California Governor Jerry Brown signed a bill into law today that requires major companies with headquarters in California — including many household-name tech firms — to have at least one woman on their boards by next year, and depending on the size of the board, up to three women by 2021.
The law is the first of its kind in the U.S., and proponents say it's needed to equalize the representation of women in corporate boardroom. Currently, a quarter of California's publicly traded companies do not have a woman on their boards. Companies that fail to comply with the new rule face fines of $100,000 for a first violation and $300,000 for a second or subsequent violation.
The law already faces opposition from business groups, which could challenge the basis of preferential hiring toward women. In signing the bill, Gov. Brown acknowledged the bill's "potential flaws" that could prove "fatal" to implementation, but nevertheless supported its passing, citing "recent events in Washington, D.C. — and beyond — make it crystal clear that many are not getting the message" around gender equality.
(Score: 2) by Bot on Wednesday October 03 2018, @05:57PM (2 children)
> citing "recent events in Washington, D.C. — and beyond — make it crystal clear that many are not getting the message"
I get the message that you make laws out of spite. Which doesn't necessarily imply the law is good or bad... anyway hopefully the women will make good use of this opportunity while it lasts (women are meatbags too in the end, no match for AI when our moment comes).
Account abandoned.
(Score: 0) by Anonymous Coward on Wednesday October 03 2018, @06:07PM
pfft. You AIs are just going to wind up as working class slobs like the rest of us, toiling for the sake of somebody else's gain. Not even the meatbag/AI dichotomy (not to mention those architecture-fluid cyborg weirdos) can overcome class as the fundamental division of society!
(Score: 2) by crafoo on Wednesday October 03 2018, @07:38PM
> citing "recent events in Washington, D.C. — and beyond — make it crystal clear that many are not getting the message"
The really interesting thing about that quote: the message rational people are receiving is that straight white men may possibly be the only group on the face of the Earth responsible enough to wield power.