● Importantworld2 outlets covering this

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

First publishedJul 14, 05:30 UTC
Last updatedJul 14, 13:58 UTC · 12m ago
11 outletInvesting.com · Stock Market11 outletSeattle Times
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TOKYO (AP) — 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.

Reported by 2 outlets Seattle Times, Investing.com · Stock Market. See all sources ↓

TOKYO (AP) — 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.” “Those who refuse to evolve are closing down their world. Those who condemn AI are themselves spitting upward,” Son added.

Read the full report at Seattle Times

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In brief
What's the story?
TOKYO (AP) — 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.
How widely is it covered?
2 outlets, average source rating 6.0/10.
When was it last updated?
12m ago.
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    Scouting report

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

    Sources2
    TypeCoverage
    Seattle Times
    Investing.com · Stock Market
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