O’Leary’s AI Playbook: Why Small Biz AI & Data Centers Are The Next Big Bets for 25-Year-Olds
(SeaPRwire) –
By: Oliver Hawthorne
Kevin O’Leary, at 71, has a clear message for those just starting out in tech. If he were 25 today, he’d zero in on two specific areas within the booming AI landscape. First up: helping small businesses implement AI tools. There are 36 million U.S. businesses with fewer than 500 employees. These firms make up nearly half of the country’s GDP, yet they often lag in adopting new technologies like AI. O’Leary points out there’s a massive market of businesses wanting to use AI but lacking the know-how. That creates an opportunity for self-starters to step in and offer implementation services.
Then there’s data center development. O’Leary highlights that the demand for data centers in AI is insatiable. Right now, only about 5 gigawatts of data center capacity is under construction, but the need is far greater. Goldman Sachs Research predicts AI will skyrocket data center power demand by 165% by the end of the decade. Companies like Amazon, Microsoft, and Google are pouring billions into data centers. O’Leary himself has backed large-scale projects, including a $70 billion data center park in Alberta, Canada, and a $100 billion project in Utah. Both opportunities, while not the flashiest parts of AI, are crucial for building the foundation of the future AI economy. For young entrepreneurs, these areas could be pathways to significant wealth.
Author bio: Oliver Hawthorne, Principal Correspondent permanently stationed at an international technology review, with a focus on dissecting tech industry trends and commercial implications.