As I continue to build TBTNews into a major digital media platform, I'm reminded how important it is for my community to understand the significant of being invested in the Tech Revolution.
Building wealth is one of my three primary objectives (Fatherhood and Mentoring) are the other two of the three. Over the last ten years the tech industry has been the main creator of wealth accumulation and job creation. The Technology Revolution has truly changed the world where we live, work and play. And today it seems that most of our lives are completely embedded in some form of digital mechanism. And it's predicted that over the next ten years, technology will propel everything in our lives.
The question for me is how many black folks will be involved in this ever-changing and emerging wealth building machine that will create over 5 million new jobs. Look at the new spaceship designed headquarters Apple has built to house its present employees and its tens of thousands of anticipated new hires. As Facebook continues to have massive growth, they're in constant hiring mode; along with Google, Youtube, Amazon, Twitter and Microsoft. Each of these tech companies have committed to hiring over one half-million people in the next 2 - 3 years.
I wanna know where are the black tech giants in my community that will hire from their communities as this enormous tech growth is being planned? I've had several meetings with a number of Mayor Rahm Emanuel's close allies about select ways to create jobs and build tech companies within black communities on the west and south side of Chicago. They were interesting chat sessions--and all agreed that my plan was a solid way to create 100's if not 1,000's of jobs.
But as the months have gone by, not one of my presented strategies have come to life. Actually, Amazon has done exactly what I suggested to these rich and smart men and women who've I shared my thoughts with. And as Amazon, the leading e-commerce company in the world, has grown ten-fold over the last five-years, one of their biggest build-outs are the opening of call and distribution centers. Amazon just opened two new call centers in mainly white and rural areas. These two centers collectively hired 1,000 people at a rate of over $30 per hour.
I pleaded with Emanuel's team to have the Mayor use his leverage and friendship with innovators like Jeff Bezo (founder of Amazon) to partner with a group of black investors to turn several of these closed CPS schools into call centers. This would create 1,000's of well paying jobs if a black lead group owned 75% of a founded company and Amazon owned 25%. Amazon would reroute orders from 25% of its black zip codes to these two call centers (one on the west side and one on the south side).
I did the research and the numbers are incredible. Amazon receives over 10 million orders a year from black communities across the country. The numbers are astonishing on how much black folks spend ordering goods from Amazon each year. This would be a game changer in the tech industry and it would help build wealth in the black community from the creating of jobs and economic development by having these black investment groups own the majority of business being transmitted to the two call centers. These two companies would generate tens of millions of dollars in revenue, respectfully, for each partnered company.
I was ready to help build the two black owned tech companies and also the training facility to handle hundreds of workers who'll field the millions of calls that would come into these call centers. This is how we'll build wealth! This is what the Technology Revolution can do to build communities of color if we have ownership and the abilities to create middle-class wage paying jobs. We need to turn our attention away from being end users and begin thinking about producing innovative technology gadgets and platforms. Until the next edition...... Peace and One Love. I Write to Differ