AI’s current market effect is only the start; there will be much more for humanity to see in the future, particularly given that technology has the potential to completely transform human existence. But it’s also important to remember that artificial intelligence (AI) has a significant global impact. NVIDIA CEO Jensen Huang emphasizes this point, saying that nations must develop the infrastructure necessary to support AI advancements because it won’t be long before AI has a significant influence on how their economies and societies develop.
I agree with Jensen here, despite the claims of others that this statement serves just the needs of the company. The “extent” of automation we have seen in such a short time indicates that the technology has enormous potential, and the skills that AI has given to the industry are just the beginning. But since technology will advance far more quickly this time, it is essential that world leaders embrace a “sovereign AI infrastructure” as it will have a significant impact on national growth. Furthermore, Jensen has consoled people who maintain that AI isn’t a step forward for humanity by emphasizing that technology is made to coexist with human behavior and eventually support it.
Now for the really juicy part, particularly for NVIDIA as a business, Jensen claims that “general purpose computing” isn’t the most appropriate course of action when it comes to quickly, effectively, and affordably developing AI. He illustrated this point by pointing out that accelerated computing-the kind that exists in the modern world-has encouraged the development of AI and even its introduction into the market. According to him, upscaling accelerated computing is the only way the industry can move into its “next-generation” stage, with significant financial resources and effective hardware serving as the primary tools.
According to Jensen, the data center market might reach a stunning $2 trillion in sales within the next five years, which would eventually support the development of generative AI and other AI applications. Although the above statistic is unusual, it appears possible given the direction that the markets are currently taking. It’s also interesting to note that OpenAI CEO Sam Altman’s “wildly ambitious efforts” to raise $7 trillion for AI-focused chip fabrication make a lot more sense given that this is only the beginning and artificial intelligence will eventually become a vital aspect of human life with much broader applications.