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Satya Nadella on the economic growth from AI

Microsoft2:10

Transcription

You recently reported that your yearly revenue from AI is $13,000,000,000 But if you look at your year on year growth on that, in like four years, it'll be, you know, 10 x that. You'll have $130,000,000,000 in revenue from AI, if the trend continues. If it does, what do you anticipate we're doing with all that intelligence? Great question. Because at some level, if we're gonna have this sort of explosion, abundance, whatever commodity of intelligence available, you know, the first thing we have to observe is GDP growth.

Right? Yeah. Before I get to what Microsoft's sort of revenue will look like. I mean, there's only one governor in all of this. Right?

Which is this is where a little bit of we get ahead of ourselves with all this AGI hype, which is, hey. You know what? Let's first see if let's say develop I mean, like, remember, like, the developed world is what? 2% growth? And if you adjust for inflation, it's zero?

Yeah. That like, so in 2025, as we sit here, I'm I'm not an economist, at least I look at it and say, man, we have a real growth challenge. Yeah. So the first thing that we all have to do is let and and for when we say, oh, this is like the industrial revolution, blah blah blah. Oh, let's have that industrial revolution type of growth.

That means, to me, 10%, seven %, developed world inflation adjusted growing at 5%. That's the real marker. Right? So we it's not just it can't just be supply side. Right?

It has to be in fact, that's the thing. Right? I think there's a a lot of people are writing about it. I'm glad they are, which is the big winners here are not gonna be tech companies. The winners are going to be the broader industry that uses this commodity that, by the way, is abundant.

Commodity that, by the way, is abundant. Right. And suddenly, productivity goes up, and the economies is going, you know, growing at a faster rate. When that happens, we'll be fine as an industry. But that's, to me, the moment.

Right? So it us self claiming some AGI milestone, that's just nonsensical benchmark hacking to me. The real benchmark is is the world growing Right. At 10%.