Google Boss Warns No Company Immune If AI Bubble Bursts

FILE PHOTO: A Google logo is seen at a company research facility in Mountain View, California, US, May 13, 2025. REUTERS/Carlos Barria/File Photo
FILE PHOTO: A Google logo is seen at a company research facility in Mountain View, California, US, May 13, 2025. REUTERS/Carlos Barria/File Photo
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Google Boss Warns No Company Immune If AI Bubble Bursts

FILE PHOTO: A Google logo is seen at a company research facility in Mountain View, California, US, May 13, 2025. REUTERS/Carlos Barria/File Photo
FILE PHOTO: A Google logo is seen at a company research facility in Mountain View, California, US, May 13, 2025. REUTERS/Carlos Barria/File Photo

The head of Google's parent company Alphabet warned that every company would be impacted if the AI bubble were to burst, in an interview to the BBC.

Sundai Pichai acknowledged there was "irrationality" behind the boom in artificial intelligence investment, which has fueled a tech rally this year.

But fears that the AI bubble could burst have led to a selloff, sending global stock markets tumbling in recent months.

Asked if Google would be impacted by the AI bubble bursting, Pichai told the BBC: "I think no company is going to be immune, including us."

The interview, published late Monday, covered long-standing concerns surrounding AI, including energy needs, reducing climate targets, accuracy and the impact of AI on jobs.

Pichai warned of the "immense" energy requirements of AI, which accounted for 1.5 percent of global electricity consumption last year, according to the International Energy Agency.

AI's global computing footprint could reach 200 gigawatts by 2030 -- the annual equivalent of Brazil's electric consumption -- half of that in the United States.

Geopolitical tensions have helped drive a tech frenzy to build massive data centers housing tens of thousands of chips requiring a phenomenal amount of electrical power and large-scale cool.

Pichai said action was needed to develop new energy sources and strengthen infrastructure.

The tech boss also acknowledged that the energy needs of Alphabet's AI operations would delay the company's climate goals, but insisted the company was still aiming for carbon neutrality by 2030.

AI will also have an impact on work as we know it, he said.

Pichai said it would cause "societal disruptions," even potentially replace CEOs, and "people will have to adapt."

He insisted those who adapt to AI "will do better."

"It doesn't matter if you want to be a teacher or a doctor. All those professions will be around, but the people who will do well in each of those professions are people who learn how to use these tools."

Alphabet reported its first $100 billion quarterly revenue in October, which it said was buoyed by its ability to capitalize on the AI boom.

The tech giant has ramped up spending to meet demand for AI infrastructure and pushed a global rollout of AI features in Google Search and the company's Gemini AI models.



Swiss Interior Minister Open to Social Media Ban for Children

A teenager poses holding a mobile phone displaying a message from TikTok as law banning social media for users under 16 in Australia takes effect, in Sydney, Australia, December 10, 2025. (Reuters)
A teenager poses holding a mobile phone displaying a message from TikTok as law banning social media for users under 16 in Australia takes effect, in Sydney, Australia, December 10, 2025. (Reuters)
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Swiss Interior Minister Open to Social Media Ban for Children

A teenager poses holding a mobile phone displaying a message from TikTok as law banning social media for users under 16 in Australia takes effect, in Sydney, Australia, December 10, 2025. (Reuters)
A teenager poses holding a mobile phone displaying a message from TikTok as law banning social media for users under 16 in Australia takes effect, in Sydney, Australia, December 10, 2025. (Reuters)

Switzerland must do more to shield children from social media risks, Interior Minister Elisabeth Baume-Schneider was quoted as saying on Sunday, signaling she was open to a potential ban on the platforms for youngsters.

Following Australia's recent ban on social media for under-16s, Baume-Schneider told SonntagsBlick newspaper that Switzerland should examine similar measures.

"The debate in Australia and the ‌EU is ‌important. It must also ‌be ⁠conducted in Switzerland. ‌I am open to a social media ban," said the minister, a member of the center-left Social Democrats. "We must better protect our children."

She said authorities needed to look at what should be restricted, listing options ⁠such as banning social media use by children, ‌curbing harmful content, and addressing ‍algorithms that prey on ‍young people's vulnerabilities.

Detailed discussions will begin ‍in the new year, supported by a report on the issue, Baume-Schneider said, adding: "We mustn't forget social media platforms themselves: they must take responsibility for what children and young people consume."

Australia's ban has won praise ⁠from many parents and groups advocating for the welfare of children, and drawn criticism from major technology companies and defenders of free speech.

Earlier this month, the parliament of the Swiss canton of Fribourg voted to prohibit children from using mobile phones at school until they are about 15, the latest step taken at ‌a local level in Switzerland to curb their use in schools.


Google Warns Staff with US Visas against International Travel

FILE PHOTO: The Google logo is displayed during a press conference in Berlin, Germany, November 11, 2025. REUTERS/Lisi Niesner/File Photo
FILE PHOTO: The Google logo is displayed during a press conference in Berlin, Germany, November 11, 2025. REUTERS/Lisi Niesner/File Photo
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Google Warns Staff with US Visas against International Travel

FILE PHOTO: The Google logo is displayed during a press conference in Berlin, Germany, November 11, 2025. REUTERS/Lisi Niesner/File Photo
FILE PHOTO: The Google logo is displayed during a press conference in Berlin, Germany, November 11, 2025. REUTERS/Lisi Niesner/File Photo

Alphabet's Google has advised some employees on US visas to avoid international travel due to delays at embassies, Business Insider reported on Friday, citing an internal email.

The email, sent by the company's outside counsel BAL Immigration Law on Thursday, warned staff who need a visa ⁠stamp to re-enter the United States not to leave the country because visa processing times have lengthened, the report said.

Google did not immediately respond to a Reuters request for comment.

Some US embassies and consulates face visa ⁠appointment delays of up to 12 months, the memo said, warning that international travel will "risk an extended stay outside the US", according to the report.

The administration of President Donald Trump this month announced increased vetting of applicants for H-1B visas for highly skilled workers, including screening social media accounts.

The H-1B visa program, widely used by the US ⁠technology sector to hire skilled workers from India and China, has been under the spotlight after the Trump administration imposed a $100,000 fee for new applications this year.

In September, Google's parent company Alphabet had strongly advised its employees to avoid international travel and urged H-1B visa holders to remain in the US, according to an email seen by Reuters.


AI Boom Drives Data-Center Dealmaking to Record High, Says Report

AI (Artificial Intelligence) letters and robot hand are placed on computer motherboard in this illustration created on June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
AI (Artificial Intelligence) letters and robot hand are placed on computer motherboard in this illustration created on June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
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AI Boom Drives Data-Center Dealmaking to Record High, Says Report

AI (Artificial Intelligence) letters and robot hand are placed on computer motherboard in this illustration created on June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
AI (Artificial Intelligence) letters and robot hand are placed on computer motherboard in this illustration created on June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

Global data-center dealmaking surged to a record high through November this year, driven by an insatiable demand for ​computing infrastructure to meet the boom in artificial intelligence usage.

Data from S&P Global Market Intelligence showed that there were more than 100 data center transactions during the period, with the total value sitting just under $61 billion.

WHY ‌IT'S IMPORTANT

Interest ‌in data centers ‌has ⁠swelled ​this ‌year as tech giants and AI hyperscalers have planned billions of dollars in spending to scale up infrastructure.

AI-related companies have powered much of the gains in US stocks this year, but concerns over lofty ⁠valuations and debt-fueled spending have also sparked worries ‌over how quickly corporates can ‍turn the investments ‍into profits.

BY THE NUMBERS

Including M&As, asset ‍sales and equity investments, data center investments hit nearly $61 billion through the end of November, already surpassing 2024's record high $60.81 billion.

Since ​2019, data center dealmaking in the US and Canada totaled about $160 billion, ⁠with Asia-Pacific reaching nearly $40 billion and Europe $24.2 billion.

GRAPHIC KEY QUOTE

"High interest comes from financial sponsors, which are attracted by the risk/reward profile of such assets. Private equity firms are eager buyers but are generally reluctant sellers, creating an environment where availability for sale of high-quality data center assets is scarce," said Iuri ‌Struta, TMT analyst at S&P Global Market Intelligence.