Industry News – July 13, 2023

Supreme Court Ruling’s Impact On Discrimination In Small Businesses

The recent Supreme Court ruling in the United States regarding discrimination in small businesses decided that the federal law that prohibits workplace discrimination based on race, color, religion, sex, or national origin does not apply to companies with fewer than 15 employees. Critics argue that this ruling leaves millions of workers vulnerable to discrimination and undermines the intended protections of the law, while proponents argue that it strikes a balance between protecting employees and respecting the rights of small business owners. The ruling highlights the ongoing debate surrounding the intersection of anti-discrimination laws and the unique challenges faced by small businesses.

Source: The Guardian

Department Of Energy Allocates $72M In Small Business R&D Grants

The U.S. Department of Energy (DOE) has allocated $72 million in grants for small businesses engaged in research and development (R&D) projects. The funding will support a wide range of initiatives focused on advancing clean energy technologies, enhancing energy efficiency, and addressing climate change. The grants are part of the DOE’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, which aim to foster innovation and stimulate economic growth by encouraging small businesses to develop cutting-edge technologies.

Source: Energy.gov

Survey: Most Business Leaders Emphasize Human Involvement In AI

New research revealed that a majority of business leaders emphasize the importance of human involvement in the decision-making process when it comes to artificial intelligence (AI). According to a recent survey, 78% of executives believe that humans should have a significant role in AI decision-making rather than relying solely on automated systems. They recognize that while AI offers valuable insights and efficiency, human judgment and intuition are essential for critical decision-making, maintaining ethical considerations, and mitigating potential biases. The findings underscore the continued belief in the necessity of human oversight and involvement to ensure responsible and effective use of AI technology within organizations.

Source: Small Business Trends