Silicon Valley’s gender inequality problem is no secret. But the situation can be fixed, according to Emily Chang author of the book “Brotopia” and host of Bloomberg Technology. “The #MeToo movement started in Silicon Valley,” she says. Years before the reckoning in Hollywood, women like venture capitalist Ellen Pao and Uber’s Susan Fowler spoke out about harassment and discrimination. Their efforts, Chang says, made it “safer for more women to come forward.” “That’s part of why I wrote the book,” says Chang. “To keep that conversation going and not lose the momentum that some of these courageous women have ignited.” According to Chang, the gender pay gap in Silicon Valley is five times the national average. In the traditionally male-dominated tech industry, too many find themselves “the only women in the room.” And there are cultural issues as well. Chang’s book takes an inside look at the social scenes of powerful executives, investors, and entrepreneurs, which include things like “sex parties” and a range of other similarly inappropriate activities. “All of this perpetuates an uncomfortable environment for women and a power dynamic that is completely lopsided.” Silicon Valley hasn’t always been this skewed. “Women actually played vital roles in the computer revolution [in the 40s and 50s],” Chang says. “They were programming computers for the military and programming computers for NASA. Think ‘Hidden Figures’, but really industrywide.”

Share:
More In Business
Australia Cracks Down on Buy Now, Pay Later
Australia's government announced regulations for buy now, pay later services, which will be labeled as consumer credit products, which puts them under the country's Securities and Investments Commission's watch.
The Day Ahead: Earnings, Home Sales Data, Microsoft Software Conference
Cheddar News checks in to see what's on The Day Ahead, which will include earnings from Lowe's, Dick's Sporting Goods, BJ's and AutoZone along with new home sales data. In addition, Microsoft's Build 2023 Developer Conference is slated to kick off for software engineers and web developers.
GM North American President Rory Harvey on EV Market
Rory Harvey, General Motors' incoming North American president, joined Cheddar News to discuss GM's foray into the rapidly-changing electric vehicle market along with what lies ahead. "It's a very dynamic time in the automotive industry," he said. "If you look to the transformation across the EVs, it's happening and it's happening at a pace."
Tesla Trims Model 3 Prices in U.S.
Tesla trimmed prices by offering discounts of around $1,300 for its Model 3 vehicles, continuing price adjustments across its fleet since January.
Load More