Former Cisco CEO John Chambers predicts $10 trillion AI-driven companies
Business
John Chambers, former CEO of Cisco, thinks AI is about to shake things up in a big way. He predicts we'll soon see $10 trillion companies in the years ahead thanks to how fast AI is changing industries.
Following SpaceX's market debut, he told CNBC-TV18 that today's tech giants are growing even faster than the unicorn startups of the past.
Chambers says infrastructure and capital key
Chambers pointed out that building the right infrastructure and using capital wisely will be key for future growth.
He summed it up with, "What you did with the internet in five years, AI companies now do in one."
With public markets shifting and AI speeding up innovation cycles, he sees a new wave of corporate giants on the horizon, bigger than anything we've seen before.