Softbank CEO Views AI and Massive Data as Key to Future

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The chief executive of SoftBank Group, Masayoshi Son, claims to the media in an interview that artificial intelligence united with information collected by billions of sensors will be amazing. It will bring on a data revolution that will advantage people more as compared to the Industrial Revolution in the 19th Century.

Son, the richest person in Japan, informed Softbank partners and customers assembled this week at a Tokyo hotel that he thinks huge data will assist deliver accident-free driving, cure cancer, and grow safer food.

Softbank CEO Views AI and Massive Data as Key to Future

The first carrier to provide Japan with the Apple iPhone, SoftBank, has purchased ARM, the top British semiconductor company, and its acquirement of Boston Dynamics, the U.S. robotics pioneer, declared last month is going through regulatory approval. Its investments have comprised Yahoo Japan and Alibaba, the Chinese e-commerce firm.

Son organized last year a private fund for worldwide investments in the technology industry, dubbed as Vision Fund. He did this with the potential to lift as much as $100 Billion. He has gained praise from Donald Trump, the President of the U.S., for pledging to spend $50 Billion to create 50,000 jobs in the U.S. startups.

Softbank this week declared that it will spend in Encored. Encored is the U.S. firm focusing in the energy sector in IoT technology. During in almost 3 Hours of presentation, Son rolled out some of the business enterprises he is tying up with, comprising OneWeb. Greg Wyler, chairman and founder of OneWeb, needs to propose reasonable Internet access for each person utilizing satellites as an alternative to underground cables.

Son on stage also purchased Spot. Spot is a 4-legged robot that can dance and climb steps. Other robots will be capable of carrying heavy loads, claimed Marc Raibert to the media in an interview. Raibert is the Chief Executive of Boston Dynamics. “Marc, we are about to together change the world,” Son claimed on stage to Raibert while addressing to the media.

SoftBank already provides the chatty, one of the most stylish companion robots in the market. Son appeared to be a tad bit defensive about his flagship robot while addressing to media.

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