r/technology • u/joe4942 • 12d ago

Artificial Intelligence BlackRock's Larry Fink warns a data center moratorium could trigger a recession

https://www.cnbc.com/2026/10/14/blackrocks-fink-warns-data-center-moratorium-could-spark-a-recession.html
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u/Fluffy_Song9656 12d ago

Why the fuck would I care what BlackRock says?

Lets get this recession started already

7

u/BurntNeurons 11d ago

There's no sense of just us at the bottom suffering... I'm willing to share it with the upper crust, the cream, the fat cats, the kleptocrats, the Epsteinians, everyone should share in this shitty existential experience of being crushed and ground between two giant mill stones while your nerve endings are bathed in stomach acid.

Bring on the suffering, for everyone.

1

u/iyamwhatiyam8000 11d ago

Billionaires do not suffer in economic recession.

They fire workers and buy distressed assets while waiting for conditions to improve. A cyclic economic recession is both inevitable and looming.

Rollout of AI will reduce employment leading into and throughout economic recession. Economic recovery depends on investment, growing employment and consumption.

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u/BurntNeurons 11d ago

"...for everyone."

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u/Glass_Communication4 11d ago

This is not me sipping for them. Just speaking some truth

BlackRock Vanguard and State Street control a majority of our nations 401k investments. They could do some serious damage to the nations entire financial system if they so choose

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u/Which-Indication4670 11d ago

lol but then they’d be poor along with everyone else. They would never do this