BlackRock's Larry Fink: Underinvesting in AI Benefits China, Not a 'Bubble'

• BlackRock CEO Larry Fink dismisses AI 'bubble' concerns, stating underinvestment is the greater risk.
• Fink warns that insufficient AI investment globally would directly benefit China in the technology race.
• He emphasized AI as the most disruptive technology, crucial for new discoveries and economic growth.
• Fink believes AI can boost GDP by increasing productivity, especially in countries facing declining populations and deficits, with India at the center.
• Mukesh Ambani affirmed AI's benefits for India, highlighting the country's rapid technology adoption and its potential to be a global AI leader.