# Blackstone COO warns of tech disruption, geopolitical risks 2026-10-13T12:56:42+00:00 | World & Diplomacy | Indian Opinion Desk Corroboration: 2 independent outlets Blackstone President and COO Jonathan Gray said technology-driven disruption, geopolitical conflicts and rising government debt are key risks to the global economy, while improvements in India's infrastructure and investment climate are supporting its growth prospects. Speaking at the Bloomberg New Economy Forum, Gray said artificial intelligence and superintelligence will transform consumers, businesses and governments, comparing the potential change with the Industrial Revolution between 1870 and 1900 in the United States. He said governments facing fiscal constraints could support growth by simplifying rules and tax policies to attract foreign capital. Times Now reports Gray said India's capital markets are 'probably second only to the United States' in liquidity and that Blackstone has moved multiple companies to India for listing, attributing the change to capital-market reforms and openness to foreign investment over the past two decades. The Economic Times adds that Gray warned about 'the lack of fiscal sustainability in western governments', with debt exceeding 100 per cent of gross domestic product making it hard to respond to future shocks. Tata Sons Chairman Natarajan Chandrasekaran flagged risks from technology misuse by bad actors and labour market restructuring, while former UK PM Rishi Sunak cited 61 state-based armed conflicts worldwide and warned economic security was becoming inseparable from national security. ## Indian Opinion Analysis Blackstone's Jonathan Gray has highlighted technology disruption, geopolitical conflicts and rising government debt as key risks to the global economy, while noting improvements in India's investment climate. The Economic Times reports Gray said India's infrastructure and dispute resolution have improved, and the government's openness to foreign investment has accelerated growth. Gray separately warned about fiscal sustainability in western governments. Times Now quotes Gray saying India's capital markets are 'probably second only to the United States' in liquidity, and that Blackstone has moved multiple companies to India to list. Times Now focused on Gray's India-specific praise, while The Economic Times provided a broader global risk assessment including warnings on fiscal sustainability. ## Coverage Coverage: 2 sources, 2 neutral - economictimes.indiatimes.com (neutral report) balanced coverage of global risks and India positives - timesnownews.com (neutral report) led with India market praise, omitted fiscal warning This brief was synthesised by AI from the 2 sources linked above, so one read covers every framing they carry. Tags: Blackstone, Bloomberg New Economy Forum, India, Jonathan Gray, Natarajan Chandrasekaran, Rishi Sunak Canonical: https://indianopinion.org/blackstone-coo-warns-of-tech-disruption-geopolitical-risks/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/blackstone-coo-warns-of-tech-disruption-geopolitical-risks/#story-in-brief How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/