AI expansion is inevitable, Visser says, with Nvidia growth supported by demand and technology

AI’s long-term expansion depends on technological innovation and growing demand more than the fate of individual executives. Nvidia’s established market position and existing business momentum could support earnings growth for years.

In a November 14 interview with Anthony Pompliano, Jordy Visser, a VisserLabs author and macro investor, described AI as “inevitable.” He argued that short-term market disruption would do little to alter its longer-term adoption.

Visser pointed to the role of exponential technological innovation in driving markets and the global economy. In his assessment, that innovation mattered more over the long run than fluctuations tied to interest rates, quantitative easing or developments in Europe. He expects AI to play a similar role.

For Nvidia, Visser highlighted strong positions across several parts of its business and substantial demand. He expects the growth already under way to lift earnings over the next few years. Execution remains a consideration: he expressed hope that people with a thorough understanding of the company could carry the business forward, while saying it would take a couple of years to assess management’s performance.

Visser also expects open-source AI and frontier models to develop alongside each other, with both contributing to corporate revenue. He sees Anthropic and OpenAI dominating much of the frontier-model business while open-source alternatives continue to have a role.