Satya Nadella and Larry Fink Address AI Costs and Capitalism at Davos

Microsoft CEO Satya Nadella and BlackRock leader Larry Fink highlighted energy costs and the public disconnect with global elites as the 2026 World Economic Forum began in Switzerland.Satya Nadella warned that high energy prices could hinder gross domestic product growth during the artificial intelligence transition while Matt Damon launched a new initiative to fund water access.Security experts from EY and KPMG USA separately cautioned that autonomous artificial intelligence agents and quantum computing pose significant risks to global cybersecurity.