Paying the AI piper (1/2 - how are we going to keep the funding plates spinning when the capital is running out? BlackRock CEO Larry Fink is worried

For the first time in my career, and that's 50 years of a career, I'm seeing genuine shortages of capital.

That’s an interesting - and alarming - remark when it comes from Larry Fink, founder and CEO of BlackRock, the world’s largest asset management firm.

It follows this week’s warning from the International Monetary Fund (IMF) that the current “circular financing” going on in the AI supplier sector poses a genuine risk to the economy if it breaks down.

And that seems all-too-possible as Fink goes on to comment:

I don't see us having the ability to raise trillions and trillions of dollars of bespoke transactions related to data centers.

But someone’s going to have to find the cash as Fink has also warned this week that stopping or even slowing down the build out of AI infrastructure could tip the US into recession and sink the economy. And when...

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