[Recap] B-Hive New York - Fin and Tonic: Algorithms for a Sustainable Future

28558848558_41104be1e3_z.jpg

On Thursday, B-Hive hosted another successful #FinAndTonic event. This time, we met at TechHub NYC and our panel discussed how algorithms can be used to create a more sustainable future.

We had the pleasure to welcome The Secretary of state for the Brussels-Capital Region, Minister Cécile Jodogne and an all-female panel.

The night started with a quick introduction of each member.

The discussion panel was moderated by:                                                                                      • Daniela Osorio - The Director of Global Partnerships at Infura

Our inspiring panelists: 
Sunita Van Heers – The Director at 3E
• Claudia Perlich - Senior Data Scientist & Adjunct Professor at NYU Stern School of Business
Sophie Gu – The Blockchain for Social Impact at Consensys
Cheryl Miller – The Founding Director of Digital Leadership Institute

These experts debated whether the algorithm economy can help to create a more sustainable future and how it could be done. The panelists defined the algorithms and what sustainability and a sustainable future means to them.

They believe that a sustainable future is about the wellbeing and health of the citizens as well as energy and CO2. In the end, it is our job to ensure that the future generations can live on this planet. Every individual plays a role in changing the world, but the panelists pointed out that the governance also affects the way individuals act. By changing policies, we can get to the root of the problem and start making a difference.

The panelists see the algorithms as recipes to a more sustainable future. They truly believe that the algorithms can be used to change the world for the better because of their artificial intelligence that does not include human biases. The panelists reminded us that even though the artificial intelligence often worked better than humans, we need to remember the bigger picture – to use this intelligence for the good and building a more sustainable future. To achieve these goals, we need to also keep educating the future generations and convey certain values to the younger population so that they will act accordingly and protect the world we live in.

In addition, our panel discussed the gender disparities in the tech industry. The lack of access, skills and expertise in the industry among women is a problem that needs to be changed. "If you are a woman anywhere in the world, you are less likely to be digitally skilled", Miller pointed out. These gender inequalities affect the tech industry directly and our panelists encourage more women to enter the tech industry and to use their skills in creating a more sustainable future. It was great hearing our panel share their stories and be advocates for making the tech industry more diverse through female talent.

After the discussion panel, the evening continued with some networking, Belgian waffles and gin and tonics. Overall, the evening was a success and we were happy to see a lot of discussions after the presentation about algorithms, sustainability and the gender disparities in the tech industry.

Thank you to everyone who joined us. A special thanks to Minister Cécile Jodogne and to all our panelists who brought in their expertise and gave us great insights on how to use algorithms for a more sustainable future. We hope to see you at our next #FinAndTonic on June 25th when we will be discussing sustainable finance.

-Lotta Nevalainen - B-Hive US