Business · Economy · 2 hrs ago
Blackstone’s Gray flags global risks and improving investment conditions in India
Blackstone executive Jonathan Gray warned that technology, conflict and government debt pose major risks to the global economy.
At a panel in New Delhi, he said artificial intelligence could reshape consumers, businesses and governments.
He said India's improved infrastructure, dispute resolution and openness to foreign investment are supporting growth.
Gray noted that sectors once largely closed to foreign investors have opened up over the past two decades.
Blackstone plans to focus on electricity, digital infrastructure, defence and life sciences as AI expands.
He said AI-driven vehicles and robots will raise electricity demand, while the technology could also improve healthcare.
Other panelists warned that wars, geopolitical competition and technology's effects on jobs add to uncertainty.
Gray said high government debt could leave some countries less able to respond to future shocks.
Blackstone President and Chief Operating Officer Jonathan Gray said technology disruption, geopolitical conflicts and government debt are major risks to the global economy.
He said improvements in India’s infrastructure, dispute resolution and openness to foreign investment are supporting its growth prospects.
Gray said artificial intelligence could transform consumers, businesses and governments, and shape investment opportunities.
He said Blackstone will focus on electricity, digital infrastructure, defence and life sciences as AI expands into physical applications.
The remarks came during a panel discussion at Bloomberg New Economy 2026.
- Who
- Jonathan Gray, Blackstone’s president and chief operating officer, and other panel participants.
- What
- Gray outlined global economic risks and said India’s investment environment is improving.
- When
- During Bloomberg New Economy 2026. The article was published on October 13, 2026.
- Where
- New Delhi, at a panel discussion titled “The End of Predictability.
- Why
- Gray said technology disruption, geopolitical conflicts and government debt pose risks, while better infrastructure and investment conditions support India’s growth.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Panel
- The End of Predictability
- Event
- Bloomberg New Economy 2026
- India
- Gray cited improvements in infrastructure and dispute resolution
- Blackstone investment focus
- Electricity, digital infrastructure, defence and life sciences
What people are saying
The biggest thing will be technology, technology because I think that's the thing that's going to define this era
the lack of fiscal sustainability in western governments
benefits to human health are going to be the number one thing that's going to come from it
cocktail of risks
Sources
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