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The Independent UK
The Independent UK
National
Mayuko Ono

SoftBank Group's CEO says $5 trillion a year needed globally to meet AI demand

Japan Softbank AI - (Kyodo News)

Worries about a bubble in artificial intelligence investments are absurd, SoftBank Group’s CEO Masayoshi Son said Tuesday, deriding such doubts as backward and akin to questioning the use of cars and planes.

“To ask whether AI is a bubble is a foolish question,” Son told executives at an annual company event in Tokyo. “AI will transform our lives completely, and do so in a way that generates profits.”

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