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World💻 Technology13 hr. ago

SoftBank's Son says AI will need $5 trillion per year by 2040, dismisses bubble talk

Masayoshi Son, CEO of SoftBank, has stated that artificial intelligence (AI) will require approximately $5 trillion annually by the year 2040 to support its development and implementation. In making this claim, Son addressed concerns regarding whether the current enthusiasm around AI constitutes a 'bubble,' dismissing such notions. He emphasized the substantial investment needed to realize the potential of AI technologies across various sectors. This projection highlights the anticipated scale of financial commitment required to advance AI capabilities significantly over the next few decades.

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Reuters logoReutersIndependentCenter13 hr. ago
SoftBank's Son says AI will need $5 trillion per year by 2040, dismisses bubble talk

Masayoshi Son, CEO of SoftBank, has stated that artificial intelligence (AI) will require approximately $5 trillion annually by the year 2040 to support its development and implementation. In making this claim, Son addressed concerns regarding whether the current enthusiasm around AI constitutes a 'bubble,' dismissing such notions. He emphasized the substantial investment needed to realize the potential of AI technologies across various sectors. This projection highlights the anticipated scale of financial commitment required to advance AI capabilities significantly over the next few decades.

Bias read (Center): The article discusses technological projections related to AI investment requirements and does not present any political stance or controversy. It focuses on economic forecasts and industry perspectives without leaning towards any particular ideological viewpoint.

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