Jensen Huang dispels the myth of AI unemployment: It will not eliminate workers, but will create a large number of new job opportunities

NVIDIA CEO Jensen Huang refutes the doomsday theory of AI. He emphasizes that agentic AI will drive a thousandfold increase in computing power demand and calls AI a generator of jobs, capable of promoting U.S. reindustrialization through productivity improvements.

NVIDIA CEO Jensen Huang recently attended the “Global Conference 2026” AI era panel hosted by the Milken Institute, an economic policy think tank. Regarding market concerns that artificial intelligence (AI) may trigger widespread unemployment, Huang Huang remains highly optimistic, not only dismissing the “AI doomsday theory” but also stating that AI is an important engine for driving U.S. reindustrialization and job creation. Additionally, he revealed that the next wave of “agentic AI” will lead to unprecedented GPU computing demand and infrastructure booms.

Rise of Agentic AI! Will Drive GPU Computing Demand to Increase a Thousand Times

Huang emphasized during the event that generative AI has already brought significant change to the world, but the development of “agentic AI” will require 1,000 times the processing power of generative AI, leading to continuous soaring demand for GPUs. He pointed out that the AI industry is driven by new types of industrial plants, which produce hardware that is an indispensable core infrastructure for AI. The construction, production, and operation of these facilities will inevitably create massive labor demands, just like other segments of the rapidly growing AI industry chain.

Breaking the Unemployment Myth: AI Enhances Productivity, Not Replaces Workers

In response to concerns that AI will cause large-scale unemployment, Huang clearly stated, “AI is a large-scale industrial generator of jobs.” When asked whether rapid AI development might lead to social disorder and increased inequality, Huang explained that many people confuse “the purpose of work” with “work tasks.” Even if AI automates and takes over certain specific tasks, the broader roles and core values of employees within organizations still exist. He emphasized that the main goal of AI is to boost productivity and accelerate scientific discovery, not simply eliminate workers.

Huang Huang: Overhyping the “AI Doomsday Theory” Will Hinder National Development

Beyond economic impacts, Huang also outlined AI application blueprints across various professional fields. He proposed an open-source AI “swarm” concept for cybersecurity and predicted that real-time AI analysis will thoroughly revolutionize medical diagnostics. He also expressed concern about the U.S. hesitation in AI development, believing that exaggerated sci-fi doomsday stories have scared the public, causing fear and reluctance to engage with AI, which could hinder the country’s leadership in this field. Therefore, he advocates for responsible AI development and calls for international cooperation on safety standards.

Will AI Impact the Economy? The Job Market Still Needs Long-term Evaluation

Although Huang downplays claims that AI possesses self-awareness or poses risks to human survival, debates about AI’s long-term economic impact remain. Critics argue that most doomsday claims originate from the AI industry itself, used as marketing hype and buzz, with actual capabilities often falling short of publicity.

Furthermore, while NVIDIA is confident about AI driving employment, some authoritative financial and academic institutions are more conservative, predicting that up to 15% of jobs in the U.S. could disappear over the next few years due to AI proliferation. The long-term real impact of AI on the economy and labor market still requires further observation over time and market developments.

• This article is reprinted with permission from: Chain News
• Original title: “Jensen Huang Refutes AI Doomsday Theory: Future Will Create Massive Emerging Job Opportunities”
• Original author: Co2