Nvidia CEO Jensen Huang believes that artificial intelligence will actually make humans busier in the future, contrary to the notion that AI will automate all jobs and leave people with nothing to do. According to Huang, AI and robotics will revolutionize various industries, including healthcare, manufacturing, and agriculture, leading to increased productivity and efficiency.
Huang expects AI to change the nature of work, but not necessarily eliminate all jobs. Instead, new jobs will be created, and existing ones will be transformed to work alongside AI systems. With AI handling certain tasks, humans will have more time to focus on creative and high-value tasks, potentially leading to increased innovation and economic growth.
Huang's views contrast with those of Elon Musk, who has suggested that humans might receive universal basic income as robots take over most jobs. Huang's perspective emphasizes the potential benefits of AI in augmenting human capabilities and creating new opportunities. He predicts that everything that moves will be robotic in the future, with robots assisting humans in various industries and aspects of life.
Huang's confidence in AI's potential is reflected in his company's performance, with Nvidia's revenue exceeding analyst expectations and its market value reaching $4 trillion. He sees the AI boom as far from over, projecting $3 trillion to $4 trillion in AI infrastructure spending by the end of the decade.