Small Business "Backbone" Podcast

Small Business "Backbone" Podcast

por Frank Knapp
Temporada 2
Tired of high electric bills? Expert talks about plug-in solar.
Cora Stryker, co-founder of the non-profit Bright Saver, talked with podcast host Frank Knapp about how rooftop solar is not possible for 70% of Americans. That means that they can’t lower their electric bills by tapping into solar. Bright Saver has a solution—plug-in (balcony) solar—which can lower the cost of solar for the consumer. Stryker describes how this type of solar works, the largest plug-in solar units (360-watt for $414) can generate enough electricity to power a refrigerator, router and TV all at the same time. Bright Saver is selling these solar systems at cost to promote solar energy to the masses. The payoff on the units is around two years. After that, the electricity produced is free. Stryker has created a promotion code to get a small discount for those who want to become a member ($29 a year) of Bright Saver and be eligible to purchase a plug-in solar system at cost. Go to brightsaver.org and use the South Carolina promotion code SCsmallbusiness.
Energy expert expresses concerns about Santee Cooper's proposed rate hikes
Santee Cooper, South Carolina’s state-owned utility, is proposing rate increases for all its customers. Those increases for residential customers would be 4.7% in 2027 and 4.8% in 2018. Taylor Allred, State Energy & Climate Program Director at the S.C. Coastal Conservation League, talks with podcast host Frank Knapp about the problems with the Santee Cooper procedure for enacting rate hikes. Allred expresses concerns that Santee Cooper does not invest enough money in low-income housing energy efficiency that has a net positive impact on the utility’s energy expenditures. He also talks about the problem of Santee Cooper charging customers for on-going construction projects instead of waiting until that generation facility is in use as investor-owned utilities are required to do. Taylor also talks about the complicated Santee Cooper’s publicly available data and how it is impossible for small businesses to estimate what their rate increase will be. He also criticizes the utility’s rate structure that he says is unfair to residential consumers and benefits the industrial class.
Small business warned about AI tools liability
Wesley Henderson, Charleston-based business attorney, talks with podcast the host, Frank Knapp, about the need for small businesses to realize that they can be held legally responsible for the AI tools that they use. Henderson points out that Chatbots are not perfect and businesses will be held legally responsible for their mistakes. He provides examples of problems and emphasizes how the products of AI tools must be reviewed. “You still have to have humans as supervisors”, warns Henderson.
Many SC small towns are on a "Roster of Shame" for corruption, mismanagement and infighting
Tony Bartelme, senior projects reporter for the Charleston Post and Courier talked with podcast host Frank Knapp about his latest series of investigative reports called Townfall. He created a Roster of Shame list of 120 South Carolina towns and municipalities that have experienced various problems ranging from embezzlement to corruption to misconduct to mismanagement. Bartelme said that the common theme in most of these towns is they are not doing their basic financial analysis and audits in spite of state law requiring towns to do independent auditing and submitting these to the state. Towns included in these “accountability deserts”, resulting largely from mismanagement, allow for corruption, waste, questionable conduct and infighting. Bartelme talks about Elloree, SC, as an example of the problem. He points out that 23 states monitor and respond to their local governments in fiscal distress. But South Carolina does not. He illustrates how North Carolina’s Local Government Commission has done a good job helping their towns in trouble get back on track. Bartelme believes that good governance at the local level is essential for economic development in these rural and underserved communities.
GOP Gubernatorial candidate, Rom Reddy, warns of the danger of corporate money in elections
Rom Reddy said that he has lived the true American dream. He immigrated from India as a teenager, graduated from the University of Pennsylvania’s Wharton School of Business, working in the corporate world, becoming a business owner and ran for Governor of South Carolina this year. While he was not successful in his Gubernatorial campaign, Mr. Reddy tells the podcast host, Frank Knapp, the experience opened his eyes to problem of negative campaigning, and he saw politics bring out the real evil in people. Mr. Reddy talks about his opposition to data centers because they do not create jobs while raising the costs for consumers. He cites the primary reason South Carolina has not passed regulations on data centers is the large amount of “dark money” from the data center industry flowing through Political Acton Committees to support candidates from the state to the local level. He calls the system “corrupt” and says that if we don’t fix it, “we the citizen will forever be lost.” Mr. Reddy announced that starting September 1st, he is launching a podcast called “The Reddy Room”. He plans on interviewing national politicians and experts on important issues.
Gubernatorial candidate Nancy Mace ready to take on data centers
SC Congresswoman Nancy Mace spoke with Small Business “Backbone” Podcast host Frank Knapp about what she intends to do about data centers if she is elected Governor. She says that she has heard from a lot of people across South Carolina that they are against data centers and that they don’t think that their voices are being heard. Congresswoman Mace severely criticized one of the Senate bills, offered this past legislative session to supposed to regulate data centers, saying that it did not protect ratepayers. She said that the failure of the legislature to pass meaningful data center regulations was a result of “doing what we’ve always done, which is nothing.” If elected, Congresswoman Mace said that she will be very involved in the data center issue and that she would personally wright the bill.
New report sheds negative light on South Carolina transparency on data center incentives
Anthony Elmo, Public Education Defender for Good Jobs First, a national organization founded in 1998 that fights for transparency around public money used for economic development purposes. His organization pushes back on corporate welfare, he told podcast host Frank Knapp. Elmo’s organization cites data center tax abatement as one of their concerns, especially because it results in public schools losing tax revenue. In South Carolina, the estimate is upwards of $500 million in funding not going to schools. Good Jobs First recently released a report, “Data Center Tax Abatements. Why States and Localities Must Disclose These Soaring Revenue Losses”, which identifies 14 states that offer incentives to data centers yet do not disclose how much tax incentives are going to data center projects. South Carolina is one of those states. The conversation covered recent efforts in the South Carolina legislature to regulate data center development and at least get one year disclosures of data centers tax incentive used and their water consumption.
Senator Leber on needed AI regulations: The longer we ignore it, the harder the fight is going to be.
Charleston Senator Matt Leber has worked in the SC House and now in the Senate to push legislation to regulate Artificial Intelligence. He talked with podcast host, Frank Knapp, about how he has sponsored bills that address guardrails on chatbots, computer programs that pose as humans to engage AI users in conversations online. These computer-driven chatbot conversations have been responsible for suicides and other self-harm, harm to others, sexual exploitation, anxiety, depression and other negative consequences. Chatbots also collect sensitive personal information that is then used for targeted advertising. Senator Leber’s bill addresses the above problems and importantly seeks to hold AI to product-liability laws. Senator Leber believes that we are facing a real battle for our dignity, for our personal rights and for being stakeholders for our children. The longer we ignore this problem, he says, the harder the fight is going to be.
Senator Kennedy pushes for small business property tax relief
Senator Carlisle Kennedy of Lexington County believes that helping small business owners should be a priority for the state legislature. While big businesses, with their out-of-state ownership and shareholders, often get the tax breaks and other state incentives, Senator Kennedy tells podcast host Frank Knapp that he wants to focus on in-state small business owners who are the heart of communities. Senator Kennedy's efforts have been to reduce the business property taxes owed by a small businesses. His first bill 2024 would have reduced the fair market value of business property owned by a small business. He has just introduced a new version of that bill that would give a $10,000 tax credit on business property owned by a small business. He argues that reducing property tax on small businesses will wind up providing more tax revenue for counties because that money will be spent in their local economies.
Deepfake expert has warning for all politicians
Professor Siwei Lyu, University of Buffalo, started his research on detecting computer manipulated images and audio 26 years ago. Then in 2017 Artificial Intelligence (AI) came on the scene and he was both excited and concerned. The ability to produce realistic deepfake manipulated images, videos and audio exploded. Professor Lyu told podcast host Frank Knapp that detecting deepfakes will no longer be possible by individuals and institutions. Only sophisticated technical examinations will be able to detect deepfakes. The tools to create deepfakes are easy to obtain and even people with no computer education, including teenagers, can easily be deepfake creators. Professor Lyu has a warning for all politicians regardless of partisan affiliation. Politicians are particularly vulnerable to deepfakes because of the amount of public video, images, and audio of them. Professor Lyu’s computer lab has created a free online platform for deepfake detection, the Deepfake-O-Meter. However, he believes that there should be legal requirements for AI generated deepfakes to be labeled, including both visual and audio warnings as well as watermarking of all AI generated deepfakes. Such state and federal laws would reduce, but not eliminate, the number of deepfakes being generated and hold deepfake creators legally accountable for the labeling.
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