Softbank Sun said that under the development of the Internet today, artificial intelligence and computing power are growing, but it has not yet reached its peak. The future robot industry is the hope of mankind.
According to foreign media reports, Softbank CEO Masayoshi Son said on Wednesday that the acquisition of ARM by Softbank is only the beginning of a surge in demand for semiconductor products, as robots will surpass humans in the smart arena by the end of the century.
Softbank acquired chip designer ARM Holdings for $32 billion last year. He said his company expects the chip market to grow to 1 trillion chips, 90% to 99% of which are designed by ARM.
This is not the only bet that Sun Zhengyi has in the chip field. He also invested $4 billion in NVIDIA. These are all part of the singularity, and some scientists believe that in the near future, robots will be smarter than humans. Sun Zheng said that he expects the engine's IQ to reach 10,000 points in the next 80 years.
Sun Zhengyi spoke about his $100 billion vision fund at the Future Investment IniTIaTIve conference in Riyadh, Saudi Arabia. The fund's main investment targets are artificial intelligence, including robots and self-driving cars.
Sun Zhengyi said that the fund has invested 15 times in the past five months, with a return rate of 22% and a specific return of $3 billion. The fund is largely supported by Saudi Arabia’s sovereign wealth funds. At least one investor warned that the huge cash flow from Softbank to technology startups is pushing up valuations.
But after experiencing the Internet bubble, Sun Zheng said that most people reacted excessively to the "peak" of the Internet. This is an expected problem, not a development trajectory of technology. In fact, Sun Zheng believes that many technology stocks hit new highs in 2017 but only the beginning of their respective valuations.
Sun Zhengyi said: "My highest return on investment record in the past 18 years is 44%. People say that I am high risk and high return, indeed. I don't know if this is a high risk, if you consider it thoroughly enough, if You work hard enough. If you make a smart decision, I think this is not only a high return, but also a good investment model."
Sun Zheng said that he plans to create more funds of the same size in a faster frequency in the future. He said that while big companies like Apple and Microsoft will continue to innovate and fight each other, he is looking for newcomers with subversive potential.
Sun Zheng said: "The use of the Internet, including the use of artificial intelligence and computing power, will continue to grow and has not yet reached its peak."
Sun Zheng said that he hopes that by 2050 robots will be smarter than humans. But he also believes that robots do not get any benefit from attacking humans, but choose to live in harmony with humans.
Sun Zhengyi said: "The gold rush is only about money. It doesn't matter. It's just a process. What's more important is human happiness. How can we help ourselves and make us happier? I am a very optimistic person. I believe there is always a solution in everything."
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