One of the side effects of social awareness among millennials is how many young brides are coming to embrace lab grown diamonds as equally beautiful but more ethically sourced alternatives to “blood” diamonds. It doesn’t hurt that the Gemological Institute of America qualifies these synthetic diamonds as “real diamonds” – but the significant discount may be the most important reason why these new man-made diamonds could take a real piece of the $80 billion diamond industry, and change the way some global economies work in the process.
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