CEO of the world's largest asset management company: AI will significantly increase productivity and employee wages
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BlackRock CEO Larry Fink said that the company's investment in AI will enhance productivity and employee wages. He believes that by reducing human input, companies can create more value. While some believe that AI may replace some labor, others believe that AI can enable employees to focus more on complex and innovative work, thereby increasing wage levels. However, the increase in company productivity may not necessarily translate into an increase in employee wages
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