WONG IN-HOON: AI WILL NOT REPLACE SOFTWARE. MARKET PANIC IS "IRREGULAR."

FEBRUARY 5TH. ACCORDING TO THE ASSOCIATED PRESS, INWEIDA CEO Jen-Hsun HuangIn his recent statement, he said, "AIWill replacehardwareThe idea of "and its tools" is not valid。

WONG IN-HOON: AI WILL NOT REPLACE SOFTWARE. MARKET PANIC IS "IRREGULAR."

He emphasized that the core of artificial intelligence lay in more efficient use of existing software tools rather than re-establishing the entire software ecology。

Wong In-hoon pointed out that last week, following the release of an upgraded chat robot by Anthropic, the market’s concern about the subversion of the business model in the software industry increased, leading to a massive sale of the American share software plate。

The London Stock Exchange Group fell 13%, Townsend fell 16%, Legalzoom.com Inc. fell 20%。

In that context, Huang In-hoon emphasized the complementarity between artificial intelligence and software tools。

He indicated that artificial intelligence systems were designed to work with, and not to replace, existing tools. In his view, software tools were themselves created for complex operations and would therefore continue to be an important component of advanced artificial intelligence ecology。

He stated: "It is not logical in the world that the tools of the software industry will be replaced by artificial intelligence. I'm sorry

IT WAS ALSO REPORTED BY BLOOMBERG THAT YESTERDAY, AT A MEETING IN HOUSTON, YOUNG WEIDA CEO WONG IN-HOON STATED THAT THE CURRENT EXPANSION OF ARTIFICIAL INTELLIGENCE, WHICH IS PLACING PRESSURE ON THE GRID GLOBALLY, WOULD ULTIMATELY DRIVE DOWN ENERGY COSTS。

Since this year AI Model size continues to expand, data centre construction accelerates, and external concerns about energy consumption are rising。

Wong In-hoon believes that market forces are forcing industry to invest more in electricity infrastructure, which in turn will improve energy supply capacity and modernize the electricity grid。

Huang In-hoon noted that overall efficiency will increase over time as more artificial intelligence technologies are introduced into the energy production and distribution chain。

He stressed that "energy costs will decline" and said that the growth in power demand was prompting enterprises and Governments to accelerate the expansion of power capacity, which would lead to long-term structural improvements。

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