sethbannon

Calling online casinos “prediction markets” doesn't mean they get a moral exemption.

Using AI to attract people with gambling addictions and those most likely to lose money is rotten.

I hope our industry develops an immune response that creates real friction to those building and funding these things.

The overarching message is that builders should deeply consider the impact of what they're building on civilization.

"Technology is never neutral, because it takes on the characteristics of those who devise, finance, regulate and use it."

Therefore builders "bear a particular ethical and spiritual responsibility" because "every design choice reflects a vision of humanity."

The questions shouldn't just be 'can we build it?' or 'will people want this?'

We need to also ask 'should we build it?' and 'will this make humanity better?'

The encyclical calls on us to “join forces in building up the common good.”

This is a message we need right now.

Fifty Years is VC firm that backs founders making something civilization needs. Think companies curing disease, combating the climate crisis, ending aging, accelerating science.

https://www.fiftyyears.com/

We also run a founder foundry that helps scientists and engineers start startups: https://www.fiftyyears.com/5050

We're hiring for many roles:

1/ Engineers for our product team, which builds tools to help us better support founders.

2/ A Head of Marketing, to help us help our founders better tell their stories.

3/ Former founders for the partnerships team, to help mentor our portfolio founders.

4/ Opportunistically for other roles as well.

ONSITE in San Francisco and London.

Email join AT 50y DOT com