In today's rapidly evolving digital landscape, SoftBank CEO Masayoshi Son has expressed his belief that artificial intelligence and computing power are on a steady upward trajectory, but he doesn't think we've reached the peak yet. He sees the future of the robotics industry as a beacon of hope for humanity.
According to recent reports, Son highlighted that the acquisition of ARM by SoftBank is just the beginning of a massive surge in demand for semiconductors. He predicts that by the end of this century, robots will outperform humans in smart technologies. This vision aligns with SoftBank’s strategic move to acquire ARM Holdings for $32 billion last year. The company anticipates the global chip market to reach an astonishing one trillion units, with the vast majority—90% to 99%—being designed by ARM.
[Image: "ARM controls 90% of the chip market, Softbank Sun Justice is more optimistic about the robot industry" src="http://i.bosscdn.com/blog/24/74/21/5-1G02610554H37.png" style="width: 500px; height: 326px;" alt="ARM controls 90% of the chip market, Softbank Sun Justice is more optimistic about the robot industry"]
This isn't the only bet Sun has placed in the semiconductor sector. He also invested $4 billion in NVIDIA, all part of his broader vision known as the "singularity." Some scientists believe that in the near future, robots could surpass human intelligence. Sun envisions the AI engine's IQ reaching 10,000 points within the next 80 years.
At the Future Investment Initiative conference in Riyadh, Saudi Arabia, Sun unveiled his $100 billion vision fund, which focuses heavily on artificial intelligence, including robotics and autonomous vehicles. In just five months, the fund has made 15 investments, achieving a 22% return and generating $3 billion in profits. Much of this backing comes from Saudi Arabia’s sovereign wealth fund.
However, some investors have raised concerns that SoftBank’s heavy investment in tech startups is inflating valuations. Despite past challenges like the dot-com bubble, Sun believes many people overreacted to the so-called "peak" of the Internet. He argues that such fluctuations are normal and not indicative of a technology's long-term potential.
Sun recalls his highest ROI in the past 18 years was 44%. While others may see this as high-risk, he emphasizes that thorough research and smart decisions can make it a sustainable model. He plans to launch more funds at a faster pace in the future, focusing on innovative startups rather than just big players like Apple or Microsoft.
He remains confident that the use of the internet, AI, and computing power will keep growing and hasn’t hit its peak yet. His ultimate goal is to see robots surpass human intelligence by 2050, but he also believes that robots should coexist peacefully with humans, not pose any threat.
“Gold rushes are all about money, but it’s just a process,†Sun said. “What matters most is human happiness. How can we improve our lives and make ourselves better? I’m a very optimistic person. I believe there’s always a solution to every problem.â€
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