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When it comes to the specter of AI\u2019s labor-displacing potential, Jensen Huang thinks that the American worker has nothing to fear. During a conversation Monday night with MSNBC\u2019s Becky Quick hosted by the Milken Institute \u2014 an economic policy think tank, the jovial Nvidia CEO said that AI was an industrial-scale generator of jobs, not the harbinger of mass unemployment that so-called \u201cAI doomers\u201d have often accused it of being.<\/p>\n
A number of different topics were broached during the talk, but a central theme that kept coming back was the ongoing economic anxiety surrounding the AI industry and whether it was something Americans should be legitimately worried about. At one point Quick noted: \u201cThis is happening so quickly. Is there a bigger dislocation than we\u2019ve seen in the past that leads to greater inequality? And what do we do about that?\u201d<\/p>\n
Throughout the night, Huang struck an optimistic note. \u201cAI creates jobs,\u201d Huang asserted during the discussion, adding that \u201cAI is [the] United States\u2019 best opportunity to re-industrialize\u201d itself. Huang noted that the AI industry is powered by a new breed of industrial factories\u2014the kinds producing the hardware that acts as critical infrastructure for the AI business. (Huang\u2019s company notably sells a lot of that hardware.) Those factories necessarily need workers, as does the rest of the blossoming AI industry.<\/p>\n
Just because a specific task is automated, that doesn\u2019t mean that a person\u2019s entire job is going to be replaced, Huang reasoned. People who believe this \u201cmisunderstand that the purpose of a job and the task of a job are related\u201d but not ultimately the same thing, he said. In other words, Huang\u2019s argument is that even when AI takes over a discrete task within a role, the broader function that employee serves in an organization is likely to remain.<\/p>\n
Relatedly, Huang was critical of people who allege AI will dominate humanity or that it will wipe out huge sectors of the economy. \u201cMy greatest concern is that we scare\u2026people\u2014all the people that we\u2019re telling these science fiction stories to, to the point where AI is so unpopular in the United States, or people are so afraid of it, that they don\u2019t actually engage it,\u201d he said. <\/p>\n
Ironically, much of the \u201cdoomer\u201d rhetoric has been generated by the AI industry itself, and critics maintain that such hyperbole has been used as a marketing gimmick designed to gin up buzz and excitement for products that aren\u2019t anywhere near the capabilities that such rhetoric suggests. <\/p>\n
It remains to be seen what kind of long-term impact AI will have on the overall economy. That said, reputable financial and academic organizations have suggested that as much as 15% percent of jobs in the U.S. will be eliminated over the next several years as a result of AI.<\/p>\n
Techcrunch event<\/p>\n
\n\t\t\t\t\t\t\t\t\tSan Francisco, CA<\/span>
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\n\t\t\t\t\t\t\t\t\t\t\t\t\tOctober 13-15, 2026<\/span>\n\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n