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Nvidia CEO predicts AI will create more millionaires in 5 years

Nvidia CEO Jensen Huang recently described AI as “the greatest technology equalizer of all time” on the All-In podcast hosted by venture capitalist Chamath Palihapitiya.

Huang noted that advancements in AI have simplified the creation process.

He said that “everybody is a programmer” and traditional coding languages like C++ and Python may no longer be necessary for interacting with AI systems.

Huang discussed the economic impact of AI, predicting it could create more millionaires in the next five years than the internet did over two decades.

He highlighted AI’s potential to drive job creation and innovation. However, he warned that those who do not adopt AI may face job displacement from individuals skilled in AI.

He forecasted a future where countries operate both physical and digital factories.

Huang cited Tesla as an example, explaining that the company manufactures vehicles in one factory while developing the AI systems that power them in another.

Huang also mentioned the influence of small, focused AI research teams. He referenced OpenAI and China’s DeepSeek as examples of organizations achieving significant impact with relatively small workforces.

He pointed out that Nvidia’s leadership team has also benefited financially from the company’s growth.

The discussion highlighted the transformative potential of AI across various industries and its implications for jobs and wealth distribution.

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