Part 10/11:
Looking Ahead: Early Days and Long-Term Potential
Despite rapid advancements, the AI market remains in its early stages. Rasgon believes the demand for AI compute infrastructure is real and substantial, and the current investments will bear fruit over the next several years. The key indicators—such as the deployment pipelines, company investments, and strategic alliances—point to a sustained growth trajectory rather than a bubble ready to burst.
He emphasizes that companies involved are financially capable and strategically aligned, making this cycle different from past speculative bubbles. The ongoing projects, with shipment of hardware delayed until next year or later, suggest a prolonged period of growth rather than an imminent collapse.