $14 billion (with a B!) from their unsuspecting victims last year. That’s a 79 percent jump from the amount of money they stole in 2020 — the year the pandemic began. Analysts for CNBC blame the rise of DeFi — decentralized finance — platforms for this record-breaking uptick in theft from crypto scammers. In a nutshell: more platforms equals more opportunities for wannabe scammers to rip you off. The outlet also referred to Chainanalysis’s annual CryptoCrime report (yes, this is a thing) to analyze the trends in thievery. “DeFi is one of the most exciting areas of the wider cryptocurrency ecosystem, presenting huge opportunities to entrepreneurs and cryptocurrency users alike,” Chainalysis wrote in its annual Crypto Crime report. “But DeFi is unlikely to realize its full potential if the same decentralization that makes it so dynamic also allows for widespread...
The E-Naira has arrived, and less than a month after its arrival, it has created a revolution in Nigeria. According to Bloomberg, the Central Bank of Nigeria reports an “excellent” adoption rate for this digital currency. “More than 488,000 people have downloaded the consumer wallet that’s needed to transact E-Naira while about 78,000 merchants from more than 160 countries have enrolled,” said Osita Nwanisobi, a representative for the Central Bank of Nigeria, to the outlet. Furthermore, according to Nwanisobi, 62 million naira ($150,000) of the virtual currency have been traded since it was introduced. While Nigeria has been quick to adopt the cryptocurrency, it’s not the only African country to do so. Nigeria has the E-Naira, but Ghana has the E-Cedi. As AfroTech previously reported, the e-cedi is the first digital currency of its kind in Africa. According to Dr. Ernest Addison, the governor of the country’s central bank, the new proposed digital currency will go into effect after...
When Russell Okung announced that he wanted half of his $13 million salary paid to him in Bitcoin, the sports world sat up and took notice. Okung, along with fellow NFL player Matt Barkley, first made a request to be paid in Bitcoin back in 2019. Both of their requests, at the time, were denied. Pay me in Bitcoin. — OKUNG (@RussellOkung) May 14, 2019 But what’s more is that, Okung had a series going called “ Bitcoin Is, ” which broke down the ins and outs of the then-revolutionary cryptocurrency. And while there’s still no shortage of scams and misinformation about the crypto world out there, Okung’s commitment to seeing crypto as the wave of the future has remained unwavering. “Money is more than currency; it’s power,” said Russell Okung in a statement. “ The way money is handled from creation to dissemination is part of that power. Getting paid in bitcoin is the first step of opting out of the corrupt, manipulated economy we all inhabit.” View this post on Instagram A post shared...
Cryptocurrency is still on the rise, especially the most notable of them all: Bitcoin. AfroTech previously reported on the basics of digital currency and debunked some myths about the growing market, and we’ll even explore this topic further at AfroTech 2021. View this post on Instagram A post shared by AfroTech (@afro.tech) Cryptocurrency expert Isaiah Jackson, author of “Bitcoin & Black America” and co-host of “The Gentlemen of Crypto,” is a huge advocate for bitcoin education, especially in the Black community. With nearly 19,000 subscribers, his YouTube show is a daily live stream that discusses Bitcoin and the cryptocurrency market from the lens of two Black men who are Certified Bitcoin Professionals. One of “The Gentlemen of Crypto’s” core values is bridging cryptocurrency and the community, its website reads. “We cannot miss, in my opinion, the biggest financial revolution of our lifetime,” Jackson told AT about Black people getting educated on bitcoin. “And we can’t be left...
Twelve-year-old Nyla Hayes, creator of the Long Neckie Collection — a non-fungible token (NFT) collection worth about $3.4 million in digital currency — and founder of NFT Children’s Day, is breaking new ground for the youth in tech. The young NFT digital artist will now serve as the first-ever Artist-in-Residence for TIMEPieces — TIME’s web3 community initiative, according to a press release provided to AfroTech. ⭐️🚨JUST ANNOUNCED: Nyla Hayes is TIMEPieces FIRST Artist-in-Residence🚨⭐️ Learn more: https://t.co/qVXd51yvqb — TIMEPieces ⏰ 🔜 NFT NYC (@timepieces) October 21, 2021 “Since launching Long Neckie Ladies, Nyla has inspired many individuals within the NFT community and established herself as a leader amongst the next generation of emerging artists,” Keith A. Grossman, President, TIME said in a We are thrilled to announce her as our first Artist-in-Residence for TIMEPieces and are excited to see how she applies her talent to our brand.” An Artist-in-Residence will be selected by...
Live voice translation for over 30 different languages from across the globe is now available thanks to these wireless earbuds! Danny Manu created Cliks with a mission to become “the world’s first truly wireless earphones.” View this post on Instagram A post shared by Mymanu® (@mymanuofficial) Per reports from Keepthefaith, the wireless Bluetooth headset simply has to pair with a smartphone to work. Unlike its competitors, Cliks does not require internet for use. The earbuds automatically detect what language is being spoken and from there they provide a spoken translation within a sentence or two. What’s also interesting is that Ghanaian -British entrepreneur Manu built Clik through his business Mymanu strictly through self-financing. “Like all the other ethnic minority-run businesses within the UK, I had a hard time getting the funding and financial support from banks and government-funded programs that I needed,” he shared in an interview. Not only did he begin to use his own...
Nine-year-old Aanya Thakur and her 14-year-old brother Ishaan are not your typical siblings. It became clear this past summer in Frisco, TX when the siblings wanted to learn how to mine digital coins while earning money. Little did they know their curiosity would lead to earning over $30,000 per month by tapping into cryptocurrencies. How you may ask? The duo mined bitcoin — the world’s leading cryptocurrency — ether and ravencoin, CNBC reports. “Crypto mining is just like mining for gold or diamonds,” Ishaan said in an interview with CNBC. “Instead of using shovels, you mine with computers. Instead of finding a piece of gold or a diamond in the mine, you find a cryptocurrency.”
Announcements of pro-athletes entering into the non-fungible token (NFT) space have been storming in during the month of August including Cleveland Browns’ Odell Beckham Jr. and tennis player Naomi Osaka. Now, Stephen Curry is one of the latest to get his hands on an exclusive NFT. According to Hypebeast, the basketball superstar purchased a Bored Ape Yacht Club NFT for 55 ETH which equates to $180,000 USD. When it comes to the discussion of highly sought-after NFTs, the Bored Ape Yacht Club is a part of the conversation with its limited collection of 10,000 Bored Ape digital collectibles on the ethereum (ETH) blockchain. Hypebeast reported that the NFTs were initially selling for 0.68 ETH back in May. Now, they are 1,500 ETH ($4.8 million USD). Along with the increase of worth, Bored Ape Yacht Club shook up the market after 10,000 Mutant Apes NFTs were sold out in an hour on Aug. 28 — racking in $96 million. According to Bored Ape Yacht Club’s website, Bored Apes are...