People who don't understand AI will be left behind.

Mr. Huang, CEO of the world's most valuable chip company, gave a speech to new graduates of National Taiwan University on May 27, where he said AI will change the business landscape and all jobs.

“Companies that are agile will leverage AI and strengthen their position. The rest will be wiped out. While some worry about AI taking over their jobs, the reality is they will lose their jobs to people who understand AI,” Mr. Huang shared.

Mr. Jensen Huang speaks at Taiwan University on May 27. (Photo: Bloomberg)

AI will become a partner to increase employee performance in many industries, creating jobs that never existed while making others disappear, according to Mr. Huang.

Nvidia chips are the gold standard for training AI models like the technology behind the ChatGPT chatbot. The company is a big beneficiary of the AI race among tech companies. Unlike other leaders like Google CEO Sundar Pichai and OpenAI CEO Sam Altman, Huang does not issue any warnings about AI. He just says that students should create something new in the AI era if they do not want to be left behind.

“In 40 years, we have created PCs, the Internet, mobile, cloud and now AI. What will you create? Whatever it is, run, don’t walk,” he advised the graduates.

Today (May 29), in Taiwan, Mr. Huang revealed a series of new products and services of Nvidia related to AI. These include new robot systems, advertising services, network technology, most importantly, the AI supercomputer platform called DGX GH200. It will help technology companies create competitors of ChatGPT. Microsoft, Meta, Google are expected to be the first customers.

Getting a job, getting a raise… will all depend on AI

The series of announcements underscores Nvidia’s shift from a maker of computer graphics chips to AI. Last week, he forecast second-quarter revenue that beat analyst expectations by $4 billion due to demand for data center chips. The news sent Nvidia’s stock to a record high and could see it reach a $1 trillion valuation. If realized, Nvidia would be the first chipmaker to do so.

In his presentation, Mr. Huang argued that the traditional architecture of the technology industry is no longer improving fast enough to keep up with complex computing tasks. To realize the full potential of AI, customers are increasingly using graphics processing units (GPUs) and accelerated computing.

“We are at the turning point of a new era of computing,” the head of Nvidia asserted.

He also demonstrated the astonishing ability of generative AI to transform text input into different media outputs. For example, he asked AI to suggest a playlist to match his morning mood, or gave it a snippet of song lyrics to turn into a pop tune. “Everyone is a creator,” he said.

(According to Bloomberg)

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