Satya Nadella

“A telltale sign of if it's a bubble would be if all we are talking about are the tech firms,”

“A telltale sign of if it's a bubble would be if all we're talking about are the tech firms,”

“One of the things right now the zeitgeist is about the admiration for AI in its abstract form, or as as technology. But I think as a global community, we have to get to a point where we're using this to do something useful that changes the outcomes of people and communities and countries and industries. Otherwise, I don't think this makes much sense. In fact, I would say we will quickly lose even the social permission to actually take something like energy, which is a scarce resource, and use it”

“The most important thing that we see as an investor is the democratization of technology and the diffusion of that technology really does then transform the demand, and the companies or the countries that diffuse it fastest are going to be the ultimate winners - not the technology creator.”

“Satya Nadella, Microsoft's C.E.O., said that the A.I. boom's benefits needed to be "much more evenly spread" to avoid becoming a bubble.”

“It's a pretty intense time. I've always thought it's actually helpful to have a completely new set of competitors every decade, because that keeps you sharp. If you think about it, I joined Microsoft in 1992, when Novell was our big existential competitor. Here we are in 2026, and you're absolutely right; it's an intense moment again,”