— David DayenWhen the Milken leading lights do emerge, they want you to know that they’re excited: about the future of AI and technology, and about the prospect of getting your money to pay for the build-out. Larry Fink, CEO of top asset manager BlackRock, was positively giddy about acquiring more and more retirement assets to invest in the AI revolution, boasting about a recent move for workers in Saudi Arabia to a defined contribution, 401(k)-style plan.
Replicated under Fair Use from The Complacent Class by David Dayen.