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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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