BlackRock CEO Fink: Capitalism Must Change or It Will Lose Its Legitimacy
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According to Jinse Finance, at the Davos Forum, BlackRock CEO Larry Fink warned that global capitalism is losing public trust because prosperity has not benefited enough people. He stated that the measure of success should not be just growth or the market, but whether people can "see it, feel it, and build their future on it." Fink warned that artificial intelligence could exacerbate inequality just like globalization, and called for Davos to listen more to the voices of ordinary people, not just the elite.
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