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Nvidia CEO Jensen Huang says AI creates jobs, dismisses doomer fears

ai-technology · 2026-05-05

Nvidia CEO Jensen Huang argued during a Milken Institute event on Monday that AI is generating jobs rather than eliminating them. Speaking with MSNBC's Becky Quick, Huang described AI as the United States' best opportunity to re-industrialize, noting that AI infrastructure requires factories and workers. He criticized 'doomer' narratives as science fiction that could make AI unpopular, while acknowledging that some tasks within jobs may be automated but entire roles will remain. The discussion comes amid reports from financial and academic organizations predicting up to 15% of U.S. jobs could be eliminated by AI in coming years.

Key facts

  • Jensen Huang spoke at a Milken Institute event on Monday with MSNBC's Becky Quick.
  • Huang said AI is creating an enormous number of jobs and is the US's best opportunity to re-industrialize.
  • He argued that automating a task does not replace an entire job.
  • Huang criticized 'doomer' rhetoric as science fiction that could scare people away from AI.
  • Critics say doomer rhetoric is used as marketing by the AI industry.
  • Reputable organizations predict up to 15% of US jobs could be eliminated by AI.
  • The event was hosted by the Milken Institute, an economic policy think tank.
  • Huang's company Nvidia sells hardware critical for AI infrastructure.

Entities

Institutions

  • Nvidia
  • Milken Institute
  • MSNBC

Locations

  • United States

Sources