Want to protect yourself from AI? Invest, says BlackRock’s Larry Fink
Want to protect yourself from AI? Invest, says BlackRock’s Larry Fink
https://www.cnn.com/2026/03/23/business/ai-blackrock-larry-fink-shareholder-letter
Publish Date: 2026-03-23 10:43:00
Source Domain: www.cnn.com
- BlackRock CEO Larry Fink warns that artificial intelligence could exacerbate income inequality and discusses potential solutions like greater stock market participation and a revamped Social Security program.
- Fink emphasizes that even with AI reducing demand for certain jobs, there are high-demand, well-paying roles in skilled trades related to AI infrastructure.
- He advocates for broader recognition of and opportunities for different types of work beyond traditional white-collar paths.
- Fink highlights the importance of more people having access to investment opportunities to avoid widening wealth gaps, as most wealth has historically accrued to asset owners rather than wage earners.
- He proposes a diversified government retirement investment fund alongside Social Security as a means of addressing future economic challenges, emphasizing the need for diversification without privatizing Social Security.