BlackRock CEO says there is no bubble in the field of artificial intelligence.
BlackRock CEO Larry Fink stated that there is no bubble in the field of artificial intelligence and emphasized the investment scale needed to develop this technology. "When it comes to AI, I think there is no uncertainty," Fink said in an interview at the World Economic Forum in Davos, Switzerland. "I truly believe there is no bubble in the AI field." Fink, who is a co-chair of this year's forum, said that the hundreds of billions of dollars invested in developing AI technology will drive global economic growth, despite the inevitable occurrence of some "major failures" in the process.
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