Artificial
intelligence has become a key part of our lives. Many civil societies, big tech leaders and governments across the world have often cited concerns around AI. Now, SoftBank founder and CEO Masayoshi Son has dismissed concerns that the AI boom is turning into a market bubble, arguing that the technology is still in its early stages, as per Reuters. He argues that AI has much greater potential ahead.
AI Remains SoftBank's Biggest Bet
Speaking at SoftBank’s annual shareholder meeting on Wednesday, Son said that describing AI as a
bubble could underestimate the scale of change the technology may bring in the coming years. He reportedly told investors, “It is only the beginning.”Son’s comments come at a time when investors are increasingly debating whether the rapid rise of AI-related companies can be sustained. The rising excitement around AI has pushed valuations higher across the technology sector, while companies continue to invest billions in infrastructure and new products. Notably, SoftBank has positioned itself at the centre of this trend through its investments in AI companies, including OpenAI. Son has repeatedly expressed confidence that AI will reshape industries and create significant economic opportunities. Despite increasing concerns about AI in the market, Son indicated that he believes the current wave of
AI development is still at an early stage compared to what is coming next.Apart from software, Son has also highlighted the importance for infrastructure for the AI era. He said SoftBank is interested in investing in power generation projects and suggested that , if Tokyo Electric Power Co. were to join the group, SoftBank may work to expand electricity supply and bring AI data centres to Japan.Moreover, Son also revealed that the company has started manufacturing robots at what he called a ‘physical AI plant’. Son's remarks highlight how some of the world's largest technology investors remain convinced that AI is still in the early innings of development. While concerns about an AI bubble continue to grow, companies are accelerating investments in chips, data centers, robotics and advanced AI systems.