BlackRock CEO Larry Fink warns AI will deepen inequality unless more people can invest in the gains

BlackRock CEO Larry Fink warned that artificial intelligence will deepen economic inequality unless governments create mechanisms for ordinary people to invest in AI-driven productivity gains. Fink, who oversees more than $10 trillion in assets, said benefits are flowing disproportionately to shareholders. Fink argued in his annual letter that without broader capital market access, AI will concentrate wealth among those who already hold equity in technology companies. The comments reflect growing concern that the AI boom could trigger political backlash if its economic benefits remain narrowly distributed.