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SoftBank CEO Masayoshi Son Rejects AI Bubble Fears, Calls for Trillions in Infrastructure Investment
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SoftBank CEO Masayoshi Son Rejects AI Bubble Fears, Calls for Trillions in Infrastructure Investment
Masayoshi Son dismissed concerns about an AI investment bubble and said the world needs $5 trillion in annual spending on data centers, chips, and energy systems.
- Son spoke at an annual SoftBank event in Tokyo on Tuesday.
- He described fears of an AI investment bubble as "stupid" and said AI will transform life and generate profits.
- Son said the world will need approximately $5 trillion in annual investment to expand data centers, chip production, and energy infrastructure.
- He predicted that by 2040, industries related to artificial superintelligence will replace about 20% of global GDP.
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