NOKIA CEO: THE LONG-TERM FUTURE OF ARTIFICIAL INTELLIGENCE IS "EXTREMELY WIDE" AND AI WILL NOT SLOW DOWN

On October 25th, according to Business InsiderNokiaPresident and Chief Executive Officer Justin Hotard In a recent interview, he says:AIThe investment will not slow down because the area is in a "super-cycle" and the long-term outlook is "extremely broad."。

NOKIA CEO: THE LONG-TERM FUTURE OF ARTIFICIAL INTELLIGENCE IS "EXTREMELY WIDE" AND AI WILL NOT SLOW DOWN

In an interview with the CNBC, which officially took over from Nokia CEO in April of this year, Hotard noted that the current use of artificial intelligence is still at an early stage, especially in the areas of auto-driving, enhancement and virtual reality, smart glasses and robotics, where penetration rates are still low。

He stressed that artificial intelligence not only contributed to large-scale network-building needs, but also led to long-term structural growth。

I believe that this is a growth trend that will continue for many years and that may fluctuate in the short term, but the long-term outlook is very large。

In response to external concerns about possible bubbles in AI investments, Hotard argued that this view was too short-sighted. He cited, for example, the fact that the Internet had also experienced bubbles in the early years, but that it had subsequently experienced growth in the period of the bubble。

At the same time, the technological giants continue to invest more. For example, Meta CEO Zuckerberg had indicated that the company planned to invest at least $60 billion in United States data centres and infrastructure by 2028. Although he admits that AI may have foam risks, he prefers "overinvestment" to "underinvestment"。

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