Softbank CEO implores Japan to wake up to AI adoption

Oct 05, 2023 | News On Japan

Oct 05, 2023 (coinspeaker.com) - Softacom CEO predicted that Artificial General Intelligence (AGI) would be realized within the next decade.

Masayoshi Son, the founder and CEO of SoftBank Group Corp (TYO: 9984), has advised businesses in Japan to embrace the potential of Artificial Intelligence (AI) and called for early adoption. Son delivered the statement while speaking at the recent SoftBank World corporate conference, an annual event for the company’s corporate clients in Japan.

Son’s keynote address brimmed with optimism and a sense of urgency. He highlighted the importance of Japan catching up with the rapidly advancing AI landscape, emphasizing that the nation cannot afford to squander another decade. Japan, renowned for its technological prowess, has often lagged in adopting transformative technologies, and Son sought to change that narrative by rallying local corporations.

Throughout his speech, Son reaffirmed his belief in Arm Holdings Plc (NASDAQ: ARM), the chip designer majority-owned by SoftBank, as a crucial player in the AI revolution. He regards Arm’s technology as foundational to advancing AI capabilities. Son’s conviction in Arm stems from his view that AI has the potential to reshape industries across the board, and Arm’s innovations will be at the forefront of this transformation. ...continue reading

Source: ANNnewsCH

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