Updated
Updated · Bloomberg · Jul 8Pagliuca Backs AI, Pharma and Sports for 10-to-20-Year Growth
1 articles · Updated · Bloomberg · Jul 8Summary
- Stephen Pagliuca said at the Allen & Co. conference in Sun Valley that AI, pharmaceuticals and sports are his key long-term investment themes.
- AI is entering a 10-to-20-year growth phase, he said, as the technology moves from theoretical use toward physical deployment.
- Pagliuca pointed to space, defense and healthcare as sectors where that rollout is likely to drive investment over time.
Insights
Physical AI promises huge ROI, but what is the true cost for industries that fail to adapt quickly enough? With AI giants now entering the defense sector, what new ethical guardrails can prevent autonomous warfare? How can investors bridge the costly 'sim-to-real' gap as AI moves from simulation to physical machines?