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BlackRock is splashing $100 million on training plumbers, electricians, and HVAC technicians as its CEO flags a skilled trade worker shortage

Fortune Crypto|Preston Fore|
BlackRock is splashing $100 million on training plumbers, electricians, and HVAC technicians as its CEO flags a skilled trade worker shortage
Image via Fortune Crypto
πŸ€–AI Summary

BlackRock is investing $100 million in training skilled trade workers including plumbers, electricians, and HVAC technicians. CEO Larry Fink warns of a critical shortage of electricians needed to build AI data centers in the U.S.

Key Takeaways
  • β†’BlackRock is allocating $100 million toward training skilled trade workers to address labor shortages.
  • β†’CEO Larry Fink specifically warns the U.S. could run out of electricians needed for AI data center construction.
  • β†’The investment targets plumbers, electricians, and HVAC technicians as critical shortage areas.
  • β†’The initiative highlights infrastructure workforce challenges in the AI boom.
  • β†’BlackRock's move signals recognition that skilled labor shortages could bottleneck AI infrastructure expansion.
Read Original β†’via Fortune Crypto
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