Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Tech

BlackRock CEO Larry Fink says AI leads to higher wages

Published

1 month ago

on

Larry Fink, the CEO of BlackRock Inc., has outlined his vision for the impact of the firm’s investment in artificial intelligence.

During the company’s recent earnings call, Fink emphasized the connection between productivity gains driven by AI and the potential for rising wages among BlackRock’s workforce.

He explained the firm’s ambition to leverage AI technology to enhance efficiency, enabling employees to accomplish more with fewer resources.

Fink’s remarks underscore BlackRock’s strategic approach to harnessing AI as a tool for optimising operations and driving organisational growth.

Read more – Australia’s productivity gap widens

By leveraging AI-driven productivity enhancements, the company aims to empower its employees to deliver greater value, thereby paving the way for wage increases across the organisation.

The CEO’s statement reflects a broader trend in the intersection of technology and labor dynamics, where advancements in AI and automation have the potential to reshape workforce dynamics and compensation structures.

Fink’s optimism about the transformative impact of AI investment on employee wages highlights BlackRock’s commitment to embracing technological innovation as a catalyst for sustainable business growth and employee prosperity.

Related Topics:

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

Continue Reading

News

Microsoft reporting for duty with top tier title

Published

15 hours ago

on

May 21, 2024

By

Major Gamepass addition are on the way, with Call of Duty: Black Ops title.

Reports suggest this as the largest addition to the service since its launch, indicating a strategic effort to boost subscription numbers in a challenging market. The decision, likely to be officially announced during the upcoming Xbox Games Showcase on June 9, reflects a shift in the gaming landscape and Microsoft’s commitment to Game Pass. Despite potential drawbacks such as upsetting existing subscribers and sacrificing direct sales revenue. #Featured #Trending

Continue Reading

News

Hollywood star speaks out against ChatGPT after AI steals voice

Published

16 hours ago

on

May 21, 2024

By

In a recent interview, Hollywood star Scarlett Johansson expressed her surprise at the uncanny similarity between her voice and that of an OpenAI chatbot.

On this episode of Ahron & Mike Live – It’s AI madness! Hollywood star Scarlett Johansson speaks out against AI, Microsoft partner with Qualcomm and Google unveil Project Astra.

Ticker’s Ahron Young & Mike Loder discuss. #featured

Continue Reading

Tech

EV market shifts as prices are slashed

Published

2 days ago

on

May 20, 2024

By

Recently, there’s been a noticeable shift in the electric vehicle market, with major players like Nissan, Polestar, and Peugeot offering unprecedented discounts of $15,000 or more below the recommended retail price.

BYD have abandoned their fixed-price models in favour of traditional franchise dealerships. Could this trend reverse? Amidst these developments, Australia anticipates the launch of its first plug-in hybrid utility vehicle, the BYD Shark, following its global debut in Mexico last week. Stay tuned for further updates. #Featured #Trending

Continue Reading

Trending Now