To Affleck's credit, he seems to have a nuanced understanding of modern AI tools. "We also need to preserve what makes storytelling human, which is judgment," he said. "The kind that takes decades to build, experience to hone and that only people can have. I knew I had a responsibility to my peers and our industry, to protect the power of human creativity and the people behind it." However, it's worth reiterating that the company is no longer in Affleck's hands, as he is now just an advisor.
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Blackstone’s shares have struggled as investors grow wary of mounting pressures in private markets. But the recent turbulence is nothing new for the billionaire businessman who has spent decades navigating economic cycles—and he has some words of wisdom for others stepping into the stressful world of finance.