SoftBank chairman and CEO Masayoshi Son believes that people calling for an AI bubble need more intelligence.
In a new Fil Institute interview with Richard Attias, Son says fears about an AI bubble have been rising following the S&P 500 pullback last month.
According to Son, the naysayers are missing the bigger picture on the long-term transformative nature of the technology cycle.
“So people ask, is AI a bubble? This is a fundamental question, especially recently when the AI share goes up and down. I would say the people who ask questions about the AI bubble, the people who ask that question are not smart enough. That’s my straight answer.”
Son urges critics to zoom out and check the math, highlighting that the trillions of dollars in investments today and in the coming years pale in comparison to the revenue generated by the AI boom in just a decade.
“If you think about AI in 10 years, AI in 30 years, how much would it be smarter? I would say 10,000 times, 100,000 times, it will be smarter for sure. Even if it’s only 100 times, okay? It’s so much smarter than humans. Even today. It has already passed the PhD in every subject.
When that superintelligence comes, I would say at least 10% of global GDP would be substituted by superintelligence and physical AI robots. At least 10%. What is 10 % of the absolute amount of money? And what is the cumulative CapEx (capital expenditure) do we have to invest in our AI next 10 years? Next 10 years, let’s say $10 trillion.
$10 trillion cumulative investment. It’s a lot of money… But if we achieve 10% of global GDP being substituted by this AI and physical AI, robotics combined, that is $20 trillion per year. So the cumulative investment of $10 trillion can be recouped. Total 10 years of cumulative investment recouped in six months.”
He says the potential return on that investment makes bubble fears irrelevant and frames the next decade as one where financial upside outweighs short-term market swings.
“Where is the bubble I’m talking about? The people who talk about such a stupid question are not smart enough. Period.”
Disclaimer: Opinions expressed at CapitalAI Daily are not investment advice. Investors should do their own due diligence before making any decisions involving securities, cryptocurrencies, or digital assets. Your transfers and trades are at your own risk, and any losses you may incur are your responsibility. CapitalAI Daily does not recommend the buying or selling of any assets, nor is CapitalAI Daily an investment advisor. See our Editorial Standards and Terms of Use.