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

Market News
04 May 2026
TechCrunch
View Source
Bullish
pluang ai news

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.

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Nvidia stock slowdown tied to AI investment cycle; best shorting chance seen late 2026

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Traders predict Nvidia stock will stay below $192 in July 2026, with limited chances of a sharp rally.

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Neutral
1 day ago
S&P 500 rises 9.3% YTD, led by tech and small caps, with commodities and select international markets also strong.

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2 days ago
Nvidia CEO Jensen Huang's iconic leather jacket goes on auction at Sotheby's, estimated at $40,000-$60,000.

Nvidia CEO Jensen Huang's iconic leather jacket goes on auction at Sotheby's, estimated at $40,000-$60,000.

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Neutral
3 days ago
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