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BlackRock CEO: ‘Xenophobic’ Countries With Shrinking Populations May Be The ‘Big Winners’ in AI-Driven Future

4-5-2024 < SGT Report 17 395 words
 

by Chris Menahan, Information Liberation:


Larry Fink, the CEO of BlackRock who has spent years pushing open borders and mass immigration onto America, told the World Economic Forum this week that “xenophobic” countries with “declining populations” may actually be the “big winners” in a future dominated by AI and robotics.


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From The Sociable, ” ‘Social problems in substituting humans for machines will be easier in developed countries with declining populations’: Larry Fink to WEF”:


“I can argue in the developed countries the big winners are countries that have shrinking populations,” [Fink said on Monday at the WEF in Riyadh, Saudi Arabia].


“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,” said Fink.


“For those countries that have rising populations, the answer will be education — for those countries that do not have a foundation of rule of law or education, that’s where the divide’s going to get more and more extreme,” he added.


Clueless conservatives are acting like Fink is pushing a “depopulation agenda” when in truth he’s reluctantly acknowledging that AI and robotics will make sheer population numbers obsolete when you can build millions or even billions of AI-driven robots to serve as your nation’s workforce.


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