TinJar
www.ft.com/content/5860... 1/ “The massive #wealth created over the past several generations flowed mostly to people who already owned #financial #assets. AI threatens to repeat that pattern at an even larger scale." #inequality #LLM #GenAI #Tax

BlackRock’s Larry Fink warns A...
BlackRock’s Larry Fink warns AI may intensify wealth inequality

CEO of world’s biggest asset manager says rich backers of artificial intelligence could reap most of the rewards

Financial Times
Mar 23 at 5:36pmWeb
Show threadTinJar1d ago
2/ "The broader question is who participates in the gains. When #market #capitalisation rises but ownership remains narrow, prosperity can feel increasingly distant to those on the outside.” - Larry Fink, CEO Blackrock #inequality #LLM #GenAI #Tax