Pagliuca Sees AI Entering 10-20-Year Growth Phase as Sports Franchise Valuations Rise
Updated
Updated · Bloomberg · Jul 8
Pagliuca Sees AI Entering 10-20-Year Growth Phase as Sports Franchise Valuations Rise
2 articles · Updated · Bloomberg · Jul 8
Summary
Steve Pagliuca said AI is moving from theoretical use to physical deployment, putting the technology into a 10-to-20-year growth phase.
At Allen & Co.'s Sun Valley conference, the Bain Capital senior adviser said that shift is driving investment focus toward expanding industries including AI and quantum computing.
Pagliuca, also a Boston Celtics co-owner, said professional sports franchise valuations continue to climb, underscoring sports as another long-term investment theme.
His remarks extend earlier comments that AI's next phase could reshape sectors such as defense, space and healthcare.