#102: Aladdin. The Edge - Robots & 9.5 Trillion Dollars
Jul 27, 2022•13 min•Season 3Ep. 102
Episode description
Mark introduces you today to Larry Fink's Alladin, the artificial intelligence AI behind Blackrock. This "robot" has been getting smarter and smarter, and more and more powerful over time, to those in the financial markets. Today, asset managers depend on Alladin as if it's oxygen. From saving banks to controlling a significant portion of the economy, Alladin advises and manages more than $20 trillion through Blackrock's relationships with banks and financial institutions. Did you know that a robot is charge of that much money? I told you this was happening, but you didn't believe it.
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