Nvidia's Huang May Have Won China Reprieve
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Today’s Forbes Daily covers potential Federal Reserve chair replacements, the wealthiest get richer off bitcoin, a new biotech billionaire, AI in medicine and more.
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Huang’s comments stand in stark contrast to those of Anthropic CEO Dario Amodei, who said AI could eliminate half of all entry-level white collar jobs and spike unemployment by double digits over the next five years. Amazon CEO Andy Jassy has also warned AI will reduce the company’s total corporate workforce.
"You know this is no different than getting three opinions. Three doctors' opinions. I do the same thing," Huang said.
Jensen Huang, Founder & CEO of Nvidia, delivers a speech at the opening ceremony of the third China International Supply Chain Expo in Beijing, on July 16, 2025. Photo: Chi Jingyi
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tom's Hardware on MSNJensen Huang adds voice to those warning of AI-induced job losses - but only 'if the world runs out of ideas'Nvidia CEO Jensen Huang said that while AI could dramatically boost productivity, it may also cause job losses unless society continues to innovate and create new opportunities.
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OpenAI CEO Sam Altman has thrown his weight behind Nvidia chief Jensen Huang’s optimistic view that artificial intelligence will not destroy jobs but instead transform how work is done. In a passionate post on social media,
MiniMax aimed to raise between HK$4 billion and HK$5 billion, but its deal size and valuation could change depending on market conditions, Reuters said.