Source: Fortune.com
Summary
Kevin O’Leary, chairman of O’Leary Ventures and Shark Tank star, shared his advice for 25-year-olds looking to make it big in the tech industry. He suggested focusing on two key areas: helping small businesses implement AI tools and developing data centers. O’Leary believes that AI growth will be exponential and that there is a massive opportunity for entrepreneurs to help small businesses with fewer than 500 employees implement AI. He also highlighted the need for data centers, citing a mismatch between supply and demand. O’Leary has already invested in data center development ventures, including a $70 billion project in Alberta, Canada, and a $100 billion project in Utah.
Our Reading
The numbers tell one story. Kevin O’Leary’s advice for 25-year-olds is to focus on the unglamorous side of AI: implementation and execution. He’s betting on the pain points of small businesses and data centers. O’Leary’s own investments in data center development ventures have faced scrutiny, but he remains optimistic about the potential for growth. Goldman Sachs Research estimates that data center power demand will increase by 165% by 2030. O’Leary’s message is clear: the future of AI is not just about flashy tech, but about building the foundation for the industry to function.
Author: Evan Null
