On January 21 (local time), Jensen Huang, the CEO of NVIDIA, announced at the World Economic Forum Annual Meeting held in Davos, Switzerland, that the development of AI will necessitate "the most substantial infrastructure investment in human history," with a projected influx of trillions of dollars in fresh investments. By 2025, global venture capital investment is anticipated to reach its zenith, with the bulk of the funds being channeled into AI-centric startups. Huang drew a parallel between AI and a "five-tiered cake," underscoring that AI applications constitute the pivotal tier and the main wellspring of economic gains. Furthermore, with the necessity to construct data centers for AI operation and training, wages for plumbers, electricians, and construction workers are predicted to soar to "six-figure" sums. AI technology is poised to set off a colossal wave of infrastructure investment, propelling vigorous growth in associated sectors and nearly doubling wage levels.
