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Syracuse University is rolling out a new Center for the Creator Economy, looking to train the new class of influencers, streamers, podcasters and YouTubers. The center, the first of its kind in the U.S., is a joint project between the universitys communications and business schools, and aims to attract students planning to participate in the $250 billion creator economy. With rising unemployment rates, and a college degree no longer unlocking the career opportunities it once did, the creator economy could be a beacon of hope for young graduates in a dismal job market. The number of creators globally is expected to grow at a compound annual rate between 10 and 20%. The total addressable market, from influencer marketing spend to platform payouts, is expected to increase to a projected $500 billion by 2027, according to Goldman Sachs. In a 2023 Morning Consult survey of 1,000 Gen Zers, more than half said they want to be influencers. Two in five U.S. teenagers already earning income through digital channels. Influencers with followings over a million can charge upwards of five figures for just one post. Higher education is now paying attention. From MrBeast and Alix Earle giving guest lectures to Harvard Business School students, to universities from Penn State to Duke introducing online courses, clubs, and summer camps dedicated to the business of content creation, colleges are embracing this once-dismissed career path. For now, Syracuse doesn’t plan on offering majors or minors in content creation. Instead, the center will include undergraduate and graduate classes in creative content, audience engagement, and digital strategy, according to the university, to help young entrepreneurs optimize their chosen platforms. The center will also host workshops and speaker series and on-campus incubators, and provide avenues for mentorship and funding for student ventures. Opening in spring 2026, the school is making an at least six-figure investment for equipment and design for the new space, according to reports, including a green screen, podcast booths, and a corner for gamers to livestream. Of course, the appeal of content creation is anyone can pick up a camera and start. At the same time, a growing number of Gen Zs are questioning the value of a degree to begin with. Yet, as the creator economy evolves, now with six-figure deals on the table, the algorithm to conquer and advertising laws and contracts to navigate, and a growing number of adjacent careers, a college degree might turn out to be a lucrative investment after all.
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E-Commerce
When Hurricane Melissa began moving toward Jamaica earlier this week, Amazons chief meteorologist was watching closelynot just for the companys global shipping operations, but also to see how its disaster relief team might need to act. “As soon as the hurricane formed, we had eyes on it,” says Abe Diaz, principal technical product manager for Amazon’s disaster relief team. “We’ve been tracking this for multiple days.” [Photo: Amazon] Inside an Amazon fulfillment center near Atlanta, pallets are stacked with disaster relief supplies, from medical supplies to solar-powered lights. Its one of 15 massive disaster relief hubs that the company has stationed inside warehouses around the world. In the wake of the record-breaking hurricane that hit Jamaica, with flooding and 185-mile-an-hour winds that destroyed homes and infrastructure, the hub was poised to send shipments to partners like the Red Cross. When the team spoke to Fast Company yesterday, they were planning a potential shipment of power supplies on a cargo plane for today. “Damage assessments are still underway at both of the airports and then they’re going to be prioritizing life-saving, rescue and response teams for access first,” says Jeff Schweitzer, who leads Amazon’s global disaster relief operations. If all went as planned, though, the power systems would also be on a flight, ready to support first responders and “provide augmented power in areas that just simply won’t have power for weeks to come,” he says. Other early shipments will likely include tarps and solar lights that can also charge phones. Each delivery will happen only after nonprofits or agencies on the ground assess the situation and order what they need. “As with everything at Amazon, we work backwards from the customer,” Diaz says. [Photo: Amazon] In the warehouse, some pallets are wrapped in color-coded shrink wrap, to help nonprofits easily tell from a distance what’s inside, such as diapers. One pallet is designed to include everything needed for a nonprofit to set up a mobile office. Amazon first began its disaster relief work in 2017, after conversations with organizations about how difficult it is to get the right supplies quickly after disasters. Since then, it has been closely working with organizations to understand what they need and to track data about what’s used in each event so it can better prepare. [Photo: Amazon] The team works to find the most efficient products to donatefor example, water filters instead of bottled water. “It makes no sense for us to send a whole bunch of water bottles and fly them out to Jamaica when high-efficiency water filters can do 100 times the volume with just a pallet of product,” Diaz says. “These are the kind of items that we’re just trying to be really smart on what is needed and what we’re getting there.” [Photo: Amazon] The hubs, which are each located inside existing Amazon fulfillment centers to make use of the company’s existing infrastructure and workers, are each filled with products most likely to be needed locally. A hub near L.A. is stocked with supplies for wildfires, such as masks. The Atlanta hub has kits for cleaning up homes after a floodfrom gloves and shovels to respiratorsthat have been used in previous hurricanes and events like the floods in Central Texas this summer. [Photo: Amazon] Organizations also make their own preparations; the World Food Programme, for example, prepositioned a shipment of food and other suplies to the area before Hurricane Melissa hit. But Amazon can quickly respond as more is needed, with pallets ready to be sent out as soon as a request comes in. It’s one example of corporate philanthropy that makes use of a company’s core competency, rather than simply giving money to causes. (Amazon also uses its delivery infrastructure to help food banks reach more clients at home.) Toyota did something similar when it donated kaizen training to the Food Bank for New York City, helping cut wait times for dinner from an hour and a half to 18 minutes.
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E-Commerce
A first-of-its-kind refinery has been in the works for a decade and half. Set to be completed this year, the facility is design to produce climate-friendly jet fuel, a material in increasing demand in response to climate commitments and regulations around the world. The refinerycalled the Freedom Pines Fuelswas designed to showcase new methods of producing the fuel, and was receiving government support to help clean up air travel. Now, a year behind schedule due to a hurricane and equipment glitches, the project hit another roadblock this summer, when a major shift in U.S. energy policy under the new administration threw a wrench into the business model. It’s now a story of a company quickly adapting under pressure, and an illustration of the challengesand continued opportunityof clean energy in a more hostile political environment. The goal of the company behind the project, Illinois-based LanzaJet, is to produce a close facsimile of the kerosene-based fuel that powers jets and many helicopters and propeller planes todaywithout using petroleum. Instead, the Freedom Pines Fuels plant in the forest hamlet of Soperton, Georgia, will use ethanol to make whats known as sustainable aviation fuel, or SAF. LanzaJet was ready to start with ethanol made from Brazilian sugarcane, until a new U.S. law forced a quick shift to midwestern corn. The fuels that make modern travel possiblekerosene, gasoline, and dieselare typically refined from crude oil, rich in hydrocarbon molecules that release copious energy when burned. But burning them also inundates the atmosphere with heat-trapping carbon dioxide. [Photo: Couresy of LanzaJet] SAF is essentially lab-grown jet fuel, made from carbon already in the environment, rather than pumped up from oil wells. It’s a tweaked formulationfor instance, with less sulfurdesigned to burn cleaner. Sugarcane and corn are two of many possible carbon sources, along with cornstalks, twigs, vegetable oil, factory exhaust, and even garbage. The CO2 released by making and burning SAF should, in theory, be offset by the carbon captured to make more SAF, forming a closed loop. The Freedom Pines Fuels plant is a mini version of a typical refinery, slated to produce nine million gallons of SAF and a million of green diesel fuel in its first year. (A standard crude-oil refinery could churn a billion or more gallons of fuels.) But the Georgia plant is meant to be big enough to show the technology can work at scale. “Most process technology companies . . . almost never build plants of this magnitude,” says Jimmy Samartzis, a climate-focused airline industry veteran who became CEO when LanzaJet was founded in 2020. “It’s expensive, it’s big. But we thought and feltaccurately, looking back on it todayit was the right move to make.” Before the 2024 election, the federal government was also promising generous financial support for Freedom Pines. A Potential Market Boom LanzaJet is backed by companies that are counting on, or stand to benefit from, the shift to carbon-neutral jet fuel, including All Nippon Airways, British Airways, Southwest Airlines, and plane maker Airbus. The UNs International Civil Aviation Organization (ICAO) has committed the industry to net-zero carbon emissions by 2050. In addition, laws and regulations, such as in Singapore, the U.K., and the European Union, have started requiring airlines or suppliers to blend SAF into the jet fuel supply, beginning at around 12%, then ramping up in later years. More such requirements are in the works in India, Indonesia, and Japan. The European Union is by far the most ambitious. From a mere 2% SAF blend required today, quotas rise steeply about every five years, hitting 70% in 2050. Theres further demand from companies, such as LanzaJet backer Microsoft, striving to meet aggressive greenhouse gas reduction goals. In addition to reducing its own footprint, Microsoft has announced plans to buy SAF Certificates,” which subsidize the cost of the fuel to boost its usage. SAF has a long way to go in making a dent. It will account for just 0.7% of all jet fuel in 2025, according to the International Air Transport Association. [Photo: Couresy of LanzaJet] Obviously, if you look at the size of the overall aviation fuel space, in theory the [SAF] market is potentially huge for those that can offer a product at a competitive price, says John MacDonagh, senior research analyst at capital markets research firm PitchBook. LanzaJet has raised “approximately” $400 million, according to Samartzis, from these companies and other backers, including energy producers Shell and Suncor, the U.S. Department of Energy, airport operator Groupe ADP, and Bill Gatess Breakthrough Energy fund. Another backer is LanzaTech. Founded in Auckland, New Zealand, in 2005, it relocated its headquarters to Skokie, Illinois, in 2014. The company has engineered microbes to convert waste such as carbon monoxide and dioxide from factories into ethanol, as another route to carbon-neutral fuel and other chemicals. In 2010, LanzaTech and the U.S. Department of Energy started collaborating on technology to transform ethanol into jet fuel. In 2020, LanzaTech spun out LanzaJet as a new company to continue the work. LanzaJet is dipping a toe into the SAF market with Freedom Pines, with plans to build more plants, such as a collaboration with British Airways to open a facility in the U.K. by 2028. LanzaJet has also announced partnerships in India, Japan, and Kazakhstan to build additional facilities. But as it continues to announce expansion overseas, things have gotten messy back at home. SAF Meets MAGA
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E-Commerce
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