
1656: Johnson Pivot
Larry Fink's Population Pivot, Robotics and Xenophobic Policies
Larry Fink articulated a shift in economic theory, suggesting that countries with shrinking populations and "xenophobic" immigration policies may become the big winners through AI and robotics. This contradicts the traditional banking view that constant population growth is necessary to suppress wages and drive GDP. The new paradigm suggests machines will substitute for humans to maintain standards of living in developed nations.


















