{"id":431844,"date":"2026-06-24T23:20:52","date_gmt":"2026-06-24T17:50:52","guid":{"rendered":"https:\/\/dripp.zone\/news\/i-have-become-greedier-softbanks-masayoshi-son-bins-ai-bubble-says-he-will-chase-superintelligence-into-his-70s-crypto-news\/"},"modified":"2026-06-24T23:30:35","modified_gmt":"2026-06-24T18:00:35","slug":"i-have-become-greedier-softbanks-masayoshi-son-bins-ai-bubble-says-he-will-chase-superintelligence-into-his-70s-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/i-have-become-greedier-softbanks-masayoshi-son-bins-ai-bubble-says-he-will-chase-superintelligence-into-his-70s-crypto-news\/","title":{"rendered":"‘I have become greedier’: SoftBank’s Masayoshi Son bins AI bubble, says he will chase superintelligence into his 70s – Crypto News"},"content":{"rendered":"

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SoftBank founder and CEO Masayoshi Son told shareholders on Wednesday that artificial intelligence is still in its early stages and any talk of a bubble is “an insult to AI.”<\/p>\n<\/div>\n

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“I think it’s blasphemy against AI if you say it’s a bubble,” Son said at the Japanese conglomerate’s annual general meeting.<\/p>\n<\/div>\n

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“It’s just the beginning. AI’s potential will be unlocked.”<\/p>\n<\/div>\n

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The AI investment boom has driven up valuations even as investors question the sustainability of the rally, with SoftBank’s share price boosted by Son’s all-in bet on OpenAI.<\/p>\n<\/div>\n

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Son has experienced market booms and busts during his career, including the dot-com bubble and the COVID-19 pandemic<\/a>, when his portfolio fell into the “valley of the coronavirus.”<\/p>\n<\/div>\n

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SoftBank’s other investments include robotics and the group is building data centres in the U.S.<\/p>\n<\/div>\n

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Tokyo Electric Power Co<\/a> is looking to bring in external capital, and Son said his group was seeking to invest.<\/p>\n<\/div>\n

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“If (TEPCO) were to join our group, we would increase power supply and bring AI data centers to Japan,” he said.<\/p>\n<\/div>\n

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SoftBank has started manufacturing robots at its “physical AI plant” and will make an announcement on the matter soon, Son said without providing additional details.<\/p>\n<\/div>\n

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“I think we’re the first in the world to have robots manufacturing robots at scale,” Son said.<\/p>\n<\/div>\n

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The shareholder meeting provides an opportunity for Son to lay out his vision for the business and field questions from retail investors.<\/p>\n<\/div>\n

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Son has said that SoftBank is a golden-egg-laying goose and again returned to that comparison.<\/p>\n<\/div>\n

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“Eggs do not lay eggs, the goose lays the eggs,” he said. “SoftBank Group<\/a> is the factory that lays the eggs.”<\/p>\n<\/div>\n

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He also complained about the gap between the company’s market capitalisation of around 37 trillion yen ($229 billion) and the value of its assets, which total some 74 trillion yen.<\/p>\n<\/div>\n

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“How long do I have to fight to convince you that the goose did a good job?” Son asked.<\/p>\n<\/div>\n

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The entrepreneur, 68, said he will lead the company into his 70s to bring about “artificial superintelligence,” which he defines as being 10,000 times smarter than a human.<\/p>\n<\/div>\n

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“I have become greedier,” Son said. \u201cI would like to do more over the next 10 to 15 years. I will stay healthy as long as I can.\u201d<\/p>\n<\/div>\n

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One shareholder, who described herself as a “simple housewife,” asked Son to nominate her son to the board of directors.<\/p>\n<\/div>\n

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“You have great vision and skill,” she said. “I would like my son to become like you.”<\/p>\n<\/div>\n

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“I’ll keep that in mind,” Son replied.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

SoftBank founder and CEO Masayoshi Son told shareholders on Wednesday that artificial intelligence is still in its early stages and any talk of a bubble is “an insult to AI.” “I think it’s blasphemy against AI if you say it’s a bubble,” Son said at the Japanese conglomerate’s annual general meeting. “It’s just the beginning. […]<\/p>\n","protected":false},"author":2,"featured_media":431846,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[41666,13865,263,262,260,259,258,265,47669,202,261,2161,47671,47670,264],"class_list":["post-431844","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-metaverse","tag-ai-bubble","tag-artifical-intelligence","tag-axie-infinity","tag-axs","tag-decentraland","tag-facebook","tag-game","tag-mark-zuckerberg","tag-mayoshi-son","tag-nft","tag-sandbox","tag-softbank","tag-softbank-agm","tag-softbank-founder-and-ceo-masayoshi-son","tag-vr"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/431844","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=431844"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/431844\/revisions"}],"predecessor-version":[{"id":431847,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/431844\/revisions\/431847"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/431846"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=431844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=431844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=431844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}