BlackRock CEO Larry Fink warned that artificial intelligence could deepen societal inequality if its benefits aren’t broadly shared. He emphasized the importance of turning more people into “owners of growth” rather than mere spectators, especially in the context of pensions and retirement savings. Fink stressed that leaders must develop credible plans to ensure wider participation in AI-driven gains to prevent rising distrust in institutions.
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Black Rock CEO Larry Fink Says AI Will Fail If People Stay 'Spectators Watching It Happen' Instead Of Owners Of Growth
BlackRock CEO Larry Fink warned that artificial intelligence could deepen societal inequality if its benefits aren’t broadly shared. He emphasized the importance of turning more people into “owners of growth” rather than mere spectators, especially in the context of pensions and retirement savings. Fink stressed that leaders must develop credible plans to ensure wider participation in AI-driven gains to prevent rising distrust in institutions.