reSee.it Video Transcript AI Summary
BlackRock, a powerful and relatively unknown company, owns a significant portion of major media companies like Fox, CBS, and Comcast. They also have investments in tech giants like Google, Amazon, Facebook, and Twitter, as well as Disney. In fact, BlackRock essentially owns 90% of the world's media. They recently gained access to China's mutual fund industry, allowing them to invest in Chinese companies, including those blacklisted by the US. The money BlackRock uses comes from pension funds and ordinary people's bank accounts. With their vast ownership and access to personal data, BlackRock has significant influence and control. This raises concerns about privacy and the potential misuse of personal information.