Masayoshi Son: The AI Wave Will Be Over 50 Times Larger Than the Internet Bubble
SoftBank CEO Masayoshi Son stated in a June 1 CNBC interview that the current AI wave will be more than 50 times the scale of the internet bubble era, and it has only just begun, with future profits and growth potential being extremely impressive.
He pointed out that after the internet bubble burst, greater growth was achieved through real profits, and AI will follow a similar path. He believes that the current pullback presents a good investment opportunity.
Market Mechanism: Investor optimism drives capital to accelerate gathering around AI-themed assets, benefiting SoftBank and Vision Fund holdings from valuation increases, while AI-related companies receive more funding support, putting traditional sectors under capital outflow pressure.
Supplementary Data: Son emphasized that AI is still in its early stages.
Source: Public Information
ABAB AI Insight
Masayoshi Son has repeatedly bet on technology waves since the 1990s, and this 50-fold assertion continues his narrative-driven approach to promoting SoftBank's Vision Fund investments. His long-term view of "greater growth after the bubble" was already evident during the early internet bubble.
In terms of capital flow, Son stabilizes market confidence and guides funding direction through public interviews, aiming to create a higher valuation environment for core AI assets held by SoftBank, such as Arm and OpenAI, while providing public support for future Vision Fund fundraising and increasing positions.
Similar to how he achieved massive returns through Alibaba after the internet bubble, SoftBank is currently at the peak of transitioning AI investments from the layout phase to a large-scale realization phase, focusing on strengthening positions during the pullback window.
Structural Judgment: Essentially, this is about capital concentration. Son's narrative of a 50-fold scale accelerates the one-way gathering of market funds towards the AI field, achieving a rapid transfer of pricing power from dispersed traditional assets to a few core AI companies. The mechanism relies on historical comparisons to reduce bubble fears, further concentrating capital during the pullback.
ABAB News · Cognitive Law
Every great wave first experiences a questioned bubble.
A pullback is not a risk, but a ticket to a 50-fold opportunity.
True long-termists are never afraid of scale.