BlackRock’s Larry Fink Warns AI Data Center Halt Could Tip US Into Recession
Summary
BlackRock executive Larry Fink stated that artificial intelligence infrastructure spending has grown essential for the United States economy. He warned that stopping the construction of data centers could potentially trigger a national recession.
Speaking after BlackRock’s Q3 earnings, Fink said AI infrastructure spending has become so central to growth that a construction halt would be dangerous—calling the backlash “misinformation” as data centers become a midterm flashpoint.
Source: Read the full story at Decrypt
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