CEOs saying AI will massively eliminate jobs and potentially annihilate the human race have a “god complex,” Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang says.
“These kind of comments are not helpful,” Huang said during a “Memos to the President” podcast episode released on April 30. “They’re made by people who are like me, CEOs, and somehow because they became CEOs, you adopt a god complex and before you know it, you know everything.”
Huang cited predictions that AI will wipe out 50% of entry-level jobs and that there is a 20% chance AI could pose an existential threat to humanity.
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While Huang did not mention any names, Anthropic CEO Dario Amodei told Axios a year ago that AI could wipe out half of the entry level jobs and raise unemployment to 20% in five years. Tesla Inc. (NASDAQ) CEO Elon Musk said on an episode of the “Joe Rogan Experience” podcast in early 2025 that there was a 20% chance AI could annihilate humans.
Huang said these predictions could discourage much-needed talent. He said AI has created over 500,000 jobs in the past few years and will create hundreds of thousands more by bringing back U.S. manufacturing jobs.
“The fact of the matter is companies that use AI have demonstrated the ability to grow faster,” he said on the “Memos to the President” podcast. “When they grow faster, they hire more people. Apparently, AI creates jobs.”
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What the doomsayers are missing is the difference between the purpose and the task of a job, Huang said. While tasks like coding can be automated, figuring out which problems to solve cannot, he added.
Huang’s remarks come despite a recent wave of layoffs attributed to AI in the tech industry. Nearly 100,000 tech employees have been laid off from 110 companies this year alone, according to Layoffs.fyi. The list most recently expanded to include PayPal Holdings Inc. (NASDAQ:PYPL), which reportedly plans to cut nearly 5,000 employees.
PayPal CEO Enrique Lores said on the company’s Q1 earnings call on Tuesday that the company intends to improve efficiency and accelerate AI adoption across its operations.
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