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Foxconn chairman says AI boom still has time to go as LLMs evolve [Video]

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Chairman of Foxconn Young Liu delivers a speech during the Hon Hai Tech Day in Taipei on Oct. 18, 2023.

I-hwa Cheng | AFP | Getty Images

The boom in corporate investment into artificial intelligence infrastructure still has some way to go as large language models are continuing to evolve, according to the CEO of Foxconn, a key supplier to Apple.

Speaking with CNBC’s Emily Tan, Chief Executive and Chairman of Foxconn Young Liu, said that the AI boom “still has some time to go” as advanced language models from the likes of OpenAI are becoming increasingly intelligent with each new iteration that comes out.

He said that the general movement in the tech industry today is trending toward a form of AI that is as intelligent — if not more intelligent — than humans. This type of AI is referred to in the industry as “AGI,” or Artificial General Intelligence.

“We … heard about AGI, and we’ll talk about different …

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