Elon Musk and Larry Fink at the World Economic Forum, January 2026.

by Brian Shilhavy
Health Impact News

AI was a top subject discussed this week at the 2026 World Economic Forum (WEF) in Davos, Switzerland.

One of the most illuminating events regarding how world financial leaders view AI today was in a panel discussion hosted by CNBC that included Larry Fink, CEO of BlackRock, Ken Griffin, CEO of Citadel, Christine Lagarde, President of the European Central Bank, and renowned economist Adam Tooze of Columbia University.

The discussion started out by discussing historical parallels between the economic boom of the “roaring 20s” just after WW I, which then ended with the Great Depression in the 1930s, and what we are seeing today with the massive spending in AI which is propping up the world economy, for now.

Christine Lagarde, President of the European Central Bank, stated that she did see parallels between the 1920s and today, because the 1920s produced life-changing technology, such as the electrical grid, combustible engines, assembly lines (mass production), which led to an increase in the markets.

To me, that speaks volumes about how a global banker could possibly see that AI is going to change our lives the same way electricity and gas cars did in the 1920s. It shows that she is either completely ignorant about the limitations of AI, or that she is continuing the hype by making comments like this comparing it to the invention of electricity and cars.

Lagarde also stated that unlike the 1920s, trade is threatened today by tariffs, and access to the data that AI needs that is often protected by privacy laws.

Larry Fink, the CEO of BlackRock who is the co-host of the WEF this year, agreed with this, stating that if the western economies do not participate together, China wins, because China has a “dramatic” advantage to their data which is protected (from Western countries).

Ken Griffin, the CEO of Citadel, disagreed that there were parallels between the 1920s and today, as he stated that government spending around the world is “recklessness”, because they are spending beyond their means. He stated that in the 1920s it was “recklessness” in the private capital markets.

I actually agree with this, but I see BOTH happening today: recklessness in U.S. Government spending, and in the past few years recklessness on Wall Street by investing in all of the AI technology, based on what it is going to do in the future.

Then Griffin said this:

“There’s a huge question as to where AI will take us, … because this is one of the big issues of our moment. Will AI create the productivity acceleration that is honestly just hoped for in Washington and in the halls of government around the world as a way to overcome the profligate spending that we’re currently engaged in?

Like, the world needs a savior, and the hope is that AI is the savior that we need for productivity. And the challenge with this is it may or may not be.

We just don’t know yet.

Now there’s a tremendous amount of hype around AI. And in some sense, the large AI companies need to create that hype to raise the tens of, or actually hundreds of billions of dollars of investment that are going into the field.

Like, you wouldn’t be able to raise hundreds of billions of dollars – we’ll spend roughly 600 billion dollars this year in capex for data centers in the United States.”

Fink then stated “I think it will be larger (than 600 billion dollars).”

But even though they admitted the current risks of AI, they all agree in the end it is going to make everyone rich.

So the WEF motto from a few years ago: “You will be happy and own nothing” – seems to have changed now to: “AI will make all of us rich and we will be able to live like a king (while AI and the robots do all the work).”

But to get there, they will require sacrifices from people, namely, the loss of PRIVACY. This is the only way this “prosperity” works, where they have access to everything and anything about you.

Larry Fink said:

How quickly can we see the adaptation and democratization of AI and technology is going to be the real pivital point. Can AI be inexpensive enough and ubiquitous enough that it can be spread across small businesses, medium sizes businesses, and they can grow and have the same advantages of the scale operator.

But at this period of time though, the scale operator is winning. I mean, I see that in the asset management industry. The scale operator is having better connection because the utilization of more technology.

And I think that’s just at the beginning stages. And it’s going to represent some huge social issues.

The “scale operators” he is talking about are companies like Google, Microsoft, Apple, etc. I think they know full well that many others who are now making $billions on the AI hype will eventually collapse when the AI bubble bursts, concentrating Big Tech into just those few “scale operators” which will bring about huge social issues, i.e. the loss of privacy for the consumers they want to rule through AI.

Listen to the entire conversation. It is very enlightening.

Then yesterday, Elon Musk made a surprise appearance at the WEF with a 30-minute conversation with Larry Fink.

I say “surprise” because it was not announced, and Musk has claimed for the past few years, ever since he took over Twitter and renamed it to X and started restoring accounts of those who are politically on the “Right” as “Conservatives” to gain their support, that he was not associated with the “evil” WEF.

Did he change his mind, or was he summoned to appear and given no choice?

When he sits down he seems to give a Freemason hand sign, one that Trump makes all the time, by putting his finger tips together to make an upside down triangle, which symbolizes a woman’s vagina.

Musk then elaborates on “his” new religious dogma that he introduced at the Tesla shareholder meeting last November, which is “sustainable abundance.” (AI makes us all rich.) See:

Elon Musk’s Worship Service at Tesla Shareholder Meeting Introduces the New Tesla Cult Belief System

Here is a partial transcript:

Musk: “Life and consciousness is extremely rare and it might only be us (earthlings). And if that’s the case, then we need to do everything possible to ensure that the light of consciousness is not extinguished.

The way I view it is, the image in my mind is of a tiny candle in a vast darkness. Tiny candle of consciousness that could easily go out.

That’s why it’s important to make life multi-planetary, such as if there is a natural disaster, or a man-made disaster on earth, that consciousness continues. That’s the purpose of Space X.

If you have ubiquitous AI that is essentially free, or close to it, and ubiquitous robotics, then you will have an explosion in the global economy that is truly beyond all precedent.

I mean a way to think of it is that if you have a large number of humanoid robots, the economic output is, the average productivity per robot times the number of robots. And actually my prediction is, in the benign scenario of the future that we will actually make so many robots in AI that they will actually saturate all human needs.

Meaning you won’t even be able to even think of something to ask the robot for, at a certain point. Like, there will be such an abundance of goods and services… my prediction is that there will be more robots than people.”

Fink: “But how then do you have human purpose in that scenario?”

Musk: “Nothing’s perfect, you know. I mean it is a necessary – like you can’t have both. You can’t have work that has to be done, and amazing abundance for all. Because if it is work that has to be done, and only some people can do it, then you can’t have abundance.

But if you have billions of humanoid robots, I think there will be, I think everyone on earth is going to have one, and going to want one. Because you would want a robot to, you know, assuming it is very safe, watch over your kids, take care of your pet.

If you have elderly parents, a lot of friends of mine said they have elderly parents, it’s very difficult to take care of them.”

Fink: “Expensive.”

Musk: “Yeah, it’s expensive, and there just aren’t enough people to take care of the, there are not enough young people to take care of the old people. If you had a robot that could take care of and protect an elderly parent, I think that would be great. That would be an amazing thing to have.

And I think we will have those things.”

Musk then stated that AI will be smarter than people by the end of this year.

“At the rate at which AI is progressing, we might have AI that is smarter than any human by the end of this year, and I would say no later than next year.”

And yet, Musk still is not selling any humanoid robots. He promised at the beginning of 2025 that by the end of the year there would be a “legion” of robots (about 5000) in people’s homes, and then at his Tesla shareholder meeting in November of 2025, he said that there would be a production line producing 1 million Optimus robots in 2026.

And now here we are just a couple of months later, and he stated in this interview with Larry Fink that he expected to have Optimus robots in people’s homes by the end of 2027 (next year.)

And Wall Street cheered, as Tesla stock went up yesterday. The Tesla cult and AI belief system is still firmly in tact.

Watch the full interview.

What Larry Fink’s WEF Taught Us this Year

I think the agenda of this year’s WEF is very clear for those who have eyes to see and ears to hear.

They are warning us that there is going to be a crash in the financial system because of overspending on AI.

Here is a report published on the Wall Street publication MarketWatch earlier this week:

‘Falling apart in real time.’ Former star Fidelity manager warns on OpenAI, tells investors to shelter in these assets

Excerpts:

Bearing the brunt of Tuesday’s steep 2% retreat in the S&P 500 was tech, as the Magnificent 7 shed a collective $683 billion in market cap, according to Dow Jones Market Data.

Our call of the day from ex-Fidelity manager George Noble warns of an “astronomical” risk profile from adjacent investment plays to AI researcher and developer OpenAI.

Flagging his post on X was “The Big Short’s” Michael Burry, a steady critic of the AI boom who shot to fame for accurately calling the housing bust.

“This is not surprising and will not end with OpenAI,” he said of Noble’s post.

A respected Wall Street veteran, Noble’s career began in the early 1980s at Fidelity, where he worked alongside legendary investor Peter Lynch and ran the company’s first international fund, the Fidelity Overseas Fund, which was the No. 1 fund in the U.S. for several years. He also launched two billion-dollar hedge funds.

Noble’s Monday post — “OPENAI IS FALLING APART IN REAL TIME” (yes, all caps) — is a rundown of the warning signs he sees over OpenAI, such as rising competition and falling traffic for ChatGPT. He also flags its heavy losses, quoting Deutsche Bank estimates that the company would see $143 billion in cumulative negative cash flow before turning a profit.

“I’ve watched companies implode for decades. This one has all the warning signs,” he wrote.

Noble said there’s been little discussion of the vast energy needed to keep these AI companies going, saying it will cost five times the energy and money to make models two times better.

“The low-hanging fruit is gone. Every incremental improvement now requires exponentially more computer, more data centers, more power,” said Noble.

Add to that its failures with GPT-5, a “talent exodus,” and then a lawsuit by Elon Musk, he said.

“Here’s what I think happens next: The AI hype cycle is peaking. The diminishing returns are becoming impossible to hide. Competitors are catching up,” he said.

Full article.

What I am reading here between the lines, and seeing now what the focus is from the globalists who run the world based on this week’s WEF meetings, is that they are already picking the winners and losers in the AI race.

OpenAI was a nobody, practically a nothing company, prior to them licensing their ChatGPT to Microsoft and then releasing the app in November of 2022.

Now Sam Altman is a multi-billionaire.

But in 2025, Google, which is exponentially many times larger than OpenAI, with access to most American’s data that they freely give to Google through Gmail, Android phones, YouTube, etc., has now caught up to OpenAI and surpassed it with their latest release of Gemini.

Likewise, many Wall Street analysts have predicted that Nvidia cannot maintain its pace in revenue, because like OpenAI, they were never part of the “Magnificent 7” Big Tech stocks until ChatGPT was released, and went viral, creating a huge demand for powerful computer graphic chips.

Nvidia was simply in the right place at the right time, because they already produced graphics-heavy computer chips for the booming online gaming community.

But now everyone is starting to build these power-hungry chips, including Amazon Web Services, Google, Microsoft and others. The Trump administration actually took ownership of the former largest computer chip producer in the world, Intel, last year.

And many more within the field of technology are waking up to the fake hype of AI, and their current failures, and are reporting on it.

This was just published recently by The Information:

Dashcam Maker Motive Touts AI but Relies on Humans

Company sells dashcams for trucking companies to monitor drivers but has 400 Pakistani workers vetting its AI results.

Excerpts:

Last summer, a manager at startup Motive Technologies sent an urgent Slack message to 400 employees based in Pakistan. “WE HAVE A PROBLEM,” it said in all caps.

Motive sells AI-powered dashcams that allow trucking companies to monitor drivers and send alerts about crashes and other safety issues. In August, the dashcams recorded a string of collisions, but customers never received the alerts.

The AI system had detected the crashes and flagged them to the roughly 400 Pakistani workers the company employs to vet AI output. But those employees didn’t spot the crashes in the stream of video feeds they were supposed to review.

When Motive learned what had happened, it dug deeper and found more problems. “I want to transparently share—the radius of the problem is large,” a manager told employees in a Slack message viewed by The Information.

“We reviewed a targeted 2 days of data and found bigger issues. A lot of clear misses.”

Full article.

Here is another one they just recently published:

Anthropic and OpenAI’s Coding Tools Produce Websites with Security Flaws

Excerpts:

Websites created through coding tools from OpenAI, Anthropic, Cursor, Replit and Devin have security flaws, new research shows. These AI-generated websites can be tricked into leaking sensitive data or mistakenly sending money to hackers, AI security startup Tenzai told The Information.

“Our initial goal was to compare these different AI coding tools and see which one was best for security,” Tenzai researcher Ori David said.

“Our conclusion was that we don’t really have a winner. All of them do a pretty bad job.”

This is the reality of where AI is today. Almost everything they are trying to sell about AI is hype about the future.

And the world’s financial leaders just admitted this at the WEF.

I was recently trying to assist someone in purchasing a used vehicle. We spotted a used vehicle that met the requirements, so I went to the dealer’s website to inquire about it.

First, the “Contact” submission form did not work. So I clicked on the “Live Chat” button to talk to someone.

What responded was clearly an AI “agent”. The first thing it tried to do was book an appointment to view the vehicle. I refused, stating that we needed more information first.

So it asked for my phone number, and I replied that I would only communicate by email for now. Then it asked me for my full name, and I refused to give it, stating that I knew this was a Chatbot (Google had a privacy statement attached to it) and would only talk with a real person because I did not want to contribute data about myself to the AI.

Then it said they would send my request to someone at the dealership.

I received an email with a woman’s name, a very common type of name, who identified as a “virtual assistant” at the dealership.

I replied by email:

I will not deal with AI assistants – only real people.

Please have a real person contact me.

I thought to myself, if she is a real person, she will respond and say so. But this was the response:

Thanks for letting me know, Brian! I’ll have a sales consultant reach out to you directly as soon as possible.

Yeah, I thought so.

Then when what looked like a real person with a real name emailed me, he stated that he was in New Car sales and wanted to know how he could help.

So the AI “assistants” did not even pass on to a real person the actual car we were inquiring about, which was a used car, not a new one.

THIS is how crappy this AI junk works, and we can look forward to much more of it in the future in an effort to eliminate human jobs in the U.S. If they do use humans, and most do, they will be people in places like Pakistan and India behind the scenes trying to keep the AI crap running, at pennies on the dollar for what it would cost for that support in the U.S.

It will NEVER replace humans, because the Human Superior Intelligence (HSI) network is far superior to Tiny Tech, and always will be.

Read more about the HSI network here.

Do NOT be fooled by the promises and threats of these Globalists. AI will never supply “sustainable abundance” where we will all get rich and let AI do everything for us.

It is already being widely reported that skilled labor cannot be replaced by AI, such as craftsmen, builders, farmers, etc. And who will maintain these mythical robots if they are built by the billions? Where will the power come from? How will we dispose of them when they need to be replaced every few years with newer and better models?, etc.

Nobody has even figured out how to build a robot hand that can do the same things human hands can do, which are created by God.

Hands are the Downfall of Robotics – Man Has Failed to Duplicate what God has Created with Human Hands

RESIST the AI cult! Every chance you have, like I did when helping to purchase a used vehicle, choose to reject AI and choose to only work with a real human.

Elon Musk is a known LIAR, who serves his master, the Father of Lies. Everyone will NOT want a personal robot in their home, especially because they will be connected to the Internet and transmitting everything that goes on in your home back to the “scale operators”, as Larry Fink refers to them.

AI is the new idol of modern man. How can we not be in the “last days” of human civilization on earth?

The present heavens and earth are reserved for fire, being kept for the day of judgment and destruction of ungodly men.

But do not forget this one thing, dear friends: With the Lord a day is like a thousand years, and a thousand years are like a day. The Lord is not slow in keeping his promise, as some understand slowness. He is patient with you, not wanting anyone to perish, but everyone to come to repentance.

But the day of the Lord will come like a thief. The heavens will disappear with a roar; the elements will be destroyed by fire, and the earth and everything in it will be laid bare.

Since everything will be destroyed in this way, what kind of people ought you to be?

You ought to live holy and godly lives as you look forward to the day of God and speed its coming.

That day will bring about the destruction of the heavens by fire, and the elements will melt in the heat.

But in keeping with his promise we are looking forward to a new heaven and a new earth, the home of righteousness. (2 Peter 3:7-13)

Related:

The Idols are no longer Mute – They Talk Back through AI and Tell us What we Want to Hear

What is the Difference between “Life” and “Lifeless”? Has the New Technology Actually Improved our Lives?

Comment on this article at HealthImpactNews.com.

This article was written by Human Superior Intelligence (HSI)

See Also:

Understand the Times We are Currently Living Through

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Who are God’s “Chosen People”?

KABBALAH: The Anti-Christ Religion of Satan that Controls the World Today

Christian Teaching on Sex and Marriage vs. The Actual Biblical Teaching

Exposing the Christian Zionism Cult

The Bewitching of America with the Evil Eye and the Mark of the Beast

Jesus Christ’s Opposition to the Jewish State: Lessons for Today

Identifying the Luciferian Globalists Implementing the New World Order – Who are the “Jews”?

The Brain Myth: Your Intellect and Thoughts Originate in Your Heart, Not Your Brain

What is the Condition of Your Heart? The Superiority of the Human Heart over the Human Brain