Part 9/10:
He projects that although infrastructure investment dominates now, application development will eventually drive even greater revenue. But this phase of the super cycle is still in its early stages. The market is expected to remain volatile and possibly frothy, with some areas experiencing longer wait times for return on investment.
In summary, Gersonner sees tremendous long-term opportunities in AI, grounded in decades of technological progress and strategic investments. Yet, he emphasizes the importance of managing risks—geopolitical, technological, and competitive—and remaining vigilant about supply chain limitations and the potential for capital destruction.