Masayoshi Son says AI will cost $5tn a year by 2040, and calls bubble talk absurd

Masayoshi Son, SoftBank's CEO, projected that AI development will cost $5 trillion annually by 2040, arguing that such spending is justified given AI's potential to constitute 20% of global GDP. He dismissed concerns about an AI bubble and highlighted SoftBank's significant investments in AI, including over $60 billion in OpenAI. Son also forecasted that AI data centers will require energy consumption far exceeding current global levels, anticipating nuclear fusion as a future energy source.