Elon Musk Podcast AI Risk Is Off the Charts
11 snips
Dec 11, 2025 Executives at the Abu Dhabi Finance Week are debating the skyrocketing valuations of AI stocks, likening the situation to a gold rush. Some see enormous long-term potential, while others express concern over risks and market disruptions. Chris Hohn warns that uncertainty surrounding AI makes it tricky to identify winners. Stephen Schwarzman highlights that AI infrastructure could require doubling the electricity grid. Meanwhile, sovereign funds are adopting a cautious approach, favoring long-term investments over short-term growth.
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Gold Rush Scale Argument
- Jenny Johnson says AI's significance makes worrying about high valuations the wrong question.
- She compares expensive AI stocks to costly picks and shovels in a gold rush, implying long-term structural value.
AI Drives Massive Energy Demand
- Stephen Schwarzman warns AI's growth demands massive infrastructure spending.
- He specifically says the electricity grid might need to double to support AI's energy needs.
Uncertainty Is "Off The Charts"
- Chris Hohn highlights extreme uncertainty in AI investing and disruption.
- He warns that risk factors are "off the charts," complicating the task of picking winners.