The billionaire and the entrepreneur of Mark Cuban technology believes that artificial intelligence has the potential to create the first trillionaire in the world-and it is perhaps not a corporate mastodon that reaches it, but “just a guy in a basement”.
Speaking on a recent episode of the High Performance Podcast, the 66 -year -old investor said that the AI revolution was still at his first stage, comparing his current adoption curve at the start of the personal computer and the eras of the smartphone.
“It’s just the very beginning, right? You know, we are still in pre-season,” said Cuban.
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But the potential is different from everything the world has seen, he argued. “Not only will I think it will create a trillionaire, but it could be just a guy in the basement. That’s like that.”
IA’s economic trajectory
Cuban prediction comes in the middle of the explosive growth in the artificial intelligence sector. According to PWC estimates, AI could contribute up to $ 15.7 billions of dollars to the world economy by 2030, making it one of the most transformative technologies of the 21st century. The consulting company provides that 6.6 billions of dollars will come from increased productivity, while 9.1 billions of dollars will result from effects on consumption on the higher demand for personalized and improved AI products.
Meanwhile, the Statita market study company provides that the AI industry – covering software, hardware and services – will reach a market size of more than $ 1 Billion by 2031, compared to around 241 billion dollars in 2023. This growth is motivated by the adoption of health, finances, transport, media, manufacturing and business services.
Cuban believes that anyone can exploit AI to build a universally necessary solution – as the role that smartphones are now playing – could overcome the wave towards unprecedented personal wealth.
Someone who can find a way that makes AI as essential “will earn a lot of money,” added Cuban.
Cuban stressed that people tend to resist new technologies in its early days, a model seen with PCs, smartphones and now AI.
“Most people condemn things when they happen for the first time,” he said. “But then when you see people using it and achieving the value, that’s where people come.”
The veteran investor said he was already using an AI largely in his business and his personal life. For work, he turns to AI for tasks such as software development and video text generation. At home, he used Chatppt to help follow his medication and exercise habits.
“I am not here to tell you that it will replace everyone’s work-it will not be the case,” he said, but the technology is incredible, that you are innovative or that you just feel bored.
A new type of billionaire – or a trillionaire
The Cuban trillionaire forecasts underline how large the challenges of AI are. The richest individual in the world, Elon Musk, is currently a net value of around 360 billion dollars, according to the billionaire Bloomberg index. At its peak in December 2024, Musk’s net value reached $ 439 billion, supported by a Tesla shares rally. However, even this historic silhouette is far from the bar of $ 1 Billion.
The rupture of this threshold would probably require a mixture of perfect timing, massive market range and disruptive innovation – which Cuban says that AI makes it possible even one person with the right idea and access to the right tools.
For those who think that the era of the construction of garages and basements is completed, the Cuban message is that with AI, this could start again – on a scale of billions of dollars.
