Some 38 million people live in poverty in this country – nearly 12 percent of the population. The problem remains especially bad in New York City, where the poverty level among kids alone has jumped 66% since 2021. The Robin Hood Foundation has provided millions of dollars of grants to fight poverty in New York for more than 3 decades. Now, its CEO says the foundation famous for using investment principles to tackle poverty is enlisting AI in the fight.

Niala spoke with Rich Buery Wednesday live on stage at the Axios AI+ Summit, part of New York Tech Week.

Guests: Rich Buery, Jr., CEO of the Robin Hood Foundation

Credits: 1 big thing is produced by Niala Boodhoo, Alexandra Botti, and Jay Cowit. Music is composed by Alex Sugiura and Jay Cowit. You can reach us at [email protected]. You can send questions, comments and story ideas as a text or voice memo to Niala at 202-918-4893.