CBX Daily 2/23/2024

Author

Jonathan Ntege Lubwama
February 23, 2024

Today meet the Black entrepreneurs who keep America thriving, but let’s start with how A.I’s potential bias in law enforcement is brewing…

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Could Artificial Intelligence Fuel Racial Bias In Law Enforcement?

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In a disconcerting revelation, every individual erroneously apprehended due to the application of artificial intelligence (AI) facial recognition technology has been of African American descent. Police are increasingly using AI, but the technology is flawed and heavily biased towards people of color, according to a study by criminal justice experts. All of this is happening while the AI market is expected to hit around $2.57 billion by 2032, and big tech continues to warn of its dangers.

Black Entrepreneurs Who Are Architects Of America’s Prosperity

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Reflecting on the journeys of Black entrepreneurs underscores the enduring resilience and profound impact they have made on America's economic fabric. From Frank McWorter to Madam C.J. Walker to Robert F. Smith, and everyone in between, let’s explore the lives and legacies of the Black entrepreneurs who are redefining the essence of American prosperity.

Comcast's Billion-Dollar Bet On African Streaming With Showmax By 2028

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Comcast (CMCSA +0.41%) is getting its feet wet and tapping into the African market. This comes after a partnership with Multichoice where Comcast acquired a 30% share. Multichoice is Africa's biggest entertainment company where Showmax is an offspring. Showmax has quickly become Africa's favorite streaming platform and now sets its eyes on the $1B revenue mark in the next four years.

2024 Payoff: How HBCUs Are Empowering Black Graduates Financially

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Historically Black Colleges and Universities (HBCUs) are more than educational institutions; they're catalysts for empowerment, shaping futures that gleam with promise. HBCUs with the highest payoff in 2024 are leading the charge, with Hampton University, Spelman College and Xavier University of Louisiana. Embracing an HBCU education in 2024 means embracing an opportunity to amplify Black graduates careers and income prospects.

Why Are Black Influencers Paid 35% Less Than Their Counterparts?

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The pay gap between white influencers and BIPOC alone is an unmerited 29%, and there is no reason for this discrepancy beyond tokenism that suited the corporate agenda in 2020. Black creators know their gravitas, and yet are continually having their value undermined, leading to them to cancel the same social media platforms who are dependent on their content to fuel growth with the influencer marketing sector is expected to be worth $24 billion by the end of 2024.

Vibes of the Week

The "Bittersweet“ reality of A.I in amplifying injustices in law enforcement. Gunna reflects in our CBX Vibes!