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Jensen Huang says the more AI is used, the more ‘we have to hire’
Workers increasingly fear job losses due to AI advancements like shrinking entry-level roles and mass layoffs. However, Nvidia CEO Jensen Huang strongly believes AI will create more jobs than it eliminates. He points to the rapid progress in AI and the deployment of AI agents across industries. Huang asserts that increased AI usage necessitates hiring more people as these new agentic systems require novel skills. Software engineers, for example, are shifting from traditional coding to building AI agents, a task they reportedly prefer. He likens coding to typing, emphasizing that building AI agents for new capabilities demands significant creativity and imagination. This monumental effort to integrate AI into the world is generating many new employment opportunities. Huang previously dismissed AI as a "lazy" excuse for layoffs, questioning how it could be responsible for job cuts years before it became useful. Despite his optimism, some companies have publicly linked AI to layoffs, with a report indicating AI drove 25% of job cuts in March. Companies like Meta, Oracle, Block, and Standard Chartered have laid off employees or plan to replace human capital with AI. While some tech leaders acknowledge AI's job displacement risks, Huang remains unconcerned, seeing AI's newfound usefulness as a driver for enterprise adoption and subsequent job creation.