Nvidia CEO Jensen Huang on whether AI will lead to job losses:
I would say, if the world runs out of ideas, then productivity gains translate to job loss. But over the course of last 60 years in the era of computers, not only did productivity go up, employment also went up. Now the reason for that is, if we have abundance of ideas, ways we could build a better future, if we are more productive, we could realize that better. Now, of course, in a world of zero sum game, if you have no more ideas, all you want to do is this, then productivity improvement results in job loss.
I would say, if the world runs out of ideas, then productivity gains translate to job loss. But over the course of last 60 years in the era of computers, not only did productivity go up, employment also went up. Now the reason for that is, if we have abundance of ideas, ways we could build a better future, if we are more productive, we could realize that better. Now, of course, in a world of zero sum game, if you have no more ideas, all you want to do is this, then productivity improvement results in job loss.