More than 84 world leaders, 800 CEOs, and thousands others gathered amid the Alps this week to attend the World Economic Forum’s annual meeting in Davos, Switzerland.

Artificial intelligence — bubbles, jobs, robots, and surveillance — dominated tech-related panels and conversations at the summit. From Elon Musk’s vision for humanoid robots to Larry Fink’s bullish take on AI and Dario Amodei’s warnings, here’s what Davos revealed about the state of AI.

Is the AI bubble bursting?

Several moderators brought up the much-debated topic of the AI industry being in a bubble — a scenario where company valuations far exceed their current tangible value. Industry leaders approached the question from various angles but reached the same conclusion: All is well.

On the sidelines of the event, BlackRock CEO Larry Fink told Bloomberg TV he “sincerely believes” there is no bubble in the AI space.