Brice Prunas, Artificial Intelligence thematic manager, ODDO BHF Asset Management.
“It’s now a race — not just between tech giants but also between nations. In my view, this race won’t slow down. It’s a kind of “prisoner’s dilemma”: no one trusts the other side to stop, so both accelerate.”
THE RACE CONTINUES!
The past few years have been nothing short of extraordinary for artificial intelligence. Since ChatGPT’s debut in late 2022, the pace of advancement has been relentless. Today, models like Grok 3, GPT-4o, and DeepSeek R1 are vastly more powerful than their predecessors, evolving at an exponential rate. The cost of computing power keeps dropping, and as a result, intelligence is effectively doubling every six months.
This is no longer just about technological progress—it’s a full-scale competition. Nations and corporations are locked in a race to dominate AI, each pushing the limits further. The U.S. *Stargate* initiative and China’s Start-up DeepSeek show that no one is willing to slow down. This race has become a strategic imperative, and in my view, there’s no turning back.
AI REASONING: A GAME CHANGER
Despite these breakthroughs, I believe we are only scratching the surface when it comes to AI’s true potential. The biggest leap forward isn’t just about making AI faster—it’s about making it think.
Earlier models generated instant responses, but the new generation is different. These AI systems now take time to analyze, break down problems, and structure their reasoning step by step. This brings us into a new era—one where AI isn’t just a tool, but an intelligent system capable of deep
understanding.
This shift has massive implications for the economy. We are witnessing the replacement of labor with capital, where AI-driven productivity is set to transform industries at an unprecedented scale.
But this also means that computing power demands are skyrocketing. The AI of 2023 was just the beginning—what’s coming next will require even greater infrastructure and investment.
