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1 big thing

Rich Buery: Fighting poverty with AI

1 big thing

Axios

News

4 β€’ 2K Ratings

πŸ—“οΈ 6 June 2024

⏱️ 18 minutes

🧾️ Download transcript

Summary

Some 38 million people live in poverty in this country – nearly 12 percent of the population. The problem remains especially bad in New York City, where the poverty level among kids alone has jumped 66% since 2021. The Robin Hood Foundation has provided millions of dollars of grants to fight poverty in New York for more than 3 decades. Now, its CEO says the foundation famous for using investment principles to tackle poverty is enlisting AI in the fight. Niala spoke with Rich Buery Wednesday live on stage at the Axios AI+ Summit, part of New York Tech Week. Guests: Rich Buery, Jr., CEO of the Robin Hood Foundation Credits: 1 big thing is produced by Niala Boodhoo, Alexandra Botti, and Jay Cowit. Music is composed by Alex Sugiura and Jay Cowit. You can reach us at [email protected]. You can send questions, comments and story ideas as a text or voice memo to Niala at 202-918-4893. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hi all how we doing afternoon afternoon let's get this meeting meeting meeting

0:05.9

started when everyone's home when everyone's home ee work mode prioritizes your broadband for working from home, with faster speeds in more places than anyone else.

0:18.0

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0:21.0

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0:24.0

Search EE broadband, powered by BT.

0:26.7

Work mode with EE Smart Hub Plus to verify see EE.

0:29.0

C EE. C EE. K slash claims. One in every four kids in New York City lives in poverty looking to AI for help.

0:42.1

How do we make sure that we're building tools that are actually responsive to the need of people living in poverty so that AI can be a force for good?

0:56.0

A million dollar challenge to fight poverty with AI. I'm Niala Boodoo and for Maxios this is one big thing. This week we're recording live from Tech Week in New York.

1:10.0

Some 38 million people live in poverty in this country,

1:13.8

nearly 12% of the population.

1:16.5

The problem remains especially bad in New York City,

1:19.9

where the poverty level among kids alone

1:22.0

has jumped 66%

1:24.2

between 2021 and 2022.

1:27.0

The Robin Hood Foundation has provided millions of dollars

1:29.8

and grants to fight poverty in New York

1:32.2

for more than three decades.

1:34.0

Now, the CEO says the foundation famous for using

1:37.1

investment principles to tackle poverty is enlisting

1:40.8

AI in the fight.

1:42.2

The voices of the low income population

...

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