Last week, I wrote that NVIDIA could surpass Apple in five years as the artificial intelligence economy will be nearly four times larger than the mobile economy that drove Apple. To get an understanding of how big the AI economy will be, we pointed towards estimates of AI adding $15 trillion in GDP once it reaches maturation in 2030 compared to mobile adding $4.4 trillion to GDP in the current year.
The analysis discussed some of the underlying product strengths NVIDIA has with its GPUs and its new software suite that allows accelerated AI computing on virtual machines rather than bare metal servers. We also revisited my original thesis around the GPU-powered cloud and developer adoption of CUDA, both of which are still intact three years later.
There are numerous forward-looking catalysts for NVIDIA as enterprises will seek to lower costs and increase production with AI. In fact, while I wrote the AI economy would be four times larger, Jensen Huang predicts that “Omniverse or the Metaverse is going to be a new economy this is larger than our current economy.”
