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all of the companies here are building just making huge investments in in the country in order to build out data centers and infrastructure to power the next wave of innovation. "How much are you spending, would you say, over the next few years?" "Oh, gosh. I mean, I think it's probably gonna be something like, I don't know, at least $600,000,000,000 through '28 in The US. Yeah. It's a lot." "It's it's significant. That's a lot." "Thank you, Mark. It's great to have you. Thank you."

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The Bill and Melinda Gates Foundation, the world's largest private philanthropy, is facing criticism for its investments in companies that contribute to social and health problems. With investments in 69 of the worst polluting companies in the U.S. and Canada, the foundation is accused of causing harm while seeking to address these issues. Additionally, other companies in their portfolio have been accused of various transgressions, such as displacing people from their homes, supporting child labor, and neglecting patients in need of medical care.

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The speaker discusses diversity and diversity targets at the Aveda Academy. They mention that the academy has committed to having 50% of the class be women or people of color, while currently only 19% of United Airlines pilots fit this criteria. The speaker acknowledges that United Airlines has a higher percentage of diverse pilots compared to other airlines. However, they also mention that the diversity in the company's C suite is not as high, with only 3 out of 11 executives being women and 1 being a person of color. The speaker emphasizes the need to raise the bar in corporate America and explains that United Airlines has programs in place to promote diversity, such as involving women and people of color in the interview process and providing opportunities early in their careers.

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Companies have announced over $2 trillion in new investments, totaling close to $8 trillion. These investments, factories, and jobs signify the strength of the American economy. The US aerospace industry can continue to lead the world in innovation. The US must continue its leadership in AI. Companies are creating millions of jobs and making investments to catalyze a new era of advanced manufacturing. The US needs to reindustrialize and prioritize products being made in America.

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Bob Boeing, founder of Boeing, emphasizes diversity in airplane manufacturing for passenger safety. Boeing prioritizes hiring based on diversity, including LGBTQ individuals. They ensure pilot diversity with oppression detection technology. Public Square promotes traditional American values in shopping. Boeing's technicians undergo DEI training for passenger safety. Public Square is a platform for patriotic Americans to support like-minded businesses.

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BlackRock is emphasizing the need for companies to change their behaviors and increase diversity. They are taking action by hiring more women and increasing diverse employment. Internally, they are linking compensation to achieving diversity goals. BlackRock believes that if companies do not force behaviors to improve gender, race, or team composition, they will face consequences. They acknowledge that progress will take time, but they are surprised that more opportunities for diversity have not emerged.

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They aim to have 30% women recruits by 2030 and allowed YouTube influencer Michelle Khare to train with agents. They are conscious of attracting diverse candidates and giving opportunities to everyone in the workforce, especially women.

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We prioritize diversity as an investment criteria. At BlackRock, we enforce diversity by having 54% women in our new hires. We set goals for diverse employment and tie them to compensation. If these goals aren't met, there will be consequences. We believe in forcing behaviors to drive change in gender, race, and team composition. It's not just about recruiting, but also about development. We are surprised by the lack of progress and are committed to making change happen.

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EDA received $3 billion from the American Rescue Plan Act to invest in communities, focusing on equity, job creation, skills development, and economic recovery. They aim to build resilience and support industries hit hard by the pandemic. EDA has 6 programs and funding opportunities, with equity as a top priority. They update investment priorities to align with economic development practices and administration goals. Prioritizing underserved communities is crucial for future investments.

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I am grateful to Brad and Microsoft for their support. When we have ideas to make a positive impact, Microsoft is enthusiastic to partner with us. This mindset exists in other companies too, rooted in the recognition of the business case for various causes like economic development, digitization, climate change adaptation, and strengthening democracy. Companies like Microsoft have a powerful voice and can make a difference. It's not just about preaching to the choir, but about showing up and taking action in the private sector. I am incredibly grateful for their support.

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BlackRock is implementing investment criteria that includes forcing behaviors to promote diversity. They have added 4 more points in terms of diverse employment this year, with 54% of the incoming class being diverse. Internally, if employees fail to achieve these impact levels, their compensation may be affected. This approach applies to all aspects of diversity, including gender, race, and team composition. It is not limited to recruitment but also extends to development.

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Diversity and inclusion are generally considered good, but equity must also be considered. Diversity means inviting different types of people to the table. Inclusion means including all of their ideas. Equity means ensuring everyone at the table has equal access to having their ideas heard. Current statistics suggest there isn't enough leadership or representation.

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The Bezos Earth Fund is excited about the growing enthusiasm for philanthropy. Last year, when the 30 by 30 initiative faced uncertainty, 10 philanthropies, including the Bezos Earth Fund, pledged $5 billion in grant money to support it. They made it clear that if countries commit to 30 by 30 and show genuine dedication, these philanthropies will provide assistance.

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Apple announced it will invest over $500 billion in the US over the next four years, including building a new factory and hiring 20,000 people. This announcement came days after CEO Tim Cook met with President Donald Trump. The $500 billion commitment includes doubling the advanced manufacturing fund from $5 billion to $10 billion and constructing a new advanced manufacturing facility in Houston. The Houston factory will manufacture servers to support Apple Intelligence, its artificial intelligence platform. The expanded advanced manufacturing fund includes a multibillion-dollar commitment to TSMC's new manufacturing facility in Arizona.

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It's important for companies like Boeing to have an organization focused on diversity, equity, and inclusion to address potential inequities in systems and structures created over time by imperfect human beings. This organization ensures fairness and equity by actively examining processes to remove barriers for people. Society's flaws are not due to bad people, but rather imperfections that naturally occur.

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Let's talk about where money is being spent. We've got $520 million for environmental, social, and governance investments in Africa and to mobilize private sector resources. There's $25 million to promote biodiversity in Colombia, $40 million to improve social and economic inclusion of migrants, and $42 million for Johns Hopkins to research social and behavior change in Uganda. Then we see $70 million for Purdue to research solutions to developmental challenges, $10 million for circumcisions in Mozambique, and almost $10 million for UC Berkeley to train Cambodian youth. Plus, millions more are going to various projects, including election and political processes strengthening, voter turnout in India, fiscal federalism in Nepal, biodiversity in Nepal, and learning outcomes in Asia. It's a lot of money going to a lot of different places.

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There was a DEI office that was immediately shut down, and that alone was a savings of around $20,000,000. And there was a slush fund there that they would use to fund people millions of dollars to go to DEI conferences and talk to other DEI people. And so we shut that down at a savings of a $150,000,000 today. DEI was such a priority that, it was baked into the incentive structure for people to advance professionally here. Some employees told me that they were put in a position where they had to spend half of their time working on DEI initiatives in order for them to be able to put it on their annual evaluation. You are more likely to get promoted if you are spending this significant amount of time on this diversity, equity, inclusion initiatives.

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The speaker discusses diversity and inclusion at the Aveda Academy and United Airlines. They mention that 50% of the classes at the academy will be women or people of color, while currently only 19% of United Airlines pilots fit this criteria. The speaker acknowledges that United Airlines has a relatively diverse C-suite compared to other companies, but believes that the bar for diversity in corporate America is set low. They explain that United Airlines is actively working to raise the bar by implementing programs that involve women and people of color in the interview process and providing opportunities for career growth.

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Toyota is changing its business partnering groups to focus solely on business-related topics like mentoring, networking, professional development, and volunteering. They will focus on STEM education and workforce readiness, ceasing sponsorship of cultural events unrelated to STEM and pride camps. Toyota is also withdrawing from the Human Rights Campaign (HRC) CEI scoring system after over a decade of participation, despite Lexus being recognized by the HRC as a strong supporter. The speaker views this as a victory for sanity and encourages viewers to continue sharing these stories. They advocate for companies to remain neutral on divisive issues and focus on business, product, and service. The speaker is also involved in disaster relief efforts in East Tennessee.

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PayPal, Google, and Apple have made significant financial commitments to support black businesses and promote diversity, equity, and inclusion. Google has pledged over $320 million to support black entrepreneurs. Apple has committed $100 million to empower young leaders and drive progress towards a more just and equitable world. However, there are concerns about Apple's CEO, Tim Cook, who is criticized for his business dealings in China despite advocating for justice elsewhere. Economic ties with China prevent him from taking a stand against human rights abuses.

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The Bill and Melinda Gates Foundation has played a significant role in various global health initiatives. They sponsored the creation of Gavi, the Vaccine Alliance, which aims to establish healthy markets for vaccines. The foundation provided substantial funding to the Global Fund to Fight AIDS, Tuberculosis, and Malaria, as well as supported efforts to eliminate neglected tropical diseases. They were also a founding partner of the Global Financing Facility for women, children, and adolescents, contributing $275 million. Additionally, the Gates Foundation injected $100 million into the Coalition For Epidemic Preparedness Innovations to develop vaccines for emerging infectious diseases. Their influence can be seen in numerous major global health initiatives over the past two decades.

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We recognized the importance of diversity in achieving success, so we made it a priority. We established a vision, values, and made leadership changes. As a result, our leadership team now consists of almost 50% women and 47% people of color. We aim to set the standard for diversity and inclusion in the NBA, and we were honored with the NBA's diversity and inclusion award in January for our efforts.

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Apple is announcing a $600,000,000,000 investment in the United States over the next four years. This is $100,000,000,000 more than originally planned and marks Apple's largest investment ever, both in America and globally. Apple is "coming home" with this investment.

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The speaker discusses diversity and diversity targets at the Aveda Academy. They mention that 50% of the classes will be comprised of women or people of color, but currently only 19% of United Airlines pilots fit this criteria. The speaker acknowledges that United Airlines has a relatively diverse C suite, but believes that the bar for diversity in corporate America is set too low. They explain that United Airlines focuses on raising the bar by requiring women and people of color to be involved in the interview process for every job, providing opportunities for early-career individuals, and creating a stronger workforce.

Into The Impossible

OVERCOME YOUR FEAR: Flying solo around the world. Robert DeLaurentis: Peace Pilot, uniting the world
Guests: Robert DeLaurentis
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In this episode of the Into the Impossible podcast, host Brian Keating interviews Robert DeLaurentis, who is on a mission to promote peace through aviation. Currently in Gatlin, Sweden, DeLaurentis is preparing for a polar circumnavigation from the South Pole to the North Pole, a journey that has taken 18 months to plan and execute. His aircraft, the Citizen of the World, is equipped with scientific instruments from NASA and other institutions to conduct experiments during the flight. The mission aims to unite people globally and inspire future generations, particularly through DeLaurentis's children's book, "The Little Plane That Could." He emphasizes the importance of science in addressing global challenges and fostering collaboration. DeLaurentis also discusses his past experiences, including a near-fatal incident during a previous flight, which deepened his commitment to his mission. He plans to engage with youth through flight simulations and scholarships, aiming to inspire the next generation of pilots and explorers.
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