AI the 4IR
To capitalize on the tremendous wealth creation, the role of harnessing AI and its impact on the working population.
The AI stack will be a driver of innovation across all technology sectors, including genomics, nuclear tech, quantum computing, robotics, space-tech and national securities. By strategically allocating resources to support AI capabilities and collaborating with leading AI companies and investors worldwide, every nation should capture a share of the value generated by AI.
The following regions appear to be promising for investments, offering higher returns in the upcoming years.
1. Semiconductor
2. GPUs
3. Hyperscale Cloud Infrastructure
4. AI Applications
5. Humans
Just like how Russia, India, China are positioning themselves as a potential hub for artificial intelligence (AI) activities outside the U.S., leveraging its formidable funding mechanisms, and unwavering political resolve underscore a concerted effort to spearhead AI projects by using their Public, Private Funds and other Investments. Among the pioneers, Saudi Arabia has notably earmarked a staggering $40b towards AI endeavors including the procurement of thousands of Nvidia’s AI chips signaling a firm commitment to securing a leading position in the AI domain.
These ambitious AI endeavors may have strain on the country’s future fiscal, leading to unprecedented borrowing and potential stock sales. This is like what is the cost of inaction vs a call of action. Every country can’t miss this boat as this is the fourth industrial revolution. Let’s see who stands as leaders and who stands as laggards.
Yet, this journey towards AI dominance introduces a complex paradox while the pursuit of wealth creation remains a universal objective to any country but the potential for a diminishing working population looms, challenging the conventional dynamics of job creation and economic growth over time due to increased AI productivity and a lack of new roles. It remains to be seen what the impact of lesser jobs compared to AI capability!
As I delved into the fascinating realm of how artificial intelligence (AI) is reshaping global industries, an intriguing concept sparked my curiosity. I suspect that it is already on the radar of forward-thinking entrepreneurs and technologists.
Imagine a future where the traditional human-centric approach to decision-making, particularly in the high-stakes world of venture capital, undergoes a radical transformation. Picture this: AI-powered venture capital firms at the helm of the investment landscape, with AI entities serving as CEOs, CTOs, COOs and Capitalists. These autonomous AI agents would be capable of conducting due diligence, evaluating potential investments, and making strategic decisions at unprecedented speeds.
Consider the scenario where an entrepreneur approaches one of these AI-led venture capital firms with their startup pitch deck. Instead of enduring the prolonged, often nerve-wracking process of follow-up meetings and negotiations, they would receive a swift response — either a green light for funding or a polite rejection — within a mere 24 hours.
This concept isn’t just about speeding up the investment process; it’s about reimagining the foundation of how decisions are made within the financial world. AI-driven firms could potentially analyze vast datasets to identify emerging trends and make more informed decisions, free from the biases that sometimes influence human judgment.
- Saandip Mytreya N
