Tag Archives: technology

Getty Images and Ancestry’s HBCU Archive Deal Exposes HBCUs’ Fundamental Misunderstanding of Data Sovereignty

“We keep showing up to the battlefield with a basket of flowers.” — William A. Foster, IV

HBCUs handed their irreplaceable institutional memory to outside companies for safekeeping. One of those companies just used that same catalog to rebuild itself inside ChatGPT while independent research shows the AI systems now being enriched by Black archives are covertly programmed to penalize Black people.

There is an old story about a village whose elders grew afraid that flood and fire would one day erase the ledger of who belonged to whom — the births, the marriages, the boundary lines drawn generations back by people long dead. A traveling scribe arrived offering to copy every page into his own great book, free of charge, so the village would never lose its memory again. The elders kept the original ledger. They were told they would always own it. What no one thought to ask was what the scribe’s book would become once it left the village gate. Years later, a tax collector arrived in a province three days’ ride away, carrying not muskets but the scribe’s ledger, now bound into a registry used to determine who owed what, who could travel where, and who did not count. The village’s own lineage, copied in good faith for safekeeping, had become the very instrument used to sort and diminish its descendants. The ledger had not simply failed to enrich the village. It had been turned against it.

This is the bind a number of HBCUs may be walking into, mostly by continued naivety, through the digitization of their archives.

In 2025, Getty Images, through its HBCU Grants Program, announced a partnership with the genealogy company Ancestry to digitize historical records from historically Black colleges and universities of yearbooks, newsletters, student records, newspaper archives beyond the more than 10,000 photographs already collected in Getty’s HBCU Collection. Lincoln University was the first to join. The terms, as reported, were generous on their face: participating schools retain copyright to their print and digitized materials, earn revenue from licensing fees, and gain campuswide access to Ancestry’s genealogical platform. Framed this way, it reads as a preservation story, a corporate partner using its infrastructure to protect what fire, time, and underfunded archives could not.

But preservation was never the only thing being built. Getty Images is not a nonprofit archive. It is a publicly traded visual content marketplace that has spent the better part of three years suing AI companies over unlicensed use of its catalog, watching its core stock-photo business get hollowed out by generative tools that let anyone create a usable image on demand rather than license one. Getty’s first-quarter 2026 revenue came in below analyst estimates, and its creative-licensing revenue was falling year over year. The company needed a new identity. On June 21, 2026, it found one: a multi-year display partnership with OpenAI that puts Getty’s licensed content libraries; the same libraries that now include digitized HBCU yearbooks, student records, and institutional photography into the search and discovery experiences inside ChatGPT. Getty’s stock price roughly tripled within a day of the announcement.

That reinvention is happening because the alternative may be liquidation. Getty carries roughly $1.3 billion in debt against an image library whose value analysts describe as melting in the face of AI-generated competition. Its equity is valued at a fraction of its enterprise value, its profits have declined for five consecutive years, and in March 2026 the company received a formal noncompliance notice from the New York Stock Exchange. It has already tried an NFT pivot that collapsed and is now weighing a contested merger with Shutterstock, still under review by UK regulators. Coverage describing the company as on the brink of bankruptcy predates the OpenAI deal by three months. That context matters for HBCUs specifically: the digitized yearbooks, student records, and institutional photography now sit inside the licensed-content library of a financially distressed public company. Retaining copyright to the underlying documents does not give HBCUs any say over what happens to the surrounding infrastructure — the platform, the licensing relationships, the curated “HBCU Collection” itself — if Getty enters bankruptcy proceedings or completes a merger. That infrastructure is a balance-sheet asset, and balance-sheet assets get sold to creditors, folded into acquiring companies, or restructured on terms set by people who have never been in a room with an HBCU archivist. An institution that signs a preservation agreement with a company this fragile is not just dependent on that company’s strategic choices. It is dependent on that company’s solvency.

The companies have been careful to describe this as a display and discovery deal, not a training deal; Getty’s images, the reporting insists, will not be folded into OpenAI’s model weights, only surfaced with attribution when ChatGPT users search for visuals. That distinction matters to lawyers. It should matter much less to HBCU trustees, foundations, and general counsels, because the relevant question was never whether Getty’s catalog would train a model somewhere down the line. The relevant question is who decided that the digitized memory of Black institutions would become inventory in Getty’s strategic reinvention as, in its own framing, “a licensed content layer AI companies need” and what HBCUs received, structurally, for being part of that reinvention. The answer, as far as the public record shows, is a flat licensing fee and a consumer genealogy subscription. No equity in Getty’s repositioning. No board seat. No audit rights over how, where, or alongside what the material now appears. The asset HBCUs were told they would always own quietly became someone else’s turnaround story, and the schools found out the way everyone else did from a press release.

What makes this more than a licensing-terms dispute is what independent researchers have already documented about the systems now being enriched by this material. A 2024 Nature study out of Stanford and the University of Chicago led by Valentin Hofmann, Pratyusha Ria Kalluri, Dan Jurafsky, and Sharese King found that major large language models, including multiple generations of OpenAI’s GPT family, exhibit what the researchers call covert racism against speakers of African American English. Using a matched-guise method, the team found these models were significantly more likely to associate text written in African American English with archaic, pre–Civil Rights-era stereotypes calling the speaker lazy, stupid, ignorant, or dirty even while the same models gave warm, positive answers when asked directly about Black people. The covert bias did not shrink as the models got bigger or newer; in the researchers’ findings, it grew. And the harms were not abstract: in their experiments, models assigned speakers of African American English to lower-prestige jobs, convicted them of crimes more often, and recommended the death penalty over a life sentence more often than for speakers of Standard American English describing the identical act.

A separate technical review published in MIT’s Data Intelligence journal catalogs the broader structural problems with ChatGPT-class systems: a documented tendency to hallucinate confident, fabricated text; an originality problem serious enough that plagiarism-detection studies have found unacceptable similarity rates in a meaningful share of AI-generated academic work; unresolved copyright questions stemming from training data whose provenance OpenAI has never fully disclosed; and privacy risks tied to large-scale, loosely governed data ingestion. None of this is fringe criticism. It is the peer-reviewed and institutionally published baseline understanding of the technology now being handed a new discovery surface built, in part, from Black institutional archives.

Put plainly: HBCUs digitized their history to protect it from being lost, and a meaningful slice of that history is now circulating through the search layer of a system independently shown to encode the exact stereotypes (laziness, criminality, low worth) that HBCUs were founded to refute. The ledger did not just fail to enrich the village. It is sitting inside the registry now used against it.

This was avoidable, and the proof is that a Black-owned alternative already exists in the exact lane Ancestry occupies. African Ancestry has spent more than two decades helping people of African descent trace their lineage to a specific present-day African country and ethnic group through DNA testing; the precise genealogical mission Ancestry was brought in to serve, built and owned by people with every incentive to govern HBCU lineage data the way HBCUs would govern it themselves. No HBCU digitization announcement to date has named African Ancestry as a structural partner, a data steward, or an equity participant in a Black-owned genealogical and archival infrastructure built to HBCU specifications. The capacity was never the obstacle. The question, as with every partnership in this recurring pattern, is whether HBCU leadership thought to ask why the steward of last resort had to be someone else’s company.

This is also not a new pattern dressed up in new technology. HBCUs have shown a consistent institutional habit of treating partnerships with well-resourced outside companies as wins in themselves, without pricing in what happens to the asset — money, talent, or in this case memory — once it leaves campus. The same logic that sends institutional banking relationships, construction contracts, and real estate partnerships to non-Black firms with larger marketing budgets sent HBCU archives to the largest visual-content company in the world rather than to a coalition of Black-owned archival, genealogical, and data-infrastructure firms capitalized for exactly that purpose. The difference with data is that the leak compounds. A dollar spent with a non-Black vendor leaves the ecosystem once. A digitized archive licensed into someone else’s AI strategy can be relicensed, redisplayed, and repackaged indefinitely, generating value on every future turn that the originating institution has no claim to and, increasingly, no visibility into.

None of this is an argument for refusing digitization, or for sentimental attachment to physical archives that fire and flood will eventually win against. It is an argument for treating institutional data exactly like institutional capital, because that is what it now is. HBCUs that have already signed digitization agreements should have counsel audit every one of them for downstream-licensing clauses; the fine print that allows a partner to relicense, redisplay, or repurpose institutional material in deals the school never approved and was never asked about. Future agreements should require consent and compensation for any second-order use, equity or revenue-share participation rather than flat fees, and standing audit rights over how AI systems trained on or surfacing institutional content treat Black subjects, Black history, and Black language. And HBCUs sitting on irreplaceable archives should be capitalizing Black-owned digital infrastructure, African Ancestry among the obvious candidates, to build the stewardship capacity that makes a Getty Images necessary in the first place, rather than discovering, after the fact, what their memory was worth to someone else.

The scribe’s ledger is already out of the village. The only remaining question is who governs what it becomes next.

Disclaimer: This article was assisted by ClaudeAI.

The Highest Paying Dividend Index ETFs For Your 2017 Portfolio – Sector By Sector

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Investing can be a daunting affair for first timers or newbies and yes, even experts, but the rise of ETFs (exchange traded funds) have made the access to traditionally expensive mutual funds much easier to secure for those with smaller accounts or limited investment knowledge. How can I be invested while reducing my risk? This both a financial question and a knowledge one. We believe the answer is to own every sector through an index ETF. Indexes are passively managed, meaning they are set and left to the fundamentals of the markets and economies they serve. These index ETFs usually have much cheaper expense ratios because of their passive management making it easier for investors, beginners and experts alike, to not see their gains eaten away by inundated fees often tacked on by active managers. There is now enough research after decades of tracking to show by the likes of John Bogle, founder of Vanguard, and others in the passively managed space that index ETFs and mutual funds far outperform their actively managed counterparts.

On top of that, there is the consideration of dividend or investment income. Dividends are money paid out by companies usually on a quarterly basis from a company’s ongoing operating income. It should be noted that not all companies pay dividends. However, in ETFs because they hold a myriad of companies there is a higher probability that there will be dividends present. Dividends help households reduce the income risk of job loss. This is how many wealthy households even during recessions are able to maintain and how many pay far less in taxes. Of the three incomes (earned, passive, investment), it is earned income, or the income we get up and go to work for everyday that is taxed at the highest rate. No matter how much you earn, your dividend tax rate is never above 20 percent versus a high of almost 40 percent in earned income tax rate, so more income from dividends is always advantageous.

Our list was calculated by taking the three lowest expense ratios of ETFs by sector according to the website ETF Database’s screener. Once those were identified we looked at the dividend yield that each ETF was paying and subtracted the expense ratio. This would appear in a calculation as nominal dividend yield minus expense ratio equals real dividend yield and there would be our winner for 2017. It should be noted that dividends are not fixed and companies can reduce or increase them as they sit fit, usually based on a company’s financial health.

You can buy this list and know that you are well diversified across every sector of the economy and will be receiving dividend payments along the way. If you really want to simply things, just head over to the Motif Investing platform and buy the All-Sector ETF of ETFs Motif, which is each of these ETFs below in one security and constructed by HBCU Money. Click here to find out more.

BASIC MATERIALS

Ticker Symbol: XLB

Issuer: State Street

Real Annual Dividend Yield: 1.80%

Annual Dividend: $0.97 / share

consumer goods

Ticker Symbol: FSTA

Issuer: Fidelity

Real Annual Dividend Yield: 2.45%

Annual Dividend: $0.79 / share

financial

Ticker Symbol: FNCL

Issuer: Fidelity

Real Annual Dividend Yield: 1.73%

Annual Dividend: $0.63 / share

healthcare

Ticker Symbol: XLV

Issuer: State Street

Real Annual Dividend Yield: 1.45%

Annual Dividend: $1.11 / share

industrial goods

Ticker Symbol: XLI

Issuer: State Street

Real Annual Dividend Yield: 1.92%

Annual Dividend: $1.29 / share

services

Ticker Symbol: XLY

Issuer: State Street

Real Annual Dividend Yield: 1.56%

Annual Dividend: $1.39 / share

technology

Ticker Symbol: XLK

Issuer: State Street

Real Annual Dividend Yield: 1.61%

Annual Dividend: $0.84 / share

utilities (tIE)

Ticker Symbol: XLU

Issuer: State Street

Real Annual Dividend Yield: 3.27%

Annual Dividend: $1.66 / share

Ticker Symbol: FUTY

Issuer: Fidelity

Real Annual Dividend Yield: 3.27%

Annual Dividend: $1.06 / share

real estate

Ticker Symbol: VNQ

Issuer: Vanguard

Real Annual Dividend Yield: 4.70%

Annual Dividend: $3.98 / share

Disclaimer: This article is in no way financial or investment advice. Each person’s investment and tax needs vary. Please consult your financial adviser or CPA before making any decisions. HBCU Money, its staff, or ownership has no holdings in any of the aforementioned investments. 

HBCU Money™ Business Book Feature – Alone Together: Why We Expect More from Technology and Less from Each Other

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Technology has become the architect of our intimacies. Online, we fall prey to the illusion of companionship, gathering thousands of Twitter and Facebook friends and confusing tweets and wall posts with authentic communication. But, as MIT technology and society specialist Sherry Turkle argues, this relentless connection leads to a new solitude. As technology ramps up, our emotional lives ramp down. Alone Together is the result of Turkle’s nearly fifteen-year exploration of our lives on the digital terrain. Based on hundreds of interviews, it describes new unsettling relationships between friends, lovers, parents, and children, and new instabilities in how we understand privacy and community, intimacy, and solitude.

Dell Buys Research In Motion – In My Dreams

William A. Foster, IV

All is for the best in the best of possible worlds.  — Voltaire

On Friday we watched the Apple (AAPL) insanity behind the IPad 3 consume the world. In New York it was reported a man flew from Brazil and waited 30 hours in line to buy his IPad 3 because they would not be released in Brazil for another 2 months. I would love for someone to name me the last time any sense of this type of excitement or euphoria surrounded a Dell (DELL) product or Research In Motion’s (RIMM) release of a Blackberry. I dare say waiting on that answer might require me to as the Snickers commercial says “Not going anywhere for awhile?”

There are so many issues for both of these companies that its honestly scary to even try and begin to name them. The people at Dell can’t possibly tell me that they have not observed how a company like Apple, once on the brink of collapse, has not only surpassed them but is now worth —- wait for it —- a market cap 18 times Dell and is now the world’s most valuable company at over half a trillion dollars. I can’t even remember the last time anyone told me they were considering buying a Dell. To say Michael Dell is no Steve Jobs is like saying Evander Holyfield is no Muhammad Ali. On the other side the Research In Motion leadership does not want to accept that its strategy and course of action simply isn’t working, flawed, misguided, and a number of other adjectives that all lead to the same place. Research In Motion made the fatal mistake believing it needed to get into the consumer/retail to compete with Apple and other smart phone makers instead of securing its place in the small business and enterprise (SBE) sector. It also failed to invest in a processor that provides a much faster interaction with the Blackberry device.

Both Dell and Research In Motion missed a great opportunity to create the cult and vertical integration in the small business and enterprise sector that Apple has created on the consumer side. A merger would really allow an exciting and global opportunity to vertically integrate the SBE sector onto the Research In Motion platform for its mobile device and Playbook tablet which could be transferred onto the Dell desktop and laptop systems.  This in turn would allow Dell to get out of the consumer and retail business itself and have both companies focus on serving the SBE sector solely and be a leader in emerging markets like China, India, and Africa who are experiencing booms in business creation. Dell could break itself of the Windows platform and the new company could then focus its R&D on the Blackberry processor which greatly needs improvement and marketing in which it could sell itself as the most secure SBE hardware company on the planet based on the Blackberry platform which could be implemented into Dell’s hardware.

These two companies could create the SBE sector version of Apple. Fully integrated with customers who want the complete ecosystem of products within it and pander for release of the next product that makes their lives easier as business people. Unfortunately, I’m not sure that the leadership at either company would be creative enough to create exciting new business products anymore than I believe they’d have enough imagination to see why they need each other and are destined to become relics in their industries. They’ll continue to try and be jack of all trades companies attempting to appease both consumer and SBE customers and masters of neither.

Disclaimer: There is no ownership of Apple, Dell, or Research In Motion by myself, my business, or my family as of this article’s publishing.

Mr. Foster is the Interim Executive Director of HBCU Endowment Foundation, sits on the board of directors at the Center for HBCU Media Advocacy, & President of AK, Inc. A former banker & financial analyst who earned his bachelor’s degree in Economics & Finance from Virginia State University as well his master’s degree in Community Development & Urban Planning from Prairie View A&M University. Publishing research on the agriculture economics of food waste as well as writing articles for other African American media outlets.