The story of capital isn’t just about wealth creation; it’s about who benefits and who pays the price.
techequity.us/2026/03/03/w...
06.03.2026 17:09
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The story of capital isn’t just about wealth creation; it’s about who benefits and who pays the price.
techequity.us/2026/03/03/w...
Media coverage from @bloomberg.com to @thedailyshow.com has opened doors into audiences we never anticipated. www.youtube.com/watch?v=gD-4...
This ongoing dialogue in policy and tech circles has reinforced something we’ve long believed at TechEquity: the incentives that shape our economy matter.
About a year ago, TechEquity Founder and CEO @catherinebracy.com published "World Eaters: How Venture Capital is Cannibalizing the Economy.”
She then set off on a book tour to discuss the way venture capital helped create the tech economy we live in now—for better and for worse.
That's it for this week! Leave your #Top5 in the comments, and follow for more news around tech and the economy.
5) Jack Dorsey’s financial technology company, Block, laid off nearly half of its staff, allegedly because AI is allowing the company to do more with fewer people. But something isn’t quite adding up… @nytimes.com @zamosta.bsky.social
www.nytimes.com/2026/03/04/o...
4) Ever wish you could financially benefit from death and war? Now you can. @404media.co @jasonkoebler.bsky.social
www.404media.co/with-iran-wa...
3) After Anthropic stood firm that they wouldn’t sell AI tools to the U.S. government for mass surveillance or autonomous lethal weapons, tech workers at OpenAI tried to get their company to do the same. Those calls seem to have fallen on deaf ears.
www.nytimes.com/2026/02/27/t...
2) Italy’s privacy watchdog recently banned Amazon from using the personal data of warehouse staff, including data collected from cameras near bathrooms and break rooms. @reuters.com
www.reuters.com/legal/litiga...
1) Between finally adding Warner Bros. Discovery to their media empire and building out a surveillance state, Larry Ellison and company have been quite busy solidifying their economic and political power.
@npr.org www.npr.org/2026/03/01/n...
@techcrunch.com techcrunch.com/2026/03/02/h...
It's Friday, which means it's time for the #TopFive things you need to read this week to understand tech’s impact on our economy with TechEquity Founder and CEO @catherinebracy.com:
Low-wage gig workers in Africa have been unknowingly helping the U.S. military. Unfortunately, this is typical for their contractor Appen, which usually tells people little about the purpose of their work.
www.thebureauinvestigates.com/stories/2026...
Warnings of an AI job apocalypse could become a self-fulfilling prophecy. www.forbes.com/sites/joemck...
But that anxiety can also help fuel a new workers' movement, so let’s get to work. www.theguardian.com/technology/n...
However, many workers, especially tech workers, are not in unions. This is part of why baseline worker protections are so important.
Learn more: techequity.us/2026/02/24/t...
Lisa Kresge, who has been researching labor contracts at @ucblaborcenter.bsky.social brought to light that we are seeing more union negotiations around the guardrails of specific technologies, like AI.
WORKERS: You can also improve working conditions in the tech industry by ensuring that public policy creates protections for all workers.
That was one of the biggest takeaways from our recent event...
What began as three years of research quickly turned into conversations that stretched far beyond the printed page: techequity.us/2026/03/03/w...
We’re seeing this across industries, not just tech. This ethos has even entered the White House.
In that context, "World Eaters: How Venture Capital is Cannibalizing the Economy", by TechEquity Founder and CEO @catherinebracy.com, came at the perfect time last March.
Yet companies that promise steady financial returns and proven ingenuity to help solve some of the world’s biggest problems struggle to raise funding.
Those who do secure funding and mean well are pushed to exploit and extract from workers and users to achieve ever-higher profits.
Theranos raised more than $700 million from venture capitalists before its “breakthrough health technology” blood tests were shown not to actually work.
Once a venture capital darling, WeWork went from being valued at over $47 billion in 2019 to declaring bankruptcy in 2023.
Big Tech companies are using their money to support “tech-friendly” candidates in the U.S. midterms and to pay lobbyists to halt regulatory efforts in Europe.
www.nytimes.com/2026/02/21/u...
www.nytimes.com/2026/02/21/b...
This is one of the many stories of AI impacting people’s lives. Check out our latest blog to learn more: techequity.us/2026/01/21/5...
Unfortunately, the automated decision system used by Gene’s insurance provider decided that Gene didn’t need some of that care, and his family ended up paying $150,000 in uncovered medical expenses.
In 2022, 91-year-old Gene Lokken fractured his hip and ankle as a result of a fall.
He spent around six days in the hospital before being moved to hospice care for a month to recover from his injuries, followed by physical therapy.
We need to restore competition and kick the California innovation machine back into high gear. We need to pass the COMPETE Act.
Learn more: techequity.us/compete-act-...
That’s what’s happening right now as a handful of companies increasingly dominate food, entertainment, and other industries, making it easier for them to make power plays to keep away competitors with potentially better products.
From Hollywood to Silicon Valley, innovation is the backbone of California’s economy.
But there’s no need to innovate when companies aren’t competing for our hard-earned dollars.
That’s when @amzn4climate.bsky.social found him.
What has he learned from his experience? Find out what he, as well as Lisa Kresge @ucblaborcenter.bsky.social and Tahlia Kirk @alphabetworkersunion.org had to say: techequity.us/2026/02/24/t...
Vaurun Iyengar began organizing after Amazon forced everyone to return to office.
Amazon's negative climate impact, its treatment of warehouse workers, and its effects on the communities where its facilities are located motivated him to start organizing. www.youtube.com/shorts/0wNVm...
Senate Democrats recently unveiled a proposal to discourage private equity ownership of homes—something President Trump did vocalize support for earlier this year.
thehill.com/homenews/sen...
TODAY we’re at #UCDavis to find out what students know and what they think about the state of AI and AI regulation. Come through with your friends—even if it’s just to learn more about our work.
Every person interviewed on-camera gets a $10 gift card. Message us if you’d like more details!