{"id":8592,"date":"2023-11-03T17:05:47","date_gmt":"2023-11-03T17:05:47","guid":{"rendered":"https:\/\/topat10.com\/elon-musk-says-ai-will-create-a-world-where-no-job-is-needed-but-nvidia-billionaire-jensen-huang-couldnt-disagree-more-humans-have-a-lot-of-ideas\/"},"modified":"2023-11-03T17:05:47","modified_gmt":"2023-11-03T17:05:47","slug":"elon-musk-says-ai-will-create-a-world-where-no-job-is-needed-but-nvidia-billionaire-jensen-huang-couldnt-disagree-more-humans-have-a-lot-of-ideas","status":"publish","type":"post","link":"https:\/\/topat10.com\/?p=8592","title":{"rendered":"Elon Musk says AI will create a world \u2018where no job is needed,\u2019 but Nvidia billionaire Jensen Huang couldn\u2019t disagree more: \u2018Humans have a lot of ideas\u2019"},"content":{"rendered":"\n

Depending on who you ask, artificial intelligence will steal more jobs than it creates or vice versa. Few doubt that AI tools like ChatGPT will make some jobs obsolete, but opinions vary widely on what the overall impact will be in the long run\u2014even among two of the emergent tech space\u2019s billionaire visionaries.<\/p>\n

\n

In recent days, Tesla<\/a> CEO (and OpenAI co-founder<\/a>) Elon Musk and Nvidia<\/a> CEO Jensen Huang<\/a> couldn\u2019t have expressed more different visions for the future of the economy, once AI reaches its full potential.\u00a0<\/p>\n

The two have known each other for years. Huang (net worth: $38.7 billion<\/a>) is a Tesla customer and interviewed<\/a> Musk (net worth: $208 billion<\/a>) onstage at an 2015 Nvidia event, raving about Musk\u2019s accomplishments with electric vehicles. But since AI exploded onto the scene this year, Nvidia has gained a new prominence<\/a> thanks to booming demand for its AI chips. Its market cap now exceeds $1 trillion, catapulting over Tesla, which currently sits at $690 billion.<\/p>\n

Musk said<\/a> in Tesla\u2019s second-quarter earnings call that he has \u201ctremendous respect for Jensen and Nvidia\u201d and that his carmaker is \u201cusing a lot of Nvidia hardware,\u201d adding, \u201cWe\u2019ll actually take Nvidia hardware as fast as Nvidia will deliver it to us.\u201d<\/p>\n

But Musk\u2019s view on AI\u2019s potential to replace humans in jobs is decidedly darker than Huang\u2019s.\u00a0<\/p>\n

Whither jobs under AI?<\/h2>\n

\u201cThere will come a point where no job is needed,\u201d Musk said<\/a> on Thursday while sharing a stage with British Prime Minister Rishi Sunak at the UK AI Safety Summit (held fittingly at Bletchley Park<\/a>, an English estate considered one of modern computing\u2019s birthplaces due to its role in Allied code-breaking during World War II). \u201cYou can have a job if you want a job. One of the challenges in the future will be how do we find meaning in life.\u201d\u00a0<\/p>\n

Calling AI the \u201cmost disruptive force in history,\u201d he said we\u2019ll eventually \u201chave something that\u2019s smarter than the smartest human.\u201d<\/p>\n

A few weeks earlier, though, Huang shared his more upbeat outlook about AI in an interview<\/a> with the Acquired<\/em> podcast.<\/p>\n

\u201cMy sense is that it\u2019s likely to generate jobs,\u201d he said. \u201cThe first thing that happens with productivity is prosperity. When the companies get more successful, they hire more people, because they want to expand into more areas.\u201d\u00a0<\/p>\n

A common line of thinking, he noted, is that if a company improves productivity with AI, then it will employ fewer people. But that assumes a company will have no new ideas, he said, and \u201cthat\u2019s not true for most companies.\u201d<\/p>\n

So long as there are more areas to expand into\u2014new ideas in transportation, retail, entertainment, technology, and drug discovery\u2014the prosperity that comes from improved productivity results in more people being hired, he believes. He noted that today\u2019s industries are larger than those of a thousand years ago \u201cbecause obviously humans have a lot of ideas.\u201d\u00a0<\/p>\n

Huang does think some people will lose their job due to artificial intelligence, but argues they\u2019ll more likely lose it to another human using AI. \u201cI think jobs will change,\u201d he said, but \u201cmy guess is that we\u2019ll actually have higher employment, we\u2019ll create more jobs.\u201d<\/p>\n

The remote work wrinkle<\/h2>\n

The difference may stem from how Musk seems in general to have a harsher view of employees than Huang does. Another area where they completely disagree is remote work. While Musk has railed against it\u2014suggesting remote workers \u201cpretend to work<\/a>\u201d\u2014Huang has no problem with it whatsoever, telling VentureBeat in 2020 that, however employees choose mix their work settings, \u201cI\u2019m perfectly comfortable with all that.\u201d\u00a0<\/p>\n

Nvidia has stuck with<\/a> its remote work policy; meanwhile, an increasing number of high-profile CEOs have embraced Musk\u2019s line of thinking and issued<\/a> return-to-office mandates.\u00a0<\/p>\n

And while Musk ruthlessly slashed<\/a> 80% of the workforce at Twitter<\/a> after acquiring the company late last year, at one point mocking a fired employee with a disability before backpedaling<\/a>\u2014he soon faced a flurry of lawsuits and other legal actions over benefits owed and the manner of the terminations\u2014Nvidia avoided<\/a> the large layoffs seen elsewhere in the tech industry.\u00a0<\/p>\n

Huang said in the Acquired<\/em> interview, \u201cI\u2019m afraid of the same things today as I was in the very beginning of this company, which is letting the employees down. You have a lot of people who joined your company because they believe in your hopes and dreams, and they\u2019ve adopted it as their hopes and dreams\u2026You want them to be able to build a great life as well as help you build a great company.\u201d\u00a0<\/p>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"

Depending on who you ask, artificial intelligence will steal more jobs than it creates or vice versa. Few doubt that AI tools like ChatGPT will make some jobs obsolete, but opinions vary widely on what the overall impact will be in the long run\u2014even among two of the emergent tech space\u2019s billionaire visionaries. In recent […]<\/p>\n","protected":false},"author":89,"featured_media":8593,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[123],"tags":[],"class_list":["post-8592","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"\nElon Musk says AI will create a world \u2018where no job is needed,\u2019 but Nvidia billionaire Jensen Huang couldn\u2019t disagree more: \u2018Humans have a lot of ideas\u2019 | Unlock Informed Choices with Us<\/title>\n<meta name=\"description\" content=\"The Tesla and Nvidia CEOs expressed starkly different visions for the future of the economy, once AI reaches its full potential.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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Mollman","author_link":"https:\/\/topat10.com\/?author=89"},"uagb_comment_info":1,"uagb_excerpt":"Depending on who you ask, artificial intelligence will steal more jobs than it creates or vice versa. Few doubt that AI tools like ChatGPT will make some jobs obsolete, but opinions vary widely on what the overall impact will be in the long run\u2014even among two of the emergent tech space\u2019s billionaire visionaries. In recent…","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/topat10.com\/index.php?rest_route=\/wp\/v2\/posts\/8592","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/topat10.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/topat10.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/topat10.com\/index.php?rest_route=\/wp\/v2\/users\/89"}],"replies":[{"embeddable":true,"href":"https:\/\/topat10.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8592"}],"version-history":[{"count":0,"href":"https:\/\/topat10.com\/index.php?rest_route=\/wp\/v2\/posts\/8592\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/topat10.com\/index.php?rest_route=\/wp\/v2\/media\/8593"}],"wp:attachment":[{"href":"https:\/\/topat10.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/topat10.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8592"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/topat10.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}