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Tech layoffs are fueling an influx of new founders building climate, health, and fintech startups. Microsoft CEO Satya Nadella said he liked to test AI using a poetry prompt to see if it had the "subtlety" to translate "deep meaning." Twilio's Joyce Kim said "predictive AI is going to be a core part of every tool that they use." The European parliament has voted to take steps to regulate AI technology such as ChatGPT, with its parliament backing a ban on the technology for biometric surveillance, emotion recognition, and predictive policing. Uber CEO Dara Khosrowshahi says the most common mistake he sees young people make is overplanning.
Persons: Nathan Rennolds, it's, let's, Sundar Pichai, Google's, hasn't, Simplyblock, Michael Schmidt, Robert Pankow, Jack Dorsey's, Satya Nadella, Uber, Twilio's Joyce Kim, Dara Khosrowshahi, Leigh Vogel, Elon, Kairan, Hallam Bullock Organizations: Google, Jack Dorsey's Apple, Microsoft, Summit, Getty, SpaceX, LinkedIn Locations: London, Google's, Simplyblock, Europe, New York City
Tech layoffs are fuelling an influx of new founder talent. Delivery Hero scaled down its ghost kitchen project and, despite being offered another role internally, Pankow exited in December 2022. As the cofounder of cybersecurity startup Simplyblock, he is part of a new wave of founders born of tech layoffs. In 2022, programme applications from founders working at tech companies that have made layoffs increased by 111% to 1,273. "As the world's strongest talent, capital and political will gravitates towards this issue, we are seeing founders building technology designed to leave a real impact," Klink added.
Persons: Rob Pankow, Pankow, Christoph Klink, Klink, Ling Walker, Patreon, Tasmin Lockwood Organizations: Meta, WIRED, Ventures Locations: Berlin, Patreon
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