India’s next phase of growth will demand both scale and conviction, with the country needing the equivalent of “100 new Reliances” over the next few decades even as artificial intelligence reshapes global productivity rather than inflating a speculative bubble, Mukesh Ambani and Larry Fink said at a joint interaction on Tuesday. Speaking at a JioBlackRock fireside chat, Ambani said that India’s economic ambitions — including the goal of becoming a $30 trillion economy — cannot be met without a deep and sustained expansion of its entrepreneurial base. At the same time, Fink rejected the view that the current surge of investment into AI is excessive, saying the larger risk lies in under-investing and losing competitiveness in the next wave of global innovation.