The impact of generative AI on Black communities

Generative Artificial Intelligence (gen AI) has already initiated a seismic shift in work and value creation. A recent McKinsey report identified up to $4.4 trillion in potential global economic impact from gen AI across functions and industries. With gen AI in its infancy, organizations are just beginning to understand the potential of applying it to their own goals. As often happens, the advent of a new technology can create or exacerbate divides, including the racial wealth gap. This article explores how gen AI may affect Black communities and Black workers. While the technology has the potential to widen the racial gap, it’s also possible to shepherd this new technology in an inclusive way that not only yields equitable benefits for Black and other marginalized communities, but also accelerates the closure of the racial gap.