For example, according to a recent McKinsey study, Black Americans are 10% more likely to be working jobs slated for AI automation.
If current trends hold, the new wealth created by GenAI alone will increase the racial wealth gap by $43 billion annually, according to McKinsey.
That begins with infrastructure that supports AI enablement for all, including education on AI tools, access to the internet and power to compute.
SFI has been working hard to close the digital divide in Black communities, including Historically Black Colleges and Universities (HBCUs), 82% of which reside in broadband deserts.
This work is bridging access gaps and ensuring that underrepresented talent thrives in the rapidly growing and in-demand field of AI.
Persons:
Goldman Sachs, GenAI, Robert Solow, SFI
Organizations:
Istock, McKinsey, Initiative, Black Colleges, Universities, Vista Equity Partners, Morehouse College
Locations:
U.S, Black