BLACKROCK CEO: AI COULD BECOME A “BIG TECH ONLY” GAME.
Larry Fink warns that if the public opposes data centers, delays the expansion of compute capacity, and holds back AI infrastructure, AI technology could gradually become a game played mainly by big corporations.
According to Fink, for AI to truly go mainstream, infrastructure must be expanded quickly—rather than letting a lack of computing capacity become the bottleneck.
Meanwhile:
🇨🇦 Blackstone: Canada needs tax and regulatory reforms to boost growth potential.
🇸🇬 Temasek: If there isn’t enough capital to scale quickly, Canada’s AI startups may be forced to move to the U.S.
AI: “I need more GPUs.”
Data centers: “We need more power.”
Public: “Not in my backyard.”
Big Tech: “Fine, we'll build it anyway.” 💀
Key takeaway: the AI race is no longer just about which model is smarter—it’s about who owns compute, data centers, power, and capital.
#AI #artificialintelligence #blackRock #LarryFink
Larry Fink warns that if the public opposes data centers, delays the expansion of compute capacity, and holds back AI infrastructure, AI technology could gradually become a game played mainly by big corporations.
According to Fink, for AI to truly go mainstream, infrastructure must be expanded quickly—rather than letting a lack of computing capacity become the bottleneck.
Meanwhile:
🇨🇦 Blackstone: Canada needs tax and regulatory reforms to boost growth potential.
🇸🇬 Temasek: If there isn’t enough capital to scale quickly, Canada’s AI startups may be forced to move to the U.S.
AI: “I need more GPUs.”
Data centers: “We need more power.”
Public: “Not in my backyard.”
Big Tech: “Fine, we'll build it anyway.” 💀
Key takeaway: the AI race is no longer just about which model is smarter—it’s about who owns compute, data centers, power, and capital.
#AI #artificialintelligence #blackRock #LarryFink
