24th Aug 2023
AI boom in 2000s, 2010s, 2020s
There is many AIs in 2000s, 2010s, 2020s
That is derived from chip intensity, database cost reduction, hyper scaling data center
Innovation definition in this article
What people intend to say by innovation is the paradime syft in system that lead to more earnings than biggest existing players.
Traditional innovator Bank, Oil, Automobile
Who defeat traditioinal player in terms of net income Apple, Microsoft, Alphabet
Next player Meta Tencent Alibaba Tesla Bytedance Baidu
not yet defeat traditional players but in near future
What US have and China do not have yet
Innovation in the meaning in this article, beat traditional innovation entity in terms of net income or operating cash flow
Modern society is drived by super company. Which is independent enough to earn profit as much as nation
The power balance between US, China will change if the China biggest company beat net income of US biggest company.
Government, B to B is transformed by B to C innovation
All of the innovative player changes how people reach what they want even they do not now what it is
The prediction in 2032
by statistic and fundamental elements, I predict this is the top 10 earnings ranking in 2032
earnings is more predictable than revenue because cash efficiency will not change drastically after 10 billion USD
|Company||Country||2023 Earnings||2033 Earnings||Annual Growth rate|
|Construction Bank of China||7|
|Agricaltural Bank of China||9|
|Bank of China||10|
Why this prediction is important? because Top 10 company will generate applox 20% of world net income, and in terms of market will decide over 50% of world market direction.
How we see these company in the same framework?
people are trying to say with the words AI and innovation is when the paradigms and methods for reaching what they want change drastically.
If you try to talk about oil, automobiles, maps, and Tiktok in the same scheme, it seems that physical minerals, programming codes, and databases define the framework and way of communication for connecting Demand and Supply in a shorter time than before.