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CEO of $20 billion AI firm Perplexity says the secret to success is ‘sleeping with that fear’ that your competitor will steal your idea

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CEO of $20 billion AI firm Perplexity says the secret to success is ‘sleeping with that fear’ that your competitor will steal your idea

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Boomers actually do hold most of the wealth and power. So why do they call it 'whiny' to point that out?
NewslettersraceAhead

Disney is poised to play the spoiler as DeSantis signs new bill defunding DEI at Florida colleges

Ellen McGirt
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Ellen McGirt
Ellen McGirt
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Ellen McGirt
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Ellen McGirt
Ellen McGirt
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May 16, 2023, 11:50 AM ET
Florida Gov. Ron DeSantis defunded D&I programs at state colleges.
Florida Gov. Ron DeSantis defunded D&I programs at state colleges.Ricky Carioti—The Washington Post/Getty Images
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Florida Gov. Ron DeSantis signed a bill into law yesterday that will defund diversity and inclusion initiatives at the state’s public colleges and solidify his quest to prevent the teaching of race, identity, and history in the classroom.

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“If you look at the way this has actually been implemented across the country, DEI is better viewed as standing for discrimination, exclusion, and indoctrination,” DeSantis said at a news conference discussing the bill. “And that has no place in our public institutions. This bill says the whole experiment with DEI is coming to an end in the state of Florida.”

DeSantis has consistently whipped up public sentiment against what he calls “the state-sanctioned racism that is critical race theory” while triggering nationwide alarm with Florida’s 2022 Parental Rights in Education bill, which prohibited discussion of gender and sexual identity in early grades and was later expanded by the state board of education to include grades through 12th. All of this has had a chilling effect on educators, who have canceled classes in increasingly vain attempts to hang on to their jobs.

There are reasons to be hopeful.

In what will likely be a harbinger of more legal action, last November, a Florida judge issued a temporary injunction against DeSantis’s “Stop WOKE Act,” legislation designed to curtail discussion of race in Florida schools and businesses. While the injunction didn’t last, the judge framed the debate for future action by blasting the bill as unconstitutional, Orwellian, and “positively dystopian.”

On another front, a powerful corporate player appears poised to give DeSantis a real fight.

DeSantis has picked a series of expensive legal battles with Disney—and CEO Bob Iger specifically—after the two publicly clashed over the education bill in 2022. DeSantis has now turned Disney into a “woke” leadership talking point and punching bag. Disney, which recently sued the DeSantis administration for “political retaliation,” seems unlikely to tolerate the administration’s attacks on its business or inclusion much longer. “Iger never loses,” Yale management professor Jeffrey Sonnenfeld tells the Washington Post. “He won’t miss his moment when it comes up.”

But until then, the battles are personal.

Florida fifth-grade teacher Jenna Barbee is under investigation after a parent complained that she showed her students a Disney movie featuring a gay character. The film, Strange World, is about the fragile relationship between humans and the environment and was screened as part of a teaching module on ecosystems and interconnectedness. In a minor subplot, the character has a crush on another boy, which Barbee says she missed.

But that’s not the point, she says.

“[The module] talks about love to all things, and that’s literally what this movie represents,” the Hernando County School District teacher tells NPR. “I find it interesting that now I’m getting in trouble for a similar topic.”

Ellen McGirt
@ellmcgirt
Ellen.McGirt@fortune.com

This edition of raceAhead was edited by Ruth Umoh.

On Point

Jordan Neely’s killer becomes a right-wing darling
Police charged Daniel Penny, the Marine Corps veteran who put Neely in a chokehold on a New York City subway, killing him, with second-degree manslaughter. Some 48 hours later, his lawyers have crowd-funded more than $2.4 million for his legal defense on GiveSendGo, the conservative alternative to GoFundMe. And yes, DeSantis referred to Penny as a “Good Samaritan,” tweeting, “We must defeat the Soros-Funded DAs, stop the Left's pro-criminal agenda, and take back the streets for law-abiding citizens.”
New York Magazine

Kids are further behind in school than parents think
Working with a team of researchers from Harvard, Stanford, Dartmouth, Johns Hopkins, and the testing company that created the Education Recovery Scorecard project, reporters from the New York Times analyzed data from 7,800 communities in 41 states to understand where test scores declined the most after the pandemic. The news is grim.
New York Times

Racism is actually killing you
A new study has preliminarily confirmed for the first time that exposure to high levels of workplace discrimination is associated with a whopping 54% elevated risk of hypertension among U.S. workers. “The adverse impacts of discrimination on cardiovascular disease have major implications for workers' health and indicate a need for government and employer policy interventions addressing discrimination,” researchers conclude.
Journal of the American Heart Association

The Gold House 2023 A-List 
This year Google has teamed up with Gold House, the AAPI impact and investment community, to amplify its annual list of the 100 most influential Asian American leaders in American culture, with names ranging from Ida Liu, the global head of Citi Private Bank, to Everything Everywhere All at Once filmmakers Jonathan Wang and Daniel Kwan. Spend a little time with the list. It’s a great one.
Gold House

On Background

When people resist change
A reader recently asked me to surface some insights that predate the pandemic, the current racial reckoning, and its contentious backlash. What makes people resist change? Tony Schwartz and Emily Pines, writing on behalf of The Energy Project, a leadership development consultancy, help frame the issue in traditional behavioral terms. Specifically, what happens when a business is “disrupted” by a new crisis or opportunity that requires leaders to suddenly show up differently? “[If] employees have long been valued and rewarded for behaviors such as practicality, consistency, self-reliance, and prudence, why wouldn’t they find it uncomfortable to suddenly embrace behaviors such as innovation, agility, collaboration, and boldness?” They don’t get explicit about how this plays out when the disruption is related to identity and equity. But you can connect the dots.
HBR

Parting Words

“I just wanted to show people that it’s alright. We don’t need to close the store indefinitely. We know the store is still important to people in this area.”

—Zaire Goodman, who was shot as part of the racist attack at a Buffalo supermarket, in a remembrance ceremony on the one-year anniversary

This is the web version of raceAhead, Fortune's daily newsletter on race, culture, and inclusive leadership. To get it delivered daily to your inbox, sign up here.

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