Google's boss tells the BBC, no company will be immune if the AI bubble bursts.

Live from the UK, this is the Marketplace Morning Report from the BBC World Service.

I'm William Lee Adams. Good morning.

The artificial intelligence revolution is firmly underway, with tech giants investing billions in research

and battling to secure key technologies

and assets. It's led to a boom in the stock market, but also panic about the potential

impact on jobs and society. Google is one of the companies investing heavily in the new technology.

Here's its CEO, Sundar Pachai, speaking to the BBC's Faisal Islam.

Every decade or so, you know, you have this inflection points.

You know, you have a new technology.

It was a personal computer at one point, the internet coming in the late 90s.

Then it was mobile.

Then it's been cloud, what we call it's cloud, now it's clearly

the era of AI. You know, maybe four years ago, Google was spending less than $30 billion per

year. This year, that number is going to be over $90 billion. And if you collectively add what

all the companies are doing,

we have well over a trillion dollars of investment going in,

building the infrastructure for this moment.

And one way I think about it is in the next couple of years,

we'll end up building what we probably built in the past 10 to 20 years.

Now, you mentioned some of those phases of technological advancement that happened with much

market excitement as well. And the obvious question is around the whole of this country and

...