UBS(US:UBS) Ge Long Hui A P P·2025-11-28 02:05Core Insights - UBS Wealth Management's Chief Investment Officer for Greater China, Li Zhiying, draws parallels between the current AI investment landscape and the internet bubble of the 2000s, highlighting that many tech companies today have healthier balance sheets and are utilizing free cash flow for AI investments [1] - The current AI investments are expected to significantly enhance corporate profitability through cost savings, which alleviates concerns about an AI bubble [1] - Li Zhiying forecasts that AI capital expenditures will reach $4.7 trillion from 2026 to 2030, with approximately $2.4 trillion already committed [1] - By 2030, AI is projected to generate around $31 trillion in revenue, indicating a compound annual growth rate of 30% [1] - Historically, major technology upgrades have accounted for about 3% to 4% of global GDP, while current AI investments only represent 1% of GDP, suggesting substantial growth potential in AI infrastructure investments [1]