According to CoinWorld news, on August 29, Sequoia Capital defined the current wave of artificial intelligence as a profound 'cognitive revolution', believing that its transformative power will rival or even surpass that of the Industrial Revolution, and harbors a vast business opportunity worth $10 trillion. Recently, Sequoia Capital partner Konstantine Buhler delivered a speech titled 'AI Revolution: A $10 Trillion Wave, Greater than the Industrial Revolution'. In the speech, he pointed out that the next battlefield for AI is the huge service industry market. Similar to how SaaS software not only encroaches on traditional software shares but also greatly expands the overall market boundaries, AI will also undergo disruptive reshaping and expansion in the service industry. Likewise, AI will disruptively reshape and expand traditional service industries like law, accounting, and healthcare, which have long been dominated by large partnership firms, giving rise to new publicly listed companies driven by AI, and even changing the S&P 500 index list we know today. At the dawn of the 'cognitive revolution', Sequoia Capital is actively seeking and investing in startups that can 'specialize' general AI technology. These companies are akin to Rockefeller and Carnegie of the past, tasked with the mission of building future market leaders, refining general AI models into 'cognitive assembly lines' that address specific industry pain points. In the next 12-18 months, Sequoia will focus on five investment themes: persistent memory; seamless communication protocols between AIs; AI voice; end-to-end AI security; open-source AI.

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