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Today, corporations pick skills over academics, but let’s start with how artificial intelligence is staking high on equity and energetics…

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Why Generative AI Has A $43 Billion Price Tag On Equity & Energy  

CBX Vibe

As the world increasingly relies on artificial intelligence, we must examine its implications for society. 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. 

Skills-Based Hiring Is The New Frontier In Corporate Recruitment         

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Citigroup is making a major change to its hiring strategy, scrapping its Diversity, Equity, and Inclusion (DEI) goals in favor of a skills-based recruitment model. The move aims to broaden the company’s talent pool by emphasizing candidates' competencies over traditional diversity metrics. A recent survey found that more than 80% of companies have adopted skills-based hiring practices, a significant increase from previous years. 

Exploring Digital Banks Deep Dive Into Niche Underserved Markets       

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As a number of neobanks, also known as digital banks, come online they are building products catered to very specific markets. When you consider the Black community makes up 30% of the underbanked group in the U.S., according to the Federal Deposit Insurance Corporation, neobanks can be a real game-changer for this demographic. Is it possible for these new digital banks to make a measurable impact on financial inequality and address issues of access, fairness, and fees that have often had a discriminatory legacy? 

Tune-in Tuesdays!

China has imposed reciprocal tariffs on imports of U.S. goods in retaliation to Trump’s trade war. Is this a strategic move to achieve common ground, or does it risk further escalating the trade conflict?

A. "Hard Place" by H.E.R. – China’s tariffs could backfire, further isolating its economy from the global market and leading to more economic pain for both the U.S. and China as the trade war drags on
B. "No Role Modelz" by J. Cole – Both sides are playing by their own rules without considering the long-term consequences, potentially hurting both economies
C. "Stay" by Rihanna ft. Mikky Ekko – China’s tariffs might be the nudge the U.S. needs to realize that the trade war isn’t just one-sided and that compromise might be the only way to avoid further damage

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

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Last week’s results are in and it’s seems consumers think X’s sale is one of Musk’s ‘Bad Decisions’

A Billion-Dollar Milestone For Women’s Elite Sports In 2025     

CBX Vibe:

It's been a long time coming but it looks like women's sports is receiving the much-awaited recognition and commensurate investment if the recent revenue projections are anything to go by. Just last year, women's elite sports was projected to hit a revenue of $1.28 billion but surpassed and hit $1.88 billion. And this is not just a one-hit wonder. Women's elite sports revenue has been on a steady rise over the last four years amounting to 240%. 

U.S. Consumer Confidence Slides Down 15%   

CBX Vibe:

Money talks, and right now Americans aren't feeling confident about their financial future. Consumer confidence numbers crashed to 92.9 for March 2024, hitting lows not seen since early 2021. The numbers paint a stark picture. While unemployment sits at a seemingly healthy 4.2%, over half of consumers view the economy through a negative lens. 

Vibes of the Week

Generative AI has a “Sky’s the Limit” price tag on equity and energy, as told by The Notorious B.I.G. and 112 in our CBX Vibes!