Shark Tank investor Kevin O'Leary harbors ambitious aspirations concerning the future of Artificial Intelligence and its transformative potential within various industries. He has consistently expressed his enthusiasm for this groundbreaking technology, highlighting the significant impact it could have on both the economy and society at large.
With the anticipated new Trump administration, O'Leary sees a unique opportunity to harness AI to its fullest capabilities, potentially setting the stage for innovative advancements and greater efficiency across multiple sectors.
However, he also admits that to generate the full potential of Artificial Intelligence, they need an immense amount of power. He posted a clip on Instagram recently from an interview with Fox Business, where he panned out his investment plans on AI. He mentioned to the interviewee that Artificial intelligence is the hot sector right now as far as the economic and political landscape of 2025 is concerned.
He further added:
"All the derivatives around there, and the number one derivative is power. And so as an investor, what I'm focusing on is figuring out power. Our grid you know, we talk about the demand for electricity, not just for AI. But to understand something about AI, it takes 100 times the power required by the old generation of computers."
Shark Tank investor Kevin O'Leary believes that Daniel Smith, the Alberta Premier can help the US to generate cheap power
Shark Tank investor Kevin O'Leary is setting his sights on making investments in the power sector, which he believes is poised to be greatly impacted by the rapid advancements in Artificial Intelligence (AI). O'Leary considers the power sector to be the most significant derivative of AI, highlighting the integral relationship between energy production and the capabilities of AI technology.
However, he has expressed concerns regarding the current infrastructure in the United States, suggesting that it may not be sufficient to generate the substantial amount of energy required to fully leverage the potential of AI. He emphasizes the need for enhanced capacity and innovation within the power industry to ensure that the U.S. can meet future demands and harness the transformative power of AI effectively.
Shark Tank investor suggested, during the interview with Fox Business that a deal with Daniel Smith, the Premier of Alberta could help the US to achieve the power goal. He said during the interview:
" She's the reason she's talking it up is she's got all the power in North America right up there. We're gonna have to work out a deal with her. She's got the lowest cost of energy anywhere in the world right now."
Shark Tank Season 16 airs on ABC.