GiveDirectly and UC Berkeley designed an algorithm that uses AI to identify the poorest individuals in the poorest areas in order to provide them with cash relief.
Pittsburgh Mayor Bill Peduto announced that his city is now joining 15 other American cities in a program receiving funding from Twitter CEO Jack Dorsey, in which eligible residents will receive $500 in monthly “guaranteed income.”
The money used to start the program will come from funds Dorsey gave that is allowing Pittsburgh and 15 other cities to help those who are struggling during the economic crisis brought about by the coronavirus pandemic.
“In the year ahead, Google will continue to stand in solidarity with the fight for racial justice. We believe in a justice system based on equity for all, informed by data and supported by community-based solutions.”
Billionaire Microsoft co-founder Bill Gates is to invest $50 million in the Dementia Discovery Fund, a venture capital fund that brings together industry and government to seek treatments for the brain-wasting disease.