BlackRock CEO Larry Fink lusts for AI replacing humans: ‘The social problems that one will have in substituting humans for machines is going to be far easier in those countries that have declining populations’
By Marc Morano
July 18, 2025
9:09 am
Larry Fink at WEF: “I can argue in the developed countries the big winners are countries that have shrinking populations. We always used to think shrinking population is a cause for negative growth, but in my conversations with the leadership of these large, developed countries that have xenophobic immigration policies, they don’t allow anybody to come in, shrinking demographics — these countries will rapidly develop robotics and AI and technology. And if the promise, and it’s going to happen, if the promise of all of that transforms productivity, which most of us think it will, we’ll be able to elevate the standard of living of countries, the standard of living of individuals, even with shrinking populations. The paradigm of negative population growth is going to be changing, and the social problems that one will have in substituting humans for machines is going to be far easier in those countries that have declining populations.” — Larry Fink, Chairman and Chief Executive Officer, BlackRock, World Economic Forum, April 2024″
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