SoftBank CEO Predicts AI Will Dwarf Dot-Com Boom
SoftBank CEO Predicts AI Will Dwarf Dot-Com Boom
Publish Date: 2026-06-01 20:41:00
Source Domain: www.pymnts.com
- SoftBank CEO Masayoshi Son anticipates a market correction in the artificial intelligence sector and believes it will rebound quickly.
- Son compares AI’s potential impact to past market corrections in auto and electronics sectors and the dot-com boom, stressing AI’s significance.
- Son suggests that the AI revolution is considerably larger than the dot-com revolution and calls it the biggest technological revolution in human history.
- SoftBank announced a significant investment of €75 billion to expand AI infrastructure and data center capacity in France.
- Son emphasizes that countries investing in AI infrastructure will shape the future of technology, industry, and society, highlighting France’s unique position to lead in Europe.
- Son predicts that “artificial super intelligence” surpassing human intelligence by a factor of 10,000 will be developed within ten years, improving everyday life.
- SoftBank’s acquisition of ABB’s robotics business for $5.375 billion aims to boost its existing AI and robotics investments.
