Nvidia CEO Jensen Huang says AI will create more millionaires in 5 years than the Internet did in 20
Huang is steering a trillion-dollar company that is backing the AI revolution. Owing to his company's involvement with AI, the CEO is seemingly aware of the roadmaps followed by major AI companies. In essence, Huang is privy to what Mark Zuckerberg, Elon Musk, or Sam Altman is building much before any of it is public. Insider intelligence is Huang's major source of influence.
In the same talk, Huang also shared his unique perspective on AI and job displacements. The CEO seems unperturbed by claims of AI taking over jobs; however, he is worried that we are not moving fast enough to create jobs.
'AI in my case is creating jobs; it causes people to create things that other people would like to buy. It drives more growth, more jobs, and all that goes together. AI is the greatest technology equaliser of all time,' said Huang.
When asked why he thinks AI is a 'great equaliser,' Huang said that everybody is now a programmer. According to him, programmers are required to know languages like C++, Python, etc., but now they just need to talk to AI. Huang believes that the barrier between ideas and execution has collapsed. He feels that every creative is becoming technical and every technical is becoming more creative.
'Everybody is an artist now; everybody is an author now.' He said that one thing is certain: anybody who is not using AI is going to lose their jobs to someone with knowledge of AI.
Further into the conversation, Huang predicted that going forward, every company will have two factories—one for their actual product, another for the AI that powers it. He cited the example of Tesla, which has separate setups for building cars and building AI that powers them. Huang said that this will not be limited to tech companies, but every industrial company will become an AI company.
When it comes to infrastructure, the CEO said that in Arizona and Texas, his company will produce about half a trillion dollars worth of AI supercomputers in the next four years. And this infrastructure will drive a few trillion in AI industry value.
The CEO revealed that 150 AI researchers at DeepSeek or OpenAI can create value worth about $20 to $30 billion. According to Huang, that is about $200 million per person in value creation. The CEO, while lauding small teams with massive impact, said that no industry in history has ever had this kind of leverage.
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