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  1. From the article: Wall Street was bristling earlier this month as the chipmaker Nvidia behind the AI boom hit a record market value of $3.92 trillion, narrowly eclipsing Apple’s record of $3.915 trillion set last December.

    Just days later, Nvidia became the most valuable company in history, breaking the $4 trillion value ceiling and pushing CEO Jensen Huang up to being the world’s sixth richest person, with a net worth of over $143 billion.

    With his bag safely secured for the next several dozen generations, Huang celebrated his dynasty with an ominous warning: “everybody’s jobs will be affected.”

    Speaking with CNN’s Fareed Zakaria, Huang repeated the spooky threat, which the broader tech sector has been dining out on for years.

    At the center of Huang’s prediction is productivity — the idea that AI will soon produce more market value than human workers, in less time and for a lower cost — though, like many of his peers, he also mixed in the confusing claim that there will still be room for human jobs, which will take as-yet-undisclosed new forms.

    “Some jobs will be lost,” Huang said. “Many jobs will be created and what I hope is that the productivity gains that we see in all the industries will lift society.”

    What “lifting society” means in practice remains to be seen. For all the billions of dollars poured into AI, our tech overlords have refused to use their fortunes to prepare us for the coming AI job apocalypse they insist is right around the corner. Instead, they’ve aligned with politicians bent on the destruction of the social safety net and the privatization of public services for the direct benefit of the ultra-wealthy.

  2. It would be really great if we knew the value of a human being before we get rid of their value to the economy.

  3. If he can do that why can t start a GPU company with AI and make the same products?

  4. spastical-mackerel on

    So this guy basically gets lucky, accumulates a ton of excess resources, and we’re all gonna just roll over and let him and a few if his buds obsolete us?

  5. Really_McNamington on

    Man whose profits come from selling GPUs to AI companies attempts to further inflate the bubble so he gets to go on doing so.

  6. hidden-in-plainsight on

    I’d like to spend my time doing Astronomy things, gym things, and library things.

    In that order.

  7. ThunderheadGilius on

    Ai isn’t going to kill all jobs.

    Folk dont quite grasp the sheer scope and amount of unworkable land there is at present.

    People do not grasp the insane impact and change a warming planet will have on future work.

    There will be a massive movement north as land opens up in Greenland, Russia and Canada and the global North at large.

    Billions of jobs will open up not performable by ai or robots.

    We are talking massive refsrming projects which aren’t plug and play.

    So the nihilists are wrong. There will be plenty manual labour jobs in future for everyone if they want to work.

  8. In an ideal world, this would be a good thing, as it would allow us to spend more time doing things we’re actually interested in.

    But without something like Star Trek level UBI, this is just a fast track to poverty and massive class inequality.

  9. Guess we’ll all learn the hard way that UBI is needed at a bare minimum. How many people will have to die in the meantime?

  10. thinkB4WeSpeak on

    You know maybe I’d be happy about this like we don’t have to work anymore. Then I think about our current time where we have the ability to not work as much. Instead the oligarchs have use working all the time while going home to chores. Then every single thing in life is basically a capitalist way of getting money. So if we didn’t have to work it makes me think oligarchs would just use it for malicious purposes like getting rid of everyone who isn’t them.

  11. if he wants AI productivity to lift society, he must support a value-added tax on AI labor, right?

  12. I was here for the 90s and 00s in my youth, and I feel the rest is downhill from there. I know that’s biased to say. I cannot imagine what it would be like for humanity to be born in the AI world.

  13. Seattle_gldr_rdr on

    Does anybody else feel like AI is nearing the “peak of inflated expectations” on the Gartner Hype Curve? This is feeling a lot like the Dot Com bubble of the late 90s. The value-added benefits of tech have stabilized (my smart phone is smart enough and I don’t need a TV bigger than 70″, thanks) so is radically-reduced staffing the only way for tech bros to promise shareholders increased margins?

  14. This is going to be forced extinction for many many. Your govts and your corporations have no incentive to keep you alive if you aren’t productive.

    See “what we like doing” has never been a leverage for existence. I had always been how much you can contribute. If your contribution is zero you will be forced to be extinct.

    But that’s okay because that’s “good for the planet” 😂

  15. BureauOfBureaucrats on

    This is why people hate CEOs and most leadership these days. Their sheer fucking hubris to think they have everything figured out for us. Mark Zuckerberg is just as bad. I wish we could shove all these tech people adrift on an iceberg. 

  16. I know the “eliminate” part is scary but the “change” part is exciting. My company is super AI forward and the amount of productivity I’ve been able to unlock by offloading tasks to gpt or AI agents is staggering.

    Is it just a matter of time before they don’t need me running all of these prompts and kicking off these agents? Idk. I’d like to think no, but maybe. I think for the short-mid term though at least being someone who knows how to leverage it for maximum productivity is a competitive advantage.

  17. Popular_Research6084 on

    Humans are an incredibly short-sighted, selfish species. If we actually cared for the well-being of others this might be a great idea. 

    The reality is that the ultra rich will end up living even more luxuriously, while the rest of humanity either dies out, or struggles to get by. 

  18. All these type of blurbs about CEOs and AI should start with -CEO steps down to be replaced by AI.  

  19. Will those losing their jobs at least be given a free 5090 for their troubles?

  20. Of course he does, he is incentivized to keep selling more GPUs to the major tech firms to keep the AI bubble growing. Why would he say “actually AI isn’t gonna make it, sorry to the US economy”?

  21. LittleWhiteDragon on

    AI should replace his job first! It would be the easiest job to replace, and it would save the most money!

  22. The_Pandalorian on

    Is this guy mentally ill? This is an insane thing to say out loud with a nation of potential Luigis.

  23. A CEO whose company makes billions from AI hype is hyping AI? Who would have thought it?

  24. TinFoilHat_69 on

    He is assuming 95% of jobs across the world will be gone so leaders will need to find a solution for legacy workers

  25. my question to him would be – you make all the hardware and technology to allow organisations to build their AI platforms…have you ever tried it?

    I mean, NVidia drivers have had issues for a while now – so why cant you use your own tech, replace some developers and fix all your own software problems if its so capable? –

    I think we’re at a position on the bell curve they don’t want to admit – where we can do 90% of the stuff really well – but the last 10% is insanely hard/expensive and resource hungry – and just simply not ready yet.

    I’m a developer and use Tabnine/ChatGPT to do a lot of the heavy lifting – but its never production ready – and NVidia will never admit that yet – what will it take to have a decent confidence level and be production ready for mission critical systems?

  26. Cool, another brand I’ll never buy again.

    You can’t claim that you’re doing a good thing by increasing productivity with AI while simultaneously enriching yourself and helping politicians who are removing all of the social safety nets. If you want AI to replace labor you need a lot more socialism, or the world is going to become a dystopian hellhole.

  27. Sounds good, he should start with his own job while he’s at it, then let the AI take his company from there and see how it goes.

  28. drunk_funky_chipmunk on

    So then let’s start with replacing all CEOs jobs. I mean it would have to be the easiest thing for AI to do and it would save companies the most amount of money

  29. There is literally a Twilight Zone episode about this called ‘The Brain Center at Whipple’s’

    In which the Big boss man stops caring about the employees that got him to where he is, and he replaces everyone with machines/ai which eventually end up replacing him too in the end

  30. alvi_skyrocketbpo on

    if everyone loses their job, then who will buy any products? The economy does not operate in a bubble. Everything is connected and new jobs will be created.

    There is a severe need to change our perception to education. College degree’s Net Present Value is going down over time.

  31. “Man selling thing promises to sell so much of that thing.”

    The dude sells hardware for AI. Of course he will claim that AI will be everywhere. In fact, your AI will need AI, so however much AI you think you need, buy double. 

  32. PreparationMediocre3 on

    He looks like that coconut head alien dude from those weird photos 

  33. These CEO’s are shortsighted and only worried about profits. In a vacuum if they were the only company that did this, sure, it would have little impact on the world, but since EVERY corporation is hoping to do this as fully as they can, they are going to find out quickly that a few rich people and a billions of poor people are not going to sell enough product to keep them rich and at some point, there will be a eat the rich scenario. Again, very short sighted and I will no longer support companies with this attitude. Not buying their stocks and not buying their products. They are not investing in humanity’s future. They are stealing humanity’s today for themselves.

  34. Here at American Orphan Crushers, we believe the future is great. Yes a few orphans will be crushed but more orphans will be created. Think of the value that will be brought to me, the CEO, and the shareholders.