Google CEO defends massive AI spends as essential foundation for long-term value and growth

NEW DELHI: Amid global fears of an AI bubble, Google CEO Sundar Pichai defended the massive spending around Artificial Intelligence, likening tech infrastructure being built to the historical expansion of railroads and highways, which became essential foundations for long-term economic value and growth.

Fielding questions on how CEOs can overcome boardroom scepticism regarding AI returns, Pichai urged a long-term view, calling the current era an ‘extraordinary’ and ‘transformational’ moment.