AI won’t replace jobs, it will evolve them, says Nvidia CEO

Fears of AI-driven job losses are rising, but Nvidia Chief Executive Jensen Huang says workers may be worrying about the wrong thing. Speaking on the Lex Fridman Podcast, he stressed that artificial intelligence is more likely to reshape jobs than replace them.

Huang identified radiology as an important demonstration. Early predictions suggested radiologists would be among the first roles automated by AI. The number of radiologists has increased because AI now operates almost all radiology systems.

Doctors use AI tools to make faster diagnoses which allows them to treat more patients. The demand for skilled professionals will increase because AI tools help doctors diagnose patients.

Will AI replace jobs?

Huang believes that people who work in alarmist prediction fields fail to enter the profession because they fear the forecasted dangers, which results in a lack of skilled workers.

Nvidia has been under Huang's leadership since he began working for the company three decades ago. He explained to the audience at the Milken Institute Global Conference that people will not lose their jobs because of AI technology but instead will face competition from others who utilise AI technology.

He believed workers who embrace AI technologies will succeed while workers who refuse to adopt new methods will experience failure.

Other leaders share this perspective. Brian Chesky described AI as "the best thing that ever happened" to his business, while Jamie Dimon recognised AI would create job losses, but he underscored the necessity of adjusting to new technologies.

Huang concluded that it is more likely for AI to alter how humans work than replace them completely, especially if humans are involved in decision-making, judgement, and human insights. The key, he said, is to “embrace technology to evolve with it.”