Nvidia CEO Jensen Huang predicts: AI will create more millionaires in five years
CEO
Jensen Huang
recently called AI the 'great technology equaliser of all time'. Speaking at an All-In podcast hosted by American venture capitalist Chamath Palihapitiya, Huang explained that in the era of AI, 'everybody is a programmer'. He further stated that the traditional gatekeeping of coding languages like C++, Python has faded, adding people now just need to talk to AI. 'Everybody is an artist now; everybody is an author now,' Jensen Huang said.
Jensen Huang: 'AI will create more millionaires in 5 years'
During the podcast, Jensen Huang also talked about the impact of AI on 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,' the Nvidia CEO said.
He forecasted that 'AI will create more millionaires in five years than the internet did in 20,' adding that he is worried that we are not moving fast enough to create jobs. Jensen Huang further warned that those who are not using AI will lose their job to someone with the knowledge of AI.
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Huang further predicted that in the future, every country will operate two factories – one physical and other digital. He gave an example of
Elon Musk
's EV company Tesla, saying 'Tesla builds cars in one factory, and in another, it builds the AI that powers them'.
In a related news, Huang discussed the scale of impact that small, focused teams of AI researchers can have and how Nvidia's success has translated into significant financial rewards for those in leadership. 'I've created more billionaires on my management team than any CEO in the world. They're doing just fine. Don't feel sad for anybody at my layer.' Jensen Huang said. He was responding to a question on the effectiveness and value of smaller AI teams.
'But the important big idea is that the impact of 150 or so AI researchers, with funding behind them, can probably create,' he noted. Jensen Huang gave examples of
OpenAI
which originally started with around 150 employees and China's DeepSeek which also has a similar workforce.
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