Silicon Valley might grab all the headlines, but New York isn't far behind as America's number-two tech hub. Grand Central Tech's Matt Harrigan joins Cheddar to discuss what it will take to bring big tech to the Big Apple. He shares his experience building an incubator for over 100 companies sharing 100,000 square feet of space in Manhattan. Harrigan considers the various benefits New York has going for it as a potential technology capital. He reveals that New York's biggest unicorn of 2016 wasn't a start-up, but rather the Broadway musical "Hamilton." Harrigan uses this example as evidence that the city's diversity and culture give it a leg up on other metropolitan areas. Finally, Grand Central Tech's co-founder and general manager discusses the company's focus on diversity. He says 50% of the platform's companies are female founded, and nearly 30% were started by veterans or persons of color. He explains how this refutes tech's reputation as a monochromatic boys' club.

Share:
More In Business
Sex is a big market for the AI industry. ChatGPT won’t be the first to try to profit from it
OpenAI has announced that ChatGPT will soon engage in "erotica for verified adults." CEO Sam Altman says the company aims to allow more user freedom for adults while setting limits for teens. OpenAI isn't the first to explore sexualized AI, but previous attempts have faced legal and societal challenges. Altman believes OpenAI isn't the "moral police" and wants to differentiate content similar to how Hollywood differentiates R-rated movies. This move could help OpenAI, which is losing money, turn a profit. However, experts express concerns about the impact on real-world relationships and the potential for misuse.
Load More