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UID:167@quincyinst.org
DTSTART;TZID=America/New_York:20230927T110000
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URL:https://quincyinst.org/events/bankers-bombs-how-venture-capital-and-pr
 ivate-equity-are-feeding-the-military-industrial-complex/
SUMMARY:Bankers & Bombs: How Venture Capital and Private Equity are Feeding
  the Military Industrial Complex
DESCRIPTION:\nThis event was co-sponsored by Security in Context and the Mi
 ddle East Policy Forum at The George Washington University.\n\n\n\nTies be
 tween the financial sector and the weapons industry are not new. The very 
 first venture capital firm in the US was founded to profit from new techno
 logies developed for use in WWII\, and the role of military spending in tu
 rning Silicon Valley into a tech hub is well documented. But the rapid pro
 liferation in the number of VC and private equity firms investing in weapo
 ns and intelligence technologies is a more recent phenomenon. Firms like V
 eritas Capital\, Civitas Group\, and Paladin Capital specialize in steerin
 g more private capital into weapons development and pushing tech start-ups
  to develop military applications for their products.&nbsp\; And it isn’
 t just startups. Many large funds have divisions that combine the marquee 
 names and government contacts of high-ranking military and national securi
 ty retirees alongside asset managers who use their rolodexes of wealthy cl
 ients to raise capital for new defense-tech investments.&nbsp\; \n\n\n\nWi
 ll this surge of private investment in weapons technologies divert scarce 
 resources from addressing other urgent problems? Will it fast track the de
 velopment of high tech systems like robotic weapons controlled via artific
 ial intelligence that pose serious risks of automated killing outside of h
 uman control? And will it cement an alliance between the Pentagon\, arms m
 akers\, and Silicon Valley that could supersize the military-industrial co
 mplex and bring it unprecedented influence? \n\n\n\nTo address these quest
 ions and more\, QI held a discussion with&nbsp\; Shana Marshall\, associat
 e director of the Institute for Middle East Studies at The George Washingt
 on University\, Edward Ongweso Jr\, finance editor at Logic(s) magazine\, 
 and Jonathan Guyer\, senior foreign policy writer at Vox.&nbsp\;William Ha
 rtung\, senior research fellow at the Quincy Institute\, moderated.\n\n\n\
 n\nhttps://youtu.be/rbU-mhSbtL4\n\n\n\n\n\nDownload Transcript\n\n
ATTACH;FMTTYPE=image/jpeg:https://quincyinst-2.s3.amazonaws.com/wp-content
 /uploads/2024/01/17204920/shutterstock_2224280417-2-jpg.webp
CATEGORIES:Webinar
LOCATION:https://quincyinst.org/wp-content/uploads/2023/09/Bankers-Bombs_-H
 ow-Venture-Capital-and-Private-Equity-are-Feeding-the-Military-Industrial-
 Complex.docx
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