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During a conversation with BlackRock Chairman & CEO Larry Fink, Reliance Chairman Mukesh D Ambani emphasised that “embracing technology will reposition India in the world. During a fireside chat on "Investing For A New Era" Mukesh Ambani and Larry Fink emphasized the role of AI and related technologies in transforming asset management by making passive investing work at scale. "Through AI, you have better understanding of your clients, better understanding of your inventory controls. You have so many advantages by the application of AI and technology,” Fink said. Mukesh Ambani urged Indian savers to use modern technologies to gain a competitive advantage. “We see that young Indians adapt to technology faster than everybody. We’ve seen it first hand over the last five years… we should use that to our competitive advantage," he said. Addressing the audience, BlackRock Chairman & CEO Larry Fink noted how investors in the United States who stuck with active funds witnessed stagnation of their investments, while those who invested in the capital market saw significant growth. “What we’ve learned in the US for that segment of the population that had invested with the growth of America is that they’re far better off than those who just kept all their money in a bank account. If you believe in the era of India, which I believe in, we need to get more people investing alongside the growth of a country,” said BlackRock Chairman & CEO Larry Fink.