Blackrock American Income Trust plc

14/11/2023 | Press release | Archived content

NVIDIA CEO shares AI insights and outlook

NVIDIA Fireside Chat Highlights Reel Transcript

TONY KIM

It was a pleasure seeing you in January. And that meeting where I was coming off of 2022 as a tech investor of despair and depression. And then...

JENSEN HUANG

I'm a good listener, Tony,

TONY KIM

It was a seminal meeting, and it gave me hope. And what's transpired since then is nothing more than what I would say, shock and awe of the speed, and adoption of AI.

JENSEN HUANG

You have heard people say that that data is the new oil.

JENSEN HUANG

You're sitting on a treasure trove, a gold mine, of your own of your own data.

TONY KIM

Then the implications for jobs and labor, how do you see that?

JENSEN HUANG

Here's something that we all know. Automation improves productivity. Productivity improves earnings. What happens after improved earnings? Hiring more people. Therefore, AI will create jobs. Of course, they'll change the shape of all of our jobs.

JENSEN HUANG

And so don't worry about AI taking your job. Worry about someone else who uses AI. They're going to take your job.

TONY KIM

[That's] better than the Terminator outcome.
Accelerated computing is broader than just AI, right?

JENSEN HUANG

Without accelerated computing, we are not generating AI today. I mean, it's just not going to happen. I believe that for the very first time in history, the consumption of computing will not be X factors on Moore's Law.

JENSEN HUANG

The next decade of computing, the amount of consumption of computing, is going to be measured by trillions of times. And so, in the future, you're not talking about applications. You're not talking about AI models. You're talking about AI teams. That's the future. We are going to go into an insane, crazy, fun decade.