[유효상 칼럼] 왜 뉴욕증시에 배트맨이 나타났을까

ȿ ܰ濵 /=ȿ

1939 ȭ , ijͷ ڸű 'Ʈ(Batman)' ÿ Ÿ. ׷ ̹ 'Ʈ(BATMMAAN)' ȭ ΰ ƴ϶, 2025 ֽĽ 8 ũ̴. ̵ ֱ 2 ֽĽ ȣ ű״ǼƮ 7(Magnificent 7, M7) ֱ 2 Ʒ Ҹ ޺λ ε ߰ ̴. ᱹ ⿡ M7 ̸, ε 縦 ָ϶ ǹ̷ . M8 ǥϱ⵵ Ѵ.

ݳ ʺ 12 30ϱ, Ʈ 74% ְ · ߴ. ȸ纰δ ε(B) 146%, (A) 29%, ׽(T) 75%, ũμƮ(M) 15%, Ÿ(M) 66%, Ƹ(A) 50%, ĺ(A) 35%, (N) 174% ö. Ⱓ 31%, ٿ 14% ߴ. ڽǴ -9.3%, ڽ -23% , Ｚڴ 40% .

常ŭ  ϴ ̴. ַ ô Ȳ̳ ֵָ ǥѴ. ǥ 2001 常轺 , þ, ε, ߱ ϴ Īϱ BRICs Ѷ ä ô޸ ź ⿡ ȴ , Ż, ׸, Ī PIGs ִ. ڽɸ ǥϱ FOMO(ҿܵǴ Ϳ η) YOLO( λ) ٸ о߿  ⵵ Ѵ. 1960 Ĺݺ 1970 IBM, P&G, īݶ, Ƶ, Ͻ 50 ָ θ Ƽ Ƽ(Nifty Fifty) , 2000 ʹݿ ޼ϴ ű ´ FANG (Facebook, Amazon, Netflix Google) , ۳⿡ ֵϴ ũ 7 Īϴ M7 źߴ. ׷ ݳ ε ޺λϸ鼭 M7 ε Ե Ʈ ̴.

Ʈ ڸ ε ֱ 51% ְ · ̸, AI ݵü ο ڷ λߴ. ݸ ƴ 1.3% ¿ ƴ. ƮƮ ε ' 纹', Ƹ '⼺' Ѵ. ƴ (Ϲ) ׷óġ(GPU) '' ̸ ȾҴٸ, ũ 'ū ' εĿ ڽ ü ´ 纹 ޶ ϱ ̴.

ݱ AI ٽ ݽü ͼ͸ Ϸ GPU ó , ֱٿ Ư ۾ ȭ ݵü(ASIC) ִ ε XPU(eXtreme Processing Unit) 忡 鼭 Ȳ ޶. AI ׿ ȭ XPU GPUʹ ٸ , Ҹ ȿ ٴ ø ִ ̴. ֿ ̴ , Ÿ, Ʈ ũ εİ Ұ, ؼ εİ ؼ ڽŸ Ĩ ߿ ִ. AI ݵü 忡 ħ ϴ GPU տ ̴.

׷ ұϰ ڵ Ʈ 8 ȸ , Ƹ ݳ⿡ ̾ ⿡ ƮƮ ް ȸ žҴ. ȭDZ AI ݵü 90% ϴ , 2025 ⵵ 2000 ޷ Ǹ, ̴ ݳ 50% Ѵ ̴. 40% Ѵ ȸ Ʈ 8 ư ϴ. ٸ ͷ ο εİ ġ ϰ ִ. AI ݵü GPU 'Ű'ó ̰ , ʹ ΰ ǸѴٴ ǿ ִ. ׿ 1 2024 ȸ迬 ͷ 56.6% Ѵ. GPU ũ ͷ 20~30% ε, ûü() ϴ ӵǰ ִ ̴.

̷ Ȳ GPU ߴ ؿ ũ ε Ĩ ο ı ã ִ. εĿ ǷϿ ƿ ü Ĩ ټμ(TPU) . ̾ 'ƽ' ϴ 'Ʈ' ε ƴ. Ĩ Ŀ鼭 о α ε ö󰡰 ִ. ̿ ֳθƮ ġ ϸ ֱٿ ְ ޵ ̴. 10 2024 ε ͷ 24.3%. ׷ ASIC ޼ 2025 ͷ 50.1% ϸ鼭 ƿ ǰ ִ.

ε ڵ ޴ Ҿ ̴. 2020 2024 ֱ 5 ε 14% Ѵ´. ̴ 11.8%, MS 10.2% ġ̸, ׽ Ƹ ʴ ̴. ̷ ⿡ Ÿ Ҿ̳ ֱ ߴ. ڻ Ÿ ͷ ȸ Ŷ ε ż õ߰, ǽĸ ũƸ޸ī ε 2025 ְ ݵü ֽ ߴ.

Ʈ ׽ Ʈ ְ , 밨 Ŀ ִ. ׷ ְ ̴. ð ũμƮ ټ ȭ ǰ ִ. Ÿ AI ô뿡 ø, ͷ . ǻ ǥϸ ɼ ϰ ִ. ó 'Ʈ' ٸ ŷ ߰ , ׵ ݰ ̷ ɼ ڵ ̸ ߽Ű ִ. ֽĽ ׸ ΰɰ ִ. ߿ Ʈ ü ʴ´ٴ ̴. ׷ ڵ ź ø ó Ʈ ֽĽ Ƹϰ ѳ ϰ ִ ̴.

̷ ϴ ̱ ޸ 츮 ֽĽ ׾߸ ʰ ִ. ġ Ҿϰ, 0% , ܱ ε鵵 ִ. Ʈ ãư ̴. 츮 ΰ .

ؿ ⿡ ø K-Ʈ ź Ѵ.