Newconomics 2023 - Meet our Speakers: Jessa Molyneux
Are you set to join Newconomics in Lisbon? We’ll be bringing together web3 and tech experts to explore how we design and deploy new economies. Ahead of the event Jessa Molyneux, co-founder of HER AI shared her thoughts about designing inclusive AI to activate the latent supply of female participation.
“To me, Web3 represents accountability, opportunity for equity and offers the world a better OS for information, whether this is through comms, transaction times or distribution. It also means an opportunity for distributed work and the ability to incentivize quality and rewards for collective action.
We need to be working towards equity and web3 can help us get there. Women are invisible in the datasets, models and decisions that feed AI and the impact of this lack of representation is the alienation of further female participation. As of 2021, around 79% of new AI PhD graduates in North America are male, this disparity in the build and design of AI models further increases inequity in AI.
A token incentive layer on top of Her Nation’s platform which pulls in prompt data and rewards users for participation. Addressing bias and creating more inclusive AI tech solutions could also tap into the latent supply of female participation.
Building inclusive technologies means increased participation and economic activity. Better design for end users and diversification in the initial design team to include minorities will make better products, services and tools. A great example is Amazon’s sexist AI hiring tool which had to be scrapped in 2018, after it gave preference to male candidates.
When it comes to the future of work, I would like to see web3 technologies used to increase transparency and help movements towards gender pay equity for people fulfilling the same roles. It could also be used to reward people who go above and beyond for operating with integrity. Aside from web3 tech, AI provides an opportunity to access information faster, cheaper and more easily if we tag and create empowering parameters. But we do need to ensure we have the understanding that AI is a tool and we can still make mistakes with it.”
Find out more about the new economics of Web3 and how it can change the way we work together at the Newconomics event in Lisbon. Full details and registration can be found on the website.