Nvidia CEO says AI will create jobs and boost US industry, not cause mass unemployment.

Nvidia CEO Jensen Huang stated that AI is an industrial-scale job creator rather than a threat to employment. Speaking at the Milken Institute event, Huang emphasized that AI will help re-industrialize the US by creating new factory jobs and supporting a growing AI industry. He argued that automation replaces tasks, not entire jobs, and warned against fearmongering that could hinder AI adoption. Despite concerns that AI might eliminate up to 15% of US jobs, Huang remains optimistic about its economic benefits and job creation potential.