BlackRock’s Fink on AI: ‘We Are Going To Be Democratizing Information’

‘And that is going to empower more people to have more opportunity’

EXCERPT:

FINK: “And then you want to just intersect AI. You intersect AI and the power of information and data.”
CRAMER: “We don’t all have to go to Stanford. We don’t all have to go to Stanford with AI AI is about not going to Stanford.”
FINK: “Correct. AI -- well, AI -- coding is in English now. It’s not some code.”
CRAMER: “People should realize that --“
FINK: “We’re going to be democratizing information.”
CRAMER: “Yes.”
FINK: “And that’s going to empower more people to have more opportunity. But, more importantly, we’re going to need huge sums of money to invest in these data centers.”
CRAMER: “Yes, we do.”

 

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