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Technology to spawn the next black swan: BlackRock CEO

Global instability will result from technology's inability to create jobs fast enough, especially in developing world
Wednesday, April 22, 2015 - 05:50
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Talking about challenges countries are facing now, Mr Fink said "the societies that have incredible education systems are the societies that are going to be able to adapt".

Singapore

THE sweeping changes brought on by technology in various industries could be a destabilising force in the job market and in societies, particularly in developing countries, says the CEO of the world's largest asset management firm BlackRock.

Technology has already driven