News item of the week: Amazon unveils the dangers of dodgy AI
While it’s hard NOT to love Amazon (it’s now possible to live a full and meaningful life without ever leaving your sofa), a devious chuckle escaped our lips this week when Reuters broke the news that the firm had to scrap a sexist AI tool. The ‘artificially intelligent’ job application tool was trained largely on data submitted by men resulting in bias against women during interview selection processes. Whoops.
Comment piece of the week: The salty knowledge of tears
As the spilling of blood, sweat and tears becomes an ever-necessary prerequisite for fintechs wanting to navigate towards bountiful funding, Forbes this week published an interesting piece all about how to run a successful small business while protecting your mental health.
With World Mental Health Day landing on Wednesday, contributor David Howell posits how noticing low periods being felt by business owners can be critical to the long-term success. With Foco only recently turning one, we’re with you. Hear hear!
Number of the week: Goji hits berry high milestone!
Goji, the direct lending platform, reached £100m in assets this week.
Proving the health benefits of the berry once and for all, Goji has also partnered with SimplyBiz, the largest adviser-support network in the UK. Read on here.
Quote of the week
We are @Foco_Global on Twitter, what’s your excuse?