Nvidia CEO AI expertise is necessary to keep up

Jensen Huang, the CEO of Nvidia Corporation, which is the world’s leading maker of artificial intelligence (AI) chips, strongly believes that having expertise in AI is essential. During his commencement speech on Saturday, he stated that individuals and companies without AI knowledge risk being left behind. Huang said, “Agile companies will take advantage of AI and boost their position. Companies less so will perish. While some worry that AI may take their jobs, someone who is an expert with AI will.”

In addition, Huang added that those who fear that AI might take their jobs are wrong. It will be those with AI expertise who will take their jobs. Moreover, the AI industry will transform every single job, open up new opportunities for those with experience, and create many vacancies. Therefore, it is crucial to familiarize oneself with the technology before it’s too late.

Huang further stated, “In 40 years, we created the PC, Internet, mobile, cloud, and now the AI era. What will you create? Whatever it is, run after it like we did. Run, don’t walk. Either you are running for food, or you are running from becoming food.”

Nvidia is currently a top company known for designing and manufacturing graphics processing units (GPUs), innovating the semiconductor, establishing the Omniverse, and manufacturing countless computer software and hardware. Last week, Nvidia reached a new high, with its shares jumping 26% following a robust earnings outlook and increased production scale due to enormous demand. Due to such explosive growth and a market cap of over $950 billion, Nvidia is expected to be the next trillion-dollar company, along with Apple, Microsoft, Alphabet, and Amazon.

Will AI Steal Jobs?

Experts have been warning that AI might have a drastic impact on millions of jobs, especially those in industries that can be easily automated. These industries include transportation, manufacturing, and financial services, as well as healthcare where AI can assist with diagnosing and treating patients, and journalism where AI can generate news articles and summaries. According to a report published by banking giant Goldman Sachs Group Inc in March, AI could replace the equivalent of 300 million full-time jobs. However, AI technology can automate many processes, but it does not mean that one should be afraid of losing their job. Instead, it is a motivation to learn more about it and invest in learning how to work alongside technology. With this knowledge, any employee will be a more valuable asset.