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Masayoshi Son blasts critics who 'don't understand' AI's potential

SoftBank CEO predicts Vision Fund will see monthly IPOs around next year

SoftBank founder and CEO Masayoshi Son speaks to the Nikkei Asian Review in Tokyo. (Photo by Kosaku Mimura)

TOKYO -- SoftBank Group announced on July 26 that it had agreed to raise at least $108 billion for a new investment fund. Yet throughout his interview with Nikkei at SoftBank's Tokyo headquarters, Masayoshi Son, SoftBank's founder and CEO, rarely relaxed his serious expression. 

Keeping up with the disruptions that artificial intelligence brings will require real concentration, he explained. "AI is already past the stage of academic research and is at the stage of real-world adoption," he said. "It will be used extensively. If I were to name three areas that will be most drastically transformed by AI in 10 years, they are corporate business models, health care and transportation."

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