SoftBank CEO Discusses Market Perceptions Of AI And Nvidia Valuation

According to PANews, SoftBank CEO Masayoshi Son has expressed concerns that the market's short-term focus on quarterly reports may lead to an underestimation of future potential. He highlighted that despite critics suggesting that only 5% progress in Artificial General Intelligence (AGI) and Artificial Superintelligence (ASI) over the next decade would hold substantial value, there is a significant overestimation of the current understanding of generative AI, which may indicate a market bubble. Son also addressed the valuation of Nvidia, stating that while some believe it to be overvalued, he considers it to be undervalued. He predicted that if AI could replace 5% of global GDP in the next decade, it would contribute approximately $9 trillion annually. Additionally, he reflected on the success of SoftBank's large-scale investments in 2014, despite varying returns on some investments.