CBX Daily 6/7/2024

Author

Majella Mark
June 07, 2024

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Today Gen Z and A.I influencers are battling on who reigns supreme, but let’s start with how Black frontiers have big dreams of shaping the green scene…

Cultural Intelligence Download

Black Frontiers Could Spark Environmental Enterprises In The $28.9 Billion Market

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There have long been concerns about the environment, specifically pertaining to the impact of Black people’s survival. African Americans have more exposure than white people to 13 out of 14 pollutants in the world causing asthma, lung disease, cancer and heart issues. Numerous businesses are focused on sustainable consciousness when showcasing their social responsibility, as the industry is expected to reach $28.9 billion by 2024. Even though global warming concerns may look a little different for Black people than the mainstream global movement, there is green to be made all around.

Gen Z’s Battle For Authenticity As A.I Influencers Take The Spotlight

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A significant change is happening in the fast-changing world of influencer marketing. Generation Z now have a new competitor: Artificial Intelligence. With 53% considering influencing as a viable career, this dream could soon be disrupted. AI influencers such as Lu do Magalu and Lil Miquela are becoming increasingly popular and are having a significant impact, reshaping the business and cultural dynamics of this growing industry.

Web3 Black Content Creators Could Change The Wealth Narrative

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Web3, let’s talk about it. It’s one of the most hyped terms in certain circles these days, but as is the case with many innovations, its meaning can feel nebulous. Kirby Porter, founder of New Game Labs and PLAY3RS, along with Amobi Okugo, former professional soccer player and founder of A Frugal Athlete, to unpack the Web3 creator economic upside on investing platform Public.com for Black creators. More than 34,000 new developers committed code to Web3 projects in 2023, according to Electric Capital’s 2023 Developer Report, meaning it’s plausible this could change the wealth narrative for Black content creators, in particular with the decentralized evolution of the internet.

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Transforming Data Into Revenue With MAS Global's Latino Talent Strategy 

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Harnessing the power of data to drive revenue is no longer a futuristic concept but a tangible reality for savvy entrepreneurs and innovative companies. With an eye on the transformative potential of data innovations, along with the integration of hybrid U.S. and Colombia agile Latino talent teams into these sectors, companies like MAS Global are proving to be a game changer. The collaborative opportunities between these countries and MAS Global emphasize how data synergies are catalyzing a new era of innovation and financial success.

The Tethered Tales Of America's High Rollers In A Financial Funk 

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It's a paradox how you can put high earner and financial strain in the same sentence but believe it or not, this is the reality of most Americans. In fact, the situation is shocking with 62% of Americans living paycheck to paycheck. 36% of this segment earn above $200,000. And despite being high earners, most of Americans in this group would be unable to cough up $1,000 in an emergency situation. This situation is very telling and proves that a high income does not translate to wealth.

Vibes of the Week

It’s all about sweet “Candy Paint” ventures in the eco market. Normani is back with an album and we’re loving it in our CBX Vibes!