The shaky job market won't last: Nvidia CEO Jensen Huang is 'fairly confident' that AI will increase productivity and hiring-but there's a catch | Fortune
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The shaky job market won't last: Nvidia CEO Jensen Huang is 'fairly confident' that AI will increase productivity and hiring-but there's a catch | Fortune
"I'm fairly confident that AI will drive productivity, revenue growth, and therefore more hiring."
"This is for certain: everyone's job will change because of AI. Some jobs will disappear-every industrial revolution some jobs are just gone-but a whole bunch of jobs are created,"
"Everyone will have to use AI, because if you don't, you'll lose your job to someone who does."
"The Class of 2026 will be graduating at an exciting time, as AI transforms our world and expands what is possible,"
2025 saw the weakest non-recession job growth since 2003, with tariffs, tighter immigration, and economic uncertainty contributing while AI became a convenient scapegoat. Jensen Huang views the slowdown as a temporary adjustment ahead of greater productivity and revenue growth driven by AI. The AI transition will reshape roles and responsibilities across the labor market, eliminate some jobs, and create many new ones. Workers will need new skills and adaptability to benefit. Failure to adopt AI could lead to job loss to those who use it. AMD's Lisa Su expresses optimism for new graduates entering an AI-shaped workforce.
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