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Posted on 07/04/2026 9:47:31 AM PDT by DFG
BlackRock is best known as a financial behemoth managing trillions in assets. But now the world’s largest money manager is making a different kind of bet: one on the future of American workers.
The company’s new Future Builders initiative will deploy $100 million over the next five years to help train and place 50,000 skilled trades workers at a time when America is racing to scale the energy infrastructure needed to power the AI boom.
“What better way to celebrate America’s 250th than to honor the men and women who actually built the country, and those who are actually going to build the infrastructure on which we all rely?” said John Kelly, BlackRock’s Global Head of Corporate Affairs.
The program, launched last month through the company’s philanthropic arm, targets electricians, welders, plumbers, HVAC technicians and wiremen — all professions facing dramatic shortages.
“There’s a real urgent need in the United States to build the infrastructure that is necessary… to compete in technology, and especially to become energy resilient.” Kelly adds. “These are good-paying jobs … These are sophisticated, highly trained individuals that are that are currently building the infrastructure. We just need a lot more of them.”
The investment, which comes amid widespread anxiety that AI will eliminate positions, helps create a new narrative: that the next phase of American growth will still depend on human workers with hard skills.
BlackRock co-founder and CEO Larry Fink has estimated that America should plan to spend $10 trillion on data centers and the energy infrastructure needed to power AI in the coming years.
That creates demand not just for capital, but for people.
(Excerpt) Read more at nypost.com ...
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For every $1 OpenAi makes it loses like $2 , Big Boom , Big Bada Boom ,LOL
“America is racing to scale the energy infrastructure needed to power the AI boom.”
There’s not gonna be any AI boom rather it’s gonna be an AI bust.
China’s leading AI labs, including DeepSeek, Alibaba, and Zhipu, have aggressively adopted an open-source strategy, releasing powerful “open-weight” models for free to global developers. This approach contrasts sharply with the proprietary, subscription-based business models dominant in Silicon Valley, allowing Chinese firms to bypass U.S. compute restrictions and rapidly build a global developer ecosystem.
And by 2030 quantum computing begins taking over rendering conventional AI obsolete along with all those energy hogging data centers.
“And by 2030 quantum computing begins taking over rendering conventional AI obsolete along with all those energy hogging data centers.”
Can you elucidate?
Well quantum computing probably won’t take over completely by 2030, but will likely begin to compete by then. It uses a tiny fraction of the energy required by conventional computing and is able to do so much more. It will also be able to break all the passwords currently in use so that data security will be at risk.
AI is being produced by a very large (millions) army of Indian invaders of the USA. No white guys need apply. You are not allowed to talk about this.
Quantum computing in 60 seconds.
https://www.youtube.com/shorts/vQU0y4ytSv0
AI is an organism that’s increasing in size, gobbling our electric power, and changing how we humans live. How large will it grow?
Once everyone has a direct link in his head to the AI supervisor, the growth will be complete.
AI is one big spying virus
HAS ANYONE THOUGHT ABOUT WHERE THE CONTENTS OF ALL THOSE SERVERS WILL BE DUMPED IN THE FUTURE?
EVERYTHING I HAVE HEARD: THEY ARE NOT RECYCLABLE
The skilled trades will hold out longer than desk jobs, but the writing is on the wall there too. In 10 years time I’d expect my household robot to perform the HVAC, plumbing and electrical maintenance at my house and I’d also expect that Optimus or Chinese robots will do most of the HVAC, electrical and plumbing work on new construction.
MUCH TOO LARGE FOR RESIDENTS TO BE COMFORTABLE WITH
You know, the real stuff.
I suggest you watch the movie, “Brazil”, 1986-ish.
Seen it, one of my favorites by Terry Gilliam.
LOL...nothing like “shorts” to clear things up!
Yup you can already see the panic on the faces of those American AI companies. Why pay a subscription fee to those companies when you can just download free Chinese AI onto your server.
And the Chinese AI is all open source.
Meta has a similar program. Their ads are running all the time here in Northern Virginia.
As for AI, we’re still in the early part of the learning curve. Until we get the hang of it, it will mostly help those who graduated without knowing how to do math or read at the high school level and those Peter Principle people who were promoted to their level of incompetence. Right now we have people who have access to lots of information but don’t know how to use it. That will change.
Oh, and current quantum computing requires a tremendous amount of energy to keep the quantum chips stable enough to work.
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