Microsoft CEO Nadella warns AI could become a bubble — and lose “social permission” over energy
DAVOS, Switzerland, January 21, 2026, 18:34 (CET) Microsoft CEO Satya Nadella cautioned Wednesday that the AI frenzy could resemble a bubble if its advantages fail to reach beyond the largest tech companies and wealthier nations, even as firms invest heavily in data centers and chips. At the World Economic Forum in Davos, Nadella told BlackRock CEO Larry Fink that “a…