Personal Finance
Larry Fink Says AI Could Be the Technology That Curbs Inflation
- CEO says AI has tremendous potential to boost productivity
- BlackRock also aims to double private markets revenue by 2028
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BlackRock Inc. Chief Executive Officer Larry Fink said artificial intelligence has tremendous potential to boost productivity and may ultimately be the technology that can tamp down inflation.
The collapse of productivity has been a key issue within global economies and a major “reason why we have such sticky inflation,” he said Wednesday at the BlackRock Investor Day. Fink said AI “may be the technology that can bring down the inflation.”