According to Jensen Huang, those who fear that AI may take their jobs are wrong. It will be people with AI expertise who will steal their jobs. Furthermore, the AI industry will transform every single job, opening up tons of new opportunities for people with experience and creating tons of vacancies.
Jensen Huang, CEO of World Leading artificial intelligence (AI) chip maker nvidia corporation (NASDAQ: NVDA), firmly believes that AI expertise is everything. As Jensen Huang said during his opening remarks on Saturday, individuals and companies with a lack of AI knowledge run the risk of being left behind.
huang Said,
“Agile companies will take advantage of AI and boost their position. Companies will be less likely to be eliminated. While some worry that AI may take their jobs, those who specialize in AI will.
Furthermore, the Nvidia CEO said that those who fear that AI may take their jobs are wrong. It will be people with AI expertise who will steal their jobs. Furthermore, the AI industry will transform every single job, opening up tons of new opportunities for people with experience and creating tons of vacancies. Therefore, it’s time to familiarize yourself with the technique until it’s too late.
Huang said:
“In 40 years, we have created the PC, Internet, mobile, cloud and now the AI era. What will you create? Whatever it is, run after it like we did. Run, don’t walk. Either you run for food or you are running away from becoming food.
Currently, Nvidia is on top. The company is famous for designing and manufacturing graphics processing units (GPUs), innovating semiconductors, founding the Omniverse, and manufacturing countless computer software and hardware. Last week, Nvidia hit a new high, with its shares surging 26%, following a strong earnings outlook and increased production scale as a result of heavy demand. Due to such explosive growth and a market cap of over $950 billion, Nvidia is expected to become the next trillion-dollar company, apart from Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), Alphabet(NASDAQ: GOOGLE), and Amazon (Nasdaq: AMZN).
Will AI Steal Jobs?
Experts have been warning that AI could have a huge impact on millions of jobs, especially in industries that can be easily automated. Among them are transportation, construction and financial services, as well as healthcare where AI can aid in the diagnosis and treatment of patients and journalism where AI can generate news articles and summaries. According to a report published by Banking giant Goldman Sachs Group Inc (NYSE:GS) in March, AI could replace the equivalent of 300 million full-time jobs. Besides, we informed of AI will drive profit growth despite rising borrowing costs and supply chain problems, predicts Goldman Sachs. According to the bank, AI can give a boost S&P 500 Up to 30% profit over the next decade.
AI technology can automate a lot of processes, but that doesn’t mean you should fear losing your job. Instead, the development of AI is an impetus to learn more about it and invest in learning how to work with the technology. With this knowledge, any employee will be a more valuable asset.
Daria is a crypto enthusiast who strongly believes in the future of blockchain. Being a hospitality professional, she is interested in finding ways in which blockchain can transform various industries and bring our lives to a different level.
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