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Fortune
Fortune
Nicholas Gordon

BlackRock's Larry Fink: A.I. will solve low productivity, high inflation

(Credit: Stefan Wermuth—Bloomberg via Getty Images)

New artificial intelligence technologies can help end our period of record inflation, the head of the world's largest asset manager argued on Wednesday.

A global slowdown in productivity is a “reason why we have such sticky inflation,” BlackRock CEO Larry Fink said during the company’s investor day event, according to Bloomberg.

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