Jensen Huang is the CEO of Nvidia, the second most valuable company in the world with a market capitalization of $3.42 trillion. At Gartner’s IT Symposium in Orlando, Florida, on Tuesday, Huang encouraged business leaders to prioritize AI and held up Nvidia as an example of how to make it happen.
Huang said Nvidia is leveraging AI to design chips, create software and improve its supply chain. Those three areas “are going to change the most,” he said, according to the Wall Street Journal.
Meanwhile, he encouraged his fellow CEOs to incorporate AI into their organizations to prepare for a “new industrial revolution.”
Related: How Nvidia CEO Jensen Huang turned a graphics card company into an AI giant: ‘One of the most remarkable business transformations in history’
Hwang previously referenced a new industrial revolution when he announced a partnership with the state of California to train 100,000 people in AI in August.
Nvidia CEO Jensen Huang. Photo by Justin Sullivan/Getty Images
“We are now in the early stages of a new industrial revolution that will transform multitrillion-dollar industries around the world,” Huang said at the time.
Will AI take away jobs?
Are employees at risk of being replaced if AI becomes a top priority for companies? Huang spoke about the potential for AI to replace human jobs at Nvidia’s AI Summit in Mumbai, India this week. I touched it.
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AI cannot replace humans and is “not likely to do what we are doing,” Huang said. But he warned that people who know how to use AI are more likely to lose their jobs than the AI itself.
Hwang’s position is echoed by serial entrepreneur and New York University Stern professor Scott Galloway, who recently said that while AI may not take over their jobs, there are people who know how to use it. He said he might be able to do it.
