OpenAI CEO Sam Altman Reassures SoftBank's Masayoshi Son about AI's Increasing Demand
OpenAI CEO Sam Altman assures SoftBank Group founder Masayoshi Son about AI's increasing demand in coming days: '... seems to be huge'

OpenAI CEO Sam Altman has reassured SoftBank Group founder Masayoshi Son that demand for artificial intelligence in the coming days is only going to increase. Altman, who leads the company behind popular chatbot ChatGPT, emphasised the need to keep on building more computing capacity to better serve the upcoming demand. Speaking at SoftBank World via teleconference, the two business partners agreed that advancing AI would create new jobs that are currently unimagined and that robotics would initiate a "self-improvement" loop. Their conversation, addressing Japanese business and enterprise leaders, mainly centred around the theme of self-replicating innovation.

What Sam Altman said about AI's demand in the future

Responding to Son's concerns if returns slow down from further expansion of AI, Altman said: "As we drive the cost of AI down, more people want to use it. So if we make the cost of AI 10 times cheaper, people wanna use it 30 times as much or whatever. And the demand for intelligence in the world just seems to be huge. As we think about scaling in the future, way beyond 10 gigawatts, we'll need new technologies and new construction." At the event, Altman also discussed the concept of robots building other robots, while Son further developed the idea of AI agents learning independently and then creating new ones to boost productivity, reports Bloomberg. Son also shared a plan to deploy a billion AI agents within the SoftBank group by this year and even design an operating system for them the report added. This comes after SoftBank and OpenAI launched a 50-50 joint venture to offer an enterprise AI product called Cristal Intelligence across various Japanese industries in February. SoftBank is set to invest $3 billion annually to adopt OpenAI's tools. Meanwhile, investor optimism has pushed SoftBank shares up by 38% in June. However, concerns remain over energy demands and risks from its complex financing that keep the stock undervalued compared to its assets.

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