Jensen Huang says AI creates jobs as workers fear automation will trigger mass unemployment

As workers worry about AI, Nvidia's Jensen Huang says AI is 'creating an enormous number of jobs' | TechCrunch

When it comes to the specter of AI's labor-displacing potential, Jensen Huang thinks that the American worker has nothing to fear. During a conversation Monday night with MSNBC's Becky Quick hosted by the Milken Institute -- 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 "AI doomers" have often accused it of being. 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: "This is happening so quickly. Is there a bigger dislocation than we've seen in the past that leads to greater inequality? And what do we do about that?" Throughout the night, Huang struck an optimistic note. "AI creates jobs," Huang asserted during the discussion, adding that "AI is [the] United States' best opportunity to re-industrialize" itself. Huang noted that the AI industry is powered by a new breed of industrial factories -- the kinds producing the hardware that acts as critical infrastructure for the AI business. (Huang's company notably sells a lot of that hardware.) Those factories necessarily need workers, as does the rest of the blossoming AI industry. Just because a specific task is automated, that doesn't mean that a person's entire job is going to be replaced, Huang reasoned. People who believe this "misunderstand that the purpose of a job and the task of a job are related" but not ultimately the same thing, he said. In other words, Huang's 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. Relatedly, Huang was critical of people who allege AI will dominate humanity or that it will wipe out huge sectors of the economy. "My greatest concern is that we scare...people -- all the people that we're 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't actually engage it," he said. Ironically, much of the "doomer" 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't anywhere near the capabilities that such rhetoric suggests. It remains to be seen what kind of long-term impact 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.

'AI creates jobs': Nvidia CEO Jensen Huang once again says workers have nothing to fear

* Nvidia CEO Jensen Huang predicts AI will generate more jobs than it ends * AI is [the] United States' best opportunity to re-industrialize, Huang says * Huang also says "AI doomers" "misunderstand" the technology Nvidia CEO Jensen Huang has again laid his belief that utilizing AI at work will make us all more productive, and efficient. Speaking with MSNBC's Becky Quick at a Milken Institute event, Huang promoted the idea AI would create large numbers of jobs, instead of leading to a widespread extinction of roles. "AI creates jobs," Huang said, "AI is [the] United States' best opportunity to re-industrialize" itself. Are "doomers" misunderstanding AI? Asked about the role AI will play in the next industrial age, Huang looked to assuage fears over the technology taking entire roles, focusing instead on the part it would play in automating routine or boring tasks - freeing up the human workers for more engaging areas. Huang said that people who believe an entire role will be replace simply due to a single part being automated, "misunderstand that the purpose of a job and the task of a job are related" - and are not always the be all and end all. At a wider scale, the CEO was also critical of those pushing narratives of Terminator-esque AIs ruling the planet, or killing off parts of the economy. "My greatest concern is that we scare...people," he said, "all the people that we're 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't actually engage it." The theme was one Huang has been pushing for some time, perhaps unsurprisingly given the prime position Nvidia is taking in AI rollouts worldwide. Asked at the company's Nvidia GTC 2026 event in March 2026 about how it is using AI in day-to-day work, Huang said Asked about how his company is using AI in day-to-day work, Huang noted, "Nvidia is moving faster than ever, but that's because we use more and more AI and so work gets done faster, all of the projects are moving faster." "I feel like I'm getting busier and busier to be honest...my experience with Nvidia today is that it's making me busier than it was six months ago - and the reason for that is because results work is coming back to you much faster, work is coming back to you much faster, and the number of projects are growing much faster" "AI is going to get tasks done super fast...my sense is that AI is going to cause us to be able to do things so fast we're going to end up doing more." Follow TechRadar on Google News and add us as a preferred source to get our expert news, reviews, and opinion in your feeds. Make sure to click the Follow button!

Nvidia CEO Says AI Job Automation Doesn't Equal Job Losses | PYMNTS.com

"AI creates jobs," Jensen Huang argued in an interview with CNBC's Becky Quick Monday (May 4) evening. In comments from the event at the Milken Institute that were reported by TechCrunch, the CEO added that AI is the U.S.'s "best opportunity to re-industrialize" itself. Huang contended that the automation of one specific task doesn't mean a worker's job will go away. People who think this "misunderstand that the purpose of a job and the task of a job are related" but not the same thing, he said. According to the report, Huang was critical of people who claim AI will dominate humanity or erase huge sectors of the economy. "My greatest concern is that we scare ... people -- all the people that we're 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't actually engage it," he said. The TechCrunch report notes that most of what Huang called "doomer" rhetoric about AI has come from the AI industry, leading critics to suggest that these claims are nothing more than a marketing tactic to create buzz around products that aren't as powerful as such statements would indicate. Huang's comments come amid a string of recent AI-related job losses, with several companies -- most recently CoinBase -- citing the tech when announcing layoffs. But as PYMNTS has written, while job cuts tied to AI invariably bring about fears of a larger employment crisis, current labor research suggests a much more complicated situation. For example, the World Economic Forum has argued that while automation and AI will eliminate the need for certain tasks, they will also pave the way for new categories of work, particularly in data, AI oversight, cybersecurity and human-centric services. The report stressed that this will lead to a time of transition but not a permanent contraction. Many workers' skills are expected to evolve over the next five years, which will require retraining and adaptation. "The pressure is real, but it is directional," PYMNTS added. "Roles centered on routine information processing are most exposed. Roles combining domain expertise, judgment and technological fluency are expanding."

Fear Not, AI Isn't an Existential Threat to Humankind: Jensen Huang Weighs In

The man helming the world's most valued company Nvidia and considered to a major figure in the AI ecosystem calls the bluffs around AI and says people must not believe all they hear Jensen Huang, the CEO of chipmaker Nvidia and considered by many as one of the architects of the ongoing AI revolution, believes that the spectre of job-displacements is overstated as the way this new tech is developing, it could soon prove to be an industry-scale job creator. Huang told MSNBC's Becky Quick in a chat show earlier this week at the Milken Institute (a policy think tank) that far from being a harbinger of mass unemployment that the doomsday predictions have indicated, there is every possibility that AI would actually create massive jobs across segments that one hasn't even begun to comprehend. "AI creates jobs. It is the United States' best opportunity to re-industrialise itself," he said while also noting that the AI ecosystem has powered up a new breed of factories - the kinds that produce hardware that forms critical infrastructure. These factories need workers, as does the rest of the blossoming AI business. In spite of dwelling on multiple topics, Huang somehow kept harking back to the theme of growing economic anxiety around the AI industry and questions of whether people should be genuinely concerned over its impact. "This is happening so quickly. Is there a bigger dislocation than we've seen in the past that leads to greater inequality? And what do we do about that?" the interviewer Quick asked. And the Nvidia CEO reiterated time and again that there needs to be more optimism about these developments. Just because a task gets automated does not mean a person's entire job is being replaced. People are misunderstanding the fact that that the purpose of a job and the task of a job are definitely related, but is not the same thing, he said. So, even when AI takes over a discrete task within a role, the broader function that employee serves in an organization is likely to remain, Huang reasoned. In fact, he also called out people delivering doomsday prediction around AI claiming it will dominate humanity or wipe out huge segments of the economy. "My greatest concern now is that we scare people with these science-fiction stories. To the point where AI is so unpopular in the US, or people are so afraid of it, they don't actually engage with it," he said. The Nvidia CEO called out the industry for generating rhetoric and using the hyperbole as a marketing gimmick to boost the buzz even further around products, solutions or even upcoming IPOs (our comment). Huang holds the view that the actual capabilities of these products or solutions aren't anywhere near what the rhetoric suggests. In fact, Jensen Huang called out people who have made statements like AI destroying democracy. In the video, he gives the example of someone generating a hyperbole around how AI will kill radiology, which in turn could result in medical students turning away from that particular field of expertise. Somehow because they became CEOs they adopt a God-complex, and before you know it, you know everything. I think we've to be careful and really ground ourselves and really talk about the facts," Huang had said. On the one hand, such statements could be considered a warning and therefore helpful, the counter have been hurtful. Similarly, if we convinced college graduates to not be software engineers, the US would end up needing more software engineers than ever. So we must be careful on how we communicate for this technology and advocate for policy and guardrails, he had said. "Scaring people by saying non-sensical things which are not going to happen like AI is an existential threat to humanity, is ridiculous. That it is going to wipe of 50% of new college grad jobs and that it completely destroy democracy. These kind of comments are made by people like me, that is CEOS," he says.