BlackRock's Rob Goldstein on the Next Megatrends in Finance | Odd Lots

The last few decades have been marked by a number of megatrends in finance including the extraordinary growth of asset managers, the rising importance of technology, and the ascent of private markets. Black Rock, the world's biggest asset manager, is emblematic of all these developments. On this episode, we talk to Black Rock COO Rob Goldstein about the company's early technological history, the development of its famous risk management technology Aladdin, and how Black Rock is navigating being both a user and major provider of AI. We discuss his view of the “SaaSpocalypse,” how BlackRock is thinking about token consumption and compute constraints, as well as the future of private markets. (Source: Bloomberg)