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$1 Trillion Question: Will Nvidia Dominate The Coming Ubiquitous AI Era?

Feb 21, 2024 - forbes.com
George Gilder, a prolific writer and investment advisor, predicts that the current era of AI, characterized by big data centers and billion-parameter models, will soon give way to a more decentralized, ubiquitous, and transformative AI. He believes that AI will be distributed through the internet of things, with every smartphone and smart device becoming a node in this network. This view is supported by Jon Medved, CEO of OurCrowd, who suggests that new accelerators, like low power chips, will be needed for this decentralized world.

One of the key players in this shift is Hailo, an Israeli startup that has developed an AI processor that enables smart devices to perform complex deep learning tasks with minimal power consumption, size, and cost. Hailo's processor can be integrated into a variety of smart machines and devices, including autonomous vehicles, smartphones, drones, and wearables. The company's CEO, Orr Danon, believes that their technology will allow applications to move from the cloud to the edge, where data is produced and consumed. He also suggests that Hailo's approach is a more cost-effective and power-efficient alternative to the high-performance direction taken by companies like Nvidia.

Key takeaways:

  • George Gilder predicts that AI will move from large data centers to being distributed through the internet of things, becoming decentralized, ubiquitous, and transformative.
  • Hailo, an Israeli startup, has developed an AI processor that enables smart devices to perform deep learning tasks with minimal power consumption, size, and cost.
  • The global market for semiconductors is projected to reach $1 trillion by 2030, largely due to the rapid adoption of AI by businesses worldwide.
  • Despite Nvidia's current dominance in the high-end AI chips market, Gilder believes that companies like Hailo will take over in the future.
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