Jensen Huang, CEO of Nvidia, says artificial intelligence will affect all jobs, but the real impact depends on how fast industries keep coming up with new ideas.
Jensen Huang, the boss of Nvidia, the world’s top AI chipmaker, has warned that artificial intelligence will soon touch every job. Speaking in a recent interview, he explained that while AI can make work faster and more efficient, whether it leads to job losses or more opportunities depends on how much innovation continues in the economy.
“If the world runs out of ideas, then productivity gains translate to job loss,” Huang said, responding to concerns that AI could wipe out millions of jobs if industries stop innovating.
Huang’s comments come after Dario Amodei, CEO of Anthropic, predicted that AI could eliminate up to half of entry-level, white-collar jobs and push unemployment as high as 20% in the next five years. Surveys by Adecco Group and the World Economic Forum back up these concerns, with about 41% of CEOs and employers expecting to cut jobs due to AI by 2030.
But Huang is more optimistic. He believes that as long as people keep coming up with new ideas, both jobs and productivity can grow together. “Everybody’s jobs will be affected. Some jobs will be lost. Many jobs will be created, and what I hope is that the productivity gains that we see in all the industries will lift society,” he said.
Nvidia, which recently hit a $4 trillion market value, supplies the chips that power AI systems for tech giants like Microsoft, Amazon, and Google. Huang pointed out that every big shift in technology has created new jobs, even as it changed or replaced old ones.
He also stressed that AI is an “equaliser” because it makes technology easier for everyone to use, not just experts. “It lifts people who don’t understand technology,” he said.
Huang even admitted that AI has changed his own job, but he’s still working. He encouraged workers to learn how to use AI tools, saying, “You are not going to lose your job to AI, but you are going to lose your job to somebody who uses AI”.
AI is already changing how companies work, with many businesses using it to automate tasks like paying suppliers and managing invoices. More changes are coming, and Huang’s advice of keep learning, keep innovating, and use AI as a tool to stay ahead is clear.
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