BlackRock’s billionaire CEO warns AI could be capitalism’s next big failure after 30 years of unsustainable inequality after the Cold War

Photo: Larry Fink, CEO of BlackRock, speaking at the World Economic Forum in Davos, Switzerland – January 21, 2026. Photo credit: ©2026 World Economic Forum / Benedikt von Loebell via Flickr. CC BY-NC-SA 4.0 (no modifications). Article by Sasha Rogelberg. Yahoo Finance / Fortune – January 20, 2026. This article was originally featured on Fortune.com

BlackRock CEO Larry Fink opened the World Economic Forum in Davos, Switzerland, with a stark message to the global elite: AI’s unfettered growth risks pummeling the world’s working and professional classes. Beyond that, he warned that it could be capitalism’s next big failure after a 30-year reign after the Cold War that has failed to deliver for the average human being in society. […]

Click here to view original web page at www.finance.yahoo.com

Video: Laurence D. Fink: The Rise of Wealth Inequality and the AI Era – World Economic Forum Video