BlackRock CEO Larry Fink Says a U.S. Data-Center Moratorium Would Mean Recession

BlackRock Chairman and CEO Larry Fink warned that a U.S. moratorium on data-center construction would put the country into recession, linking the risk to investment in AI infrastructure. “If we have a moratorium of some sort in this country, we will be in a recession,” Fink said in an Oct. 14 interview. He connected that possibility to spending on the data-center buildout. On data-center rumors and public fear, he said, “Most of it is on misinformation.” Fink did not outline the scope or length of the moratorium he had in mind. He gave no estimate of its effect on national output, so his warning included no specific GDP forecast or timetable.

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