🚀 Inclusive innovators. Welcome to part 2 of EQNews, I’ll be your guide today Marcus Sawyerr, my aim is to empower Inclusive innovators and individuals through Careers, Community, Conversation, and Capital. Let's explore our stories and insights.
🌟 My Opinion on the Tech Layoffs, 🌟
As innovators, we must confront the reality of layoffs in the tech industry, especially as AI continues to disrupt the job market. Are overvaluation, over-hiring, inflation, or AI the primary drivers? It's a combination of all these factors.
💡Layoff waves often serve as an opportunity for companies to restructure vs save cost.
IBM to pause hiring in a plan to replace 7,800 jobs with AI; Bloomberg reports
jobs could be replaced by Artificial Intelligence (AI) in the coming years, CEO Arvind Krishna told Bloomberg News on Monday.
So, what can we do as innovative and inclusive thinkers to progress our careers and companies in this ever-changing landscape? Here are my top three suggestions:
1️⃣Be at the forefront of evolution: Embrace the inevitable transformation and be the driving force behind it. Companies aim to stay lean to maximise shareholder returns, and it's crucial inclusive innovators adapt and innovate to stay ahead of the curve.
2️⃣Embracing diversity leads to richer perspectives, better decision-making, and competitive advantage.
3️⃣ Leverage your domain expertise: In our previous newsletter, I mentioned the importance of domain expertise as a key to unlocking success.
🪄 Data > Information > Domain insights> Knowledge > Wisdom.
🌟 Community
Member Spotlight
🎥 Amani Martin Check it out here
Fellow EQ member, Amani Martin, produced an insightful documentary about Michael Jordan's agent and the process of building a $200 million company from scratch. It was fascinating to learn about the business, basketball, and the journey to success. If you plan to watch Air, this will give you a great perspective! Be sure to check it out and connect with Amani, big congrats!
🚀 Careers:
📈 April 2023 Employment Summary- Black citizens are impacted most!
Adult men: 3.3% - Adult women: 3.1% - Teenagers: 9.2% - Whites: 3.1% - Blacks: 4.7% - Asians: 2.8% - Hispanics: 4.4%
Source Amazing Diverse Talent With EQ
Join me! For a Webinar ponsored by Checkr
🗣 Conversation
The community top post!
🆚 Google Bard vs ChatGPT - an AI showdown
In today’s article, we’re diving headfirst into a showdown between Google and OpenAI. Just last night, I managed to get my hands on…
Robert F Smith Shares; Black Scientists and Their Contributions to History
thinking that has shaped the course of history.
🌐 Addressing social disconnection - let's unite and support each other
The Full report Is here
California Panel Calls for Billions in Reparations for Black Residents
A task force recommended that legislators enact a sweeping program to compensate for the economic harm from racism in the state’s history.
Wheres Jack?
Jack Ma, the billionaire co-founder of Alibaba who disappeared from public life in 2020, has taken up a teaching role in Japan
Alibaba co-founder Jack Ma has joined Tokyo College, which is run by the University of Tokyo. Ma will be conducting research and teaching about
💰 Capital:
📊 FinChat.io's ChatGPT for Finance
Warren Buffett faults US government handling of banking crisis
It's been poor by the politicians who sometimes have an interest in having it poor, it's been poor by the agencies. And I'd say it's been poor by the press, Warren Buffett said
What You Need To Know About OpenAI’s $300M Share Sale
OpenAI closed a $300 million share sale at a valuation between $27 billion and $29 billion.
🍿 Bonus Content:
👋🏾 That’s it for this week!
Keep pushing bound