{"id":194908,"date":"2025-06-18T17:02:12","date_gmt":"2025-06-18T17:02:12","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/194908\/"},"modified":"2025-06-18T17:02:12","modified_gmt":"2025-06-18T17:02:12","slug":"kevin-oleary-says-the-last-48-hours-at-the-g7-summit-prove-these-two-things-are-what-matters-most-to-every-aspect-of-the-economy","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/194908\/","title":{"rendered":"Kevin O’Leary Says ‘The Last 48 Hours’ At The G7 Summit Prove These Two Things Are What ‘Matters Most To Every Aspect Of The Economy’"},"content":{"rendered":"

Investor and Shark Tank star Kevin O’Leary<\/strong> says that every major deal emerging from the Group of Seven summit circles back to two assets \u2014 artificial intelligence and data centers.<\/p>\n

What Happened:<\/strong> Speaking on Fox Business’s “Varney & Co.,” O\u2019Leary said<\/a> the past 48 hours of meetings showed that “the country that has the energy, has the AI, has the economy, has the productivity and eventually is superior in warfare.”<\/p>\n

\u201cThis is all going to go to drones and robotics one day and the country with the best AI,\u201d he added.<\/p>\n

O’Leary’s comments landed just after President Donald Trump<\/strong> and Canadian Prime Minister Mark Carney<\/strong> launched a 30-day sprint<\/a> for a new trade pact. According to a Bloomberg report<\/a>, Carney said the framework must knit together tariff relief and joint investments in transmission lines that can power next-generation server farms.<\/p>\n

G7 leaders had already signed statements<\/a> on critical minerals and artificial-intelligence “for prosperity,” pledging to coordinate policies that guarantee low-carbon electricity for data-center clusters across member economies.<\/p>\n

See also: 7 Indicted After $100 Million Worth Of Gems, Gold Vanish In Largest Jewelry Heist In US History<\/a><\/strong><\/p>\n

Why It Matters:<\/strong> O’Leary recently warned<\/a> investors not to conflate AI enthusiasm with real capacity. “You can’t just pull that from the local grid without sending electricity bills soaring<\/a>. Cities won’t allow it, and communities push back hard<\/a>,” he said last month, calling power availability the new prime metric for tech valuations.<\/p>\n

\u201cWe can’t power the next generation of AI with optimism and solar panels alone,\u201d he added. Analysts at AInvest now note<\/a> that four of seven G7 members face double-digit electricity-price inflation, raising questions about how fast promised data centers can be delivered.<\/p>\n

Emphasizing the primary importance of energy security, O’Leary says: “It all boils down to what matters most in every aspect of the economy.\u201d<\/p>\n

Image via Shutterstock<\/p>\n

Read next: Nvidia Stock Could Rise Another 38%, Making Jensen Huang-Led AI Giant A Nearly $5 Trillion Company, Says Barclays<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"Investor and Shark Tank star Kevin O’Leary says that every major deal emerging from the Group of Seven…\n","protected":false},"author":2,"featured_media":194909,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[51,79388,24813,3826,1700,3825,79389,79390,79391,16,15],"class_list":{"0":"post-194908","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-category-global","10":"tag-category-news","11":"tag-cms-wordpress","12":"tag-economy","13":"tag-pageisbzpro-bz","14":"tag-tag-artificial-intelligence","15":"tag-tag-g7-summit","16":"tag-tag-kevin-oleary","17":"tag-uk","18":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114705448649045695","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/194908","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=194908"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/194908\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/194909"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=194908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=194908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=194908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}