PANews reported on October 29 that according to Jinshi, SoftBank CEO Masayoshi Son said that the current market's short-term focus on quarterly reports may lead to an underestimation of future potential. He pointed out that although critics believe that only 5% of progress in artificial general intelligence (AGI) and super intelligence (ASI) will have substantive value in the next decade, the current perception of generative artificial intelligence is significantly overestimated, which may reflect a market bubble.
Son also mentioned that although some people think Nvidia's valuation is overvalued, he believes it is actually undervalued. He predicted that if artificial intelligence can replace 5% of the global GDP in the next decade, it will contribute about $9 trillion per year. In addition, he reviewed the contribution of large-scale investments in 2014 to SoftBank's success, although some investment returns have been mixed.
