CBX Daily 2/14/2025

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CultureBanx Team
February 14, 2025

Today, ethics at Google no longer shine bright, but let’s start with how romance cons are leaving wallets light…

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Tough Love Leaves Americans Scammed Out Of $1.3 Billion

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Keep your hearts three stacks because fraudsters carried out romance scams on the largest scale ever. These people preying on love and the lonely had more than 60,000 people report a romance scam to the FTC, with losses rising from $547 million in 2021 to $1.14 billion in 2023. The median individual reporting a loss of $2,000. Some common targets are vulnerable people over 50, often women, this leaves many wondering how much does love actually cost.

Google Reneges On Its AI Promises On Arms & Surveillance  

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Well, that was short-lived. Google (GOOG -3.19%) just hit the CTRL + Z buttons on a previous pledge to refrain from using AI in weapon development and surveillance. The dangers of allowing AI to surveil people without their consent are far reaching. With AI racial biases is law enforcement already picking up the pace and heavily affecting the minorities, this could be a major blowback that exacerbates the misuse of technology to infringe on people's rights.

Unpacking Generative AI's $43 Billion Price Tag On Equity & Energy  

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As the world increasingly relies on artificial intelligence, we must examine its implications for society, mainly through the lens of the Black community. Training large language models, such as OpenAI's GPT, demands enormous energy resources—nearly 1,300 megawatt-hours per model, equivalent to the annual electricity consumption of approximately 130 U.S. homes. With generative AI potentially consuming up to 33 times more energy than task-specific software, we are facing an environmental and societal crisis.

Tune-in Tuesdays!

Trump may be shooting himself in the foot with his immigration raid as he is overlooking a looming global crisis–the growing shortage of workers. Will these actions exacerbate the labor gap, or will they force a rethinking of how to manage workforce needs?

A. "Work" by Rihanna – The labor shortage is a challenge, but it's also an opportunity for resilience and innovation. This could push industries to think outside the box and adapt through technology and automation
B. "Changes" by Savara – This is a wake-up call for a need to build new pathways and structures to bring in workers who can help sustain economies, rather than shutting the door
C. "Lean on Me" by Kirk Franklin – The pressure to reduce immigration might seem like a solution, but in reality, it's unsustainable. The loss of migrant workers could drive the nation into crisis as businesses and infrastructure crumble under the weight of labor shortages

What are your thoughts on this? Tune in next Tuesday to see which jam captures the prevailing sentiment!

A  |  B  |  C

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Last week’s results are in and it looks like Africa needs to show the world that you ‘Can’t Hold Us Down’

Pop Queens Take Over The Music Industry With Streams In Trillions  

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The global music industry experienced a groundbreaking year in 2024, with total music streams hitting nearly 5 trillion, marking a 14% increase from the previous year. Who led this boom? Women. The remarkable performance of female pop artists who consistently topped U.S. music charts, like Taylor Swift, Sabrina Carpenter, and Beyoncé, commanded the spotlight, with their music dominating streaming platforms for an impressive 34 weeks in 2024 .

Pro Athletes' Moms Create Silent Investment Management Network  

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Mother-child partnerships in professional sports and entertainment are reshaping the investment scene. Now a trailblazing network of professional athletes' mothers, League of Industry Moms, is changing how silent investment partners are shaping the way wealth management works in sports. These maternal figures serve as vital guardians for these elite performers' financial futures, as a hidden force behind many multi-million dollar deals.

Vibes of the Week

Love is not leaving any ”Beautiful Scars” with scams on the rise. Will Smith, Big Sean, and OBanga expound in our CBX Vibes!