AI will make some jobs obsolete while creating new jobs, claims Nvidia CEO Huang

Jensen Huang, CEO of Nvidia, emphasized that AI could lead to job losses unless companies innovate. He highlighted that stagnant ideas could diminish productivity gains, emphasizing the necessity for continuous innovation.

Surveys reveal that about 41% of executives anticipate staff cuts by 2030 due to AI-driven automation. Huang acknowledged the potential for job displacement but remains hopeful about the creation of new roles through innovation.

With a market value of 4 trillion USD, Nvidia plays a crucial role in AI technology. Huang maintains that new technologies can foster a wave of innovative ideas, supporting productivity and job creation.

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