By now, everyone is pretty familiar with the power and potential of Artificial Intelligence (AI). Having found applications in virtually every human-centric field, from business to healthcare, AI has revolutionised the world beyond imagination.
Nonetheless, there has been widespread resentment towards large-scale uses of AI. Fears of unemployment and financial ruin have discouraged people from embracing and using AI. However, NVIDIA CEO Jensen Huang has a positive attitude towards such emerging technologies.
During a recent episode of the All-In podcast, hosted by Chamath Palihapitiya, Huang claimed that AI would create more millionaires in five years than the internet did in two decades.
“The Greatest Technology Equaliser of Our Time”
Describing AI as the greatest technology equalizer of this generation, Huang alluded to its ability to democratise innovation. Anyone with access can create value; there is no need for a strong technical background.
AI has markedly reduced skill barriers, allowing creativity to come to fruition quickly and efficiently. People don’t have to master sophisticated tools like Python, C++, or Java. You could simply give a prompt in casual human language, and AI will bring your concepts to life.
As Huang describes, AI has erased the gap between ideation and creation, facilitating the application of innovative ideas for those who don’t necessarily have the skills and knowledge to accomplish their intended goals.
Furthermore, the NVIDIA CEO sees companies adopting “the two-factory model” in the foreseeable future, something along the lines of Tesla’s current setup. Tesla builds automobiles in one facility, and the AI facilities in another.
The concept of two separate factories, one physical and the other digital, will apply across all industries, including technology. Moreover, he feels that AI will have a net positive effect by creating more jobs.
He also added that only those who resist AI will be in danger of losing their jobs:
“Anybody who is not using AI is going to lose their job to someone with the knowledge of AI.”
NVIDIA has Taken Extensive Advantage of AI
It seems as if Huang is speaking from personal experience, as NVIDIA has been a leader in the competitive market of AI hardware. He also noted the US company’s plans to build $500 billion worth of AI supercomputers in Arizona and Texas in the next 4 years.
He also revealed that all software engineers and chip designers at NVIDIA were supported by AI tools, promoting faster innovation, a testament to his belief in the power of AI.
The NVIDIA CEO’s words do have merit. AI is unlocking new opportunities and forcing individuals to adapt. Sooner rather than later, it may become an essential tool to remain relevant in the job market.
Stay tuned to Brandsynario for further updates.
