{"id":22429,"date":"2026-03-23T17:37:25","date_gmt":"2026-03-23T16:37:25","guid":{"rendered":"http:\/\/costops.com\/index.php\/2026\/03\/23\/ai-boom-risks-widening-wealth-divide-says-blackrocks-larry-fink\/"},"modified":"2026-03-23T17:37:25","modified_gmt":"2026-03-23T16:37:25","slug":"ai-boom-risks-widening-wealth-divide-says-blackrocks-larry-fink","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2026\/03\/23\/ai-boom-risks-widening-wealth-divide-says-blackrocks-larry-fink\/","title":{"rendered":"AI boom risks widening wealth divide, says BlackRock\u2019s Larry Fink"},"content":{"rendered":"<p>CEO of asset manager says only a few firms and investors may reap rewards from growth in the technology<\/p>\n<p>The boom in artificial intelligence risks widening inequality, with only a handful of companies and investors likely to reap its financial rewards, the BlackRock chief executive, Larry Fink, has said.<\/p>\n<p>The boss of the $14tn (\u00a310.4tn) asset manager used his <a href=\"https:\/\/www.blackrock.com\/corporate\/literature\/presentation\/larry-fink-annual-chairmans-letter.pdf\">annual letter to investors<\/a> on Monday to highlight potential hazards around the exponential growth in AI, which has attracted rapid investment and become, he said, \u201ccentral to strategic competition\u201d between global powers such as the US and China.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2026\/mar\/23\/ai-boom-risks-widening-wealth-divide-blackrock-larry-fink\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/a4fc80e643187b6b66f98b0e0f64193afdc28f1e\/428_0_3331_2667\/master\/3331.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=8300d6891ca5edf4642eeaeeeca4e1bb\" title=\"AI boom risks widening wealth divide, says BlackRock\u2019s Larry Fink\" \/>CEO of asset manager says only a few firms and investors may reap rewards from growth in the technology<br \/>\nThe boom in artificial intelligence risks widening inequality, with only a handful of companies and investors likely to reap its financial rewards, the BlackRock chief executive, Larry Fink, has said.<br \/>\nThe boss of the $14tn (\u00a310.4tn) asset manager used his annual letter to investors on Monday to highlight potential hazards around the exponential growth in AI, which has attracted rapid investment and become, he said, \u201ccentral to strategic competition\u201d between global powers such as the US and China. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CEO of asset manager says only a few firms and investors may reap rewards from growth in the technology The boom in artificial intelligence risks widening inequality, with only a handful of companies and investors likely to reap its financial rewards, the BlackRock chief executive, Larry Fink, has said. The boss of the $14tn (\u00a310.4tn) &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2026\/03\/23\/ai-boom-risks-widening-wealth-divide-says-blackrocks-larry-fink\/\"> <span class=\"screen-reader-text\">AI boom risks widening wealth divide, says BlackRock\u2019s Larry Fink<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":22430,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/22429"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=22429"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/22429\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/22430"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=22429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=22429"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=22429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}