You should be curious why Nadella is looking for the world to grow at that rate. That’s because he wants Microsoft to grow into $500B/year in revenue by 2030, and it will be challenging without that economic growth to grow into that target. You can grow into a TAM, try to grow or broaden the TAM, or some combination of both. Without AI, it is unlikely the growth target can be met.

https://www.cnbc.com/2023/06/26/microsoft-ceo-nadella-said-r...