BlackRock CEO Larry Fink warned that public opposition to data centers and delays in computing power and infrastructure development could make AI technology increasingly accessible only to large companies, limiting use by ordinary businesses and the public.
Speaking at the Canadian Investment Summit, Fink said rapid expansion of AI-related infrastructure capacity is necessary to achieve broader technological inclusion. Blackstone President Jon Gray said Canada could significantly increase its potential economic growth rate through tax and regulatory reforms, while Temasek CEO Dilhan Pillay said Canadian AI companies may be forced to relocate to the United States without sufficient capital to accelerate expansion.
BlackRock CEO Warns AI Infrastructure Delays Could Limit Access to Big Companies
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