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\n 8 hours ago <\/p>\n
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[Image source: ChetanJha\/MITSMR Middle East] <\/p>\n
Another big tech company has once again issued a statement against AI criticism. This time, it is Nvidia\u2019s chief, Jensen Huang.\u00a0<\/p>\n In a conversation<\/a> hosted by the Milken Institute, a policy think-tank, the tech leader jovially said that AI was an industrial-scale generator of jobs, not the harbinger of mass unemployment as mentioned otherwise by \u201cAI doomers,\u201d a term used to describe a group critical of AI.\u00a0<\/p>\n Despite touching upon several points, \u201cAI creates jobs\u201d became a recurring theme throughout the video. Huang even drew a historical comparison, stating, \u201cAI is the United States\u2019 best opportunity to re-industrialize.\u201d\u00a0<\/p>\n Huang didn\u2019t forget to mention how critical the hardware infrastructure (that his company produces) is to the development of the AI industry.\u00a0<\/p>\n His argument is that automating a specific task does not eliminate a person\u2019s entire job. He further asserted that those who believe otherwise \u201cmisunderstand the relationship between the purpose of a job and the tasks required to perform that job.\u201d His point is that the broader role of an employee remains intact, even as AI takes over certain tasks necessary for fulfilling a position within an organization.<\/p>\n His greatest concern is that people are being scared away from engaging with AI tools by science fiction stories, to the point that people in the US are actively avoiding these tools. To an extent, the rhetoric has been self-generated<\/a> by the industry. There has been an ongoing dialogue about how AI\u2019s capabilities are being sold as mere marketing gimmicks, and the products are nowhere near what the parent companies claim.<\/p>\n Multiple tech leaders have repeatedly spoken about the fact that the tools their companies provide are being underestimated by the public at large.<\/p>\n However, it has been less than half a decade since these tools were mainstreamed, and their long-term effects on people, organizations, and economies remain understudied. Several think tanks and academic institutions have also forecast job losses across sectors as AI tools continue to be deployed, while layoffs increase.<\/p>\n
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\n Jensen Huang Rebuts AI Fears, Frames It as Industrial-Scale Job Creator
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