In order to face the Negative effects produced by the misuse of technology, Globant has just announced the launch of BeKindTech Fund.
“We believe that technology is inherently good and that it improves life around the world. It connects us, stimulates innovation for the common good, and enables reinvention. However, when applied or used incorrectly, its impact can be negative. This must be treated seriously to ensure that technology is beneficial to all humanity and we need to act now. “, explains Martín Migoya, CEO & co-founder of Globant.
As a recognized technology expert and creator of digital solutions, Globant calls for applications from global technology startups seeking investment and support in their work, focused on addressing the negative side effects caused by the misuse of technology.
Globant Ventures, the investment arm (VC) of the company, will evaluate each project and look for opportunities to finance new companies through equity or convertible notes, with investments between 100,000 and a million dollars depending on each case, in conjunction with other partners who may be interested in investing in these tech startups. The purpose and ability of each technological project or application to carry out efficient changes in the behaviors of its users and multiplying good practices will be key elements to consider the selection.
Misuse of social networks
The scope of the debate on the potential of technology to generate negative social impact and, in turn, the focus of the BeKindTech Fund is broad, starting from texting while driving, to abusing screen time and addiction to drugs. social networks. Recent events, studies, and reports have exposed the consequences of social media misuse, AI biases, and information bubbles, among other challenges. While awareness It is important, combating these problems is essential.
“The synergy produced between Globant’s vision of reinvention, support for the entrepreneurial ecosystem and the company’s Be Kind initiative allows the BeKindTech Fund to produce real change and help us create a great impact in the near future”said Guibert Englebienne, Co-founder of Globant and President of Globant X.
