CBX Daily 2/26/2024

Author

Stephone Coward
February 26, 2024

Today A.I could amplify racial biases in law enforcement and bring about challenges, but let’s start with how Black Americans are bearing the brunt with the climate changes…

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Climate Change's Fury: A Peek Into Black America's Struggle

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The severity of the economic impact that Black folks are experiencing due to climate change cannot be hidden anymore. A report published by the McKinsey Institute for Black Economic Mobility stated that Black Americans are disproportionately exposed to environmental health risks. Black people are roughly 75% more likely to reside in neighborhoods near high-emission or toxic industrial processes. This subjects them to air pollution levels that surpass equitable standards by at least 56%.

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.

Vibes of the Week

Is it "Power“ or resilience when it comes to Black America’s climate story? Rapsody, Kendrick Lamar and Lance Skiiiwalker in our CBX Vibes!