Thursday, August 22, 2019

Epstein donations to MIT Media Lab Cause Fallout

NYTimes details how two professors at MIT Media Lab are leaving the organization. They are disappointed that the director accepted money from Jeffrey Epstein for the Lab. 

From the story: "The planned departures follow an apology by Mr. Ito posted on the M.I.T. Media Lab website on Aug. 15. “In my fund-raising efforts for M.I.T. Media Lab, I invited him to the lab and visited several of his residences,” Mr. Ito said in the statement. “I want you to know that in all of my interactions with Epstein, I was never involved in, never heard him talk about and never saw any evidence of the horrific acts that he was accused of.”

Only noting because of the connection to the travails of nonprofits that take money from tainted sources. Discussed this problematic theme with some board directors to be one time and found that a number of them could not understand the problem. Money is money they said.  Rhodri Davis has a nice tweet thread on this that is worth a view. His bottom line is you cannot do good with bad money - it's a real problem.

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