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Artificial intelligence, automation, and machine learning news, including applied AI strategy and industry trends

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The $14 Trillion Warning: AI’s Riches Will Be a “Few and the Rest” Story
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The $14 Trillion Warning: AI’s Riches Will Be a “Few and the Rest” Story

Larry Fink, CEO of BlackRock, warns the AI boom risks worsening inequality, with rewards flowing only to a handful of firms and investors. In his annual letter, he noted that AI threatens to repeat—and amplify—a pattern where wealth accrues to those who already own assets. His solution: more people should invest in capital markets rather than rely on homeownership. The warning comes as BlackRock manages $14tn and Fink’s own $30.8m pay package has drawn shareholder scrutiny.

Mar 23, 2026
Sam Altman Admits OpenAI Has No Control Over Pentagon's AI Use
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Sam Altman Admits OpenAI Has No Control Over Pentagon's AI Use

Sam Altman admitted to employees that OpenAI has no control over how the Pentagon uses its AI in military operations, saying "you do not get to make operational decisions" about strikes or invasions. The admission comes as the Pentagon pressures AI companies to remove safety guardrails for broader military applications. Rival company Anthropic recently refused a deal with the Pentagon over ethical concerns and was labeled a "supply-chain risk" by Defense Secretary Pete Hegseth, while OpenAI quickly partnered with the military instead.

Mar 5, 2026
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