Wealth and Asset Management
BlackRock’s Larry Fink warns AI may intensify wealth inequality
BlackRock chief executive Larry Fink has warned that AI risks widening inequality, concentrating wealth among a handful of businesses and investors who have financed the industry’s growth. Fink used his annual letter to BlackRock shareholders on Monday to caution that AI could intensify wealth disparities if individuals lack a means…
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Click here to read the full story: Financial Times