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. BlackRock, the world's biggest asset manager, is emblematic of all these developments. On this episode, we talk to BlackRock COO Rob Goldstein about the company's early technological history, the development of its famous risk management technology Aladdin, and how BlackRock 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 constraint, as well as the future of private markets.
Subscribe to the Odd Lots Newsletter
Join the conversation: discord.gg/oddlots

Anjney Midha's Plan to Radically Lower the Price of Compute
50:20

How a Vibecoded Newsletter Is Making the Hay Market More Transparent
40:27

Why Tomatoes Are the Most Expensive They've Been in Four Decades
54:54