John Elkann
ON THE RECORD · 8 verbatim quotes · every quote source-verified
“That's where you need to see where the mismatch can happen.”
John Elkann · said 2026-10-09 · reported 2026-10-09
Elkann warned that an AI supply and demand mismatch could pose a risk to markets.
“perfect example of how one company born in Italy can actually have global ambition, and be able to grow and compete in many different markets as they are doing.”
John Elkann · said 2026-10-09 · reported 2026-10-09
Elkann highlighted Milan-headquartered conglomerate Bending Spoons as an example of an Italian company with global ambition.
“The more of these companies we have, the more will end up having investors backing them.”
John Elkann · said 2026-10-09 · reported 2026-10-09
Elkann said the more globally ambitious European companies there are, the more investors will back them.
“The opportunity set ultimately determines where investors will want to go,”
John Elkann · said 2026-10-09 · reported 2026-10-09
Elkann observed that the opportunity set determines where investors will want to go in Europe.
“What is less certain is what are the revenue-generating mechanisms and business models out of that technology,”
John Elkann · said 2026-10-09 · reported 2026-10-09
Elkann said the energy and compute requirements for AI remain high, but questioned the revenue-generating mechanisms behind the technology.
“Again, I don't think ultimately bubbles, or bursts of bubbles, are going to be an impediment to what progress is, and how it is happening.”
John Elkann · said 2026-10-09 · reported 2026-10-09
Elkann argued that bubbles or their bursts would not stop the progress of AI technology.
“The more opportunities you have, the more capital will come to those opportunities.”
John Elkann · said 2026-10-09 · reported 2026-10-09
Elkann said more opportunities would attract more capital to European companies.
“I am not in the camp of the bubble believers,”
John Elkann · said 2026-10-09 · reported 2026-10-09
Elkann said he does not believe AI is in a bubble and that bubbles should not impede technological progress.