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BlackRock CEO Fink backs staying invested amid volatility, flags AI shift
BlackRock CEO Larry Fink is advising investors to remain in the market despite current volatility, citing geopolitical conflicts, economic shifts, and the transformative impact of artificial intelligence. He highlighted AI’s role in reshaping industries and creating significant economic value, emphasizing that staying invested over the long term has historically outweighed attempts at market timing. Fink’s annual letter to shareholders discussed how events that once defined decades are now routine, from wars to the advent of new technologies like AI.