Share to Twitter Share to Linkedin Jason R. Escamilla, founder and CIO of ImpactAdvisor LLC in San Francisco, has seen it all before. It was nearly 30 years ago when he initially tried Socially Responsible Investing (“SRI”), the predecessor of ESG. And he was cool with it. Until everything changed. “ESG/SRI used to be about selectivity and choice,” says Escamilla. “I first got involved with SRI/ESG investing in the 90s. For decades, it was about selectivity and choice or preferences—primarily among institutional investors/clients. Funny thing happened on the way to going mainstream. ESG became the bully. The divestment movements ushered in powerful attention and support from the ‘non-investment class’ only a few years ago: students. Large pools of investment capital: university endowments adopted the cause. I still remember three years ago when CNBC’s Jim Cramer recommended permanently disinvesting from fossil fuels based on this force.” As a professional … [Read more...] about The Curious Dilemma Of ESG Investing And Your Retirement
Microsoft
Elon Musk And Tech Leaders Call For AI ‘Pause’ Over Risks To Humanity
Share to Twitter Share to Linkedin Topline Elon Musk and Steve Wozniak are among hundreds of high-profile technologists, entrepreneurs and researchers calling on AI labs to immediately stop work on powerful AI systems, urging developers to step back from the “out-of-control race” to deploy ever more advanced products while we better assess the risks advanced artificial intelligence poses to humanity. Key Facts Any AI lab working on systems more powerful than GPT-4—the powerful engine driving OpenAI’s Chat-GPT—should “immediately pause” work for at least six months so humanity can take stock of the risks such advanced AI systems pose, urged an open letter published Wednesday by the Future of Life Institute and signed by more than 1,000 people. Any pause should be “public and verifiable” and include all key players, the letter said, urging governments to “step in” and force the issue for those who are too slow or unwilling to stop. The … [Read more...] about Elon Musk And Tech Leaders Call For AI ‘Pause’ Over Risks To Humanity