CBX Daily 5/6/2024

Author

Jennifer Matthews
May 06, 2024

Today despair-driven deaths threaten Black lives’ existence, but let’s start with how A.I’s exploit has ignited a musical resistance…

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Artists Unite Against A.I's Exploitation In New Musical Takeover

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The intersection of technology and creativity has always been a defining characteristic of the music industry. However, with the advancements in artificial intelligence (AI), the line between innovation and exploitation is becoming increasingly blurry, raising concerns about the industry's future. In response to the potential misuse of AI, a coalition of more than 200 artists, including superstars Nicki Minaj and Billie Eilish, is demanding safeguards to protect their voices and identities from being commercially used without their consent, highlighting their vulnerability in this digital age.

Despair-Driven Mortalities Surge Among Blacks In New Shift

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A meticulous analysis of data reveals that despite a long-standing perception of suicidal deaths being predominantly prevalent in the White community, recent trends have seen a significant surge in Black communities. A decade ago, despair-driven deaths among Whites was approximately double that of Blacks, at 72.15 per 100,000 population compared to 36.24 per 100,000. Fast forward to 2022 and the rate for Blacks has tripled to a staggering 103.81 for every 100,000.

The UAE Is Capitalizing On Its Strategic Affair With Africa

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The UNCTAD's World Investment Report 2023 revealed a significant decline in Foreign Direct Investment (FDI) for Africa, dropping to $45 billion in 2022 from $80 billion in 2021, representing 3.5% of the global FDI. Despite this decrease, greenfield project announcements increased by 39%. Greenfield investments are often seen as a way for companies to enter new markets, gain access to local resources, or diversify operations and Africa saw substantial investment in megaprojects. With six of the top 15 projects worldwide valued at over $10 billion each.

Increasing ‘SureImpact’ Funding For Underserved Areas

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Social impacts are typically long-term, making it challenging to evaluate the success and effectiveness of initiatives in the short term. This can lead to misaligned expectations and difficulties in maintaining stakeholder support. Increased accountability and transparency in the grant making process is where SureImpact, a company demonstrating measurable tracking improvements in equity for underserved communities, is helping funders invest in the most effective programs and initiatives.

Majority Black Areas Are Major Catalysts For U.S. Startup Growth Up 198%

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Startups have taken off during the pandemic with majority Black areas playing a huge role in their success. A new report from Third Way found that in counties where over 75% of residents are Black, applications for new businesses increased 198%. The U.S. Census Bureau’s Business Formation Statistics data reveals the pandemic-era startup surge may have been more pronounced for minority entrepreneurs as the labor tide continues to shift.

Vibes of the Week

Artists are just “Tryna Make Sure” A.I doesn’t take over their creativity. Moneybagg Yo opening up our week with a bop. Get into it in our CBX Vibes!