Firms and individuals must acquaint themselves with artificial intelligence or risk losing out, according to Jensen Huang, co-founder and CEO of Nvidia Corp.
Huang, whose chip design company hit an all-time high on Friday due to huge demand from AI service providers, gave an opening speech on Saturday saying the new technology will transform the corporate landscape and transform how everyone works.
“Agile companies will take advantage of AI and boost their position. Fewer companies will perish,” the CEO told graduate students at National Taiwan University in Taipei. “While some worry that AI could take their jobs, those AI experts.
The technology, thrust into the popular consciousness by OpenAI’s ChatGPT late last year, will be used as a co-pilot to supercharge the performance of workers across a wide range of industries, while also creating new jobs.
Nvidia’s processors are the gold standard for training AI models like the one underpinning ChatGPT. The Santa Clara, California-based company has been a primary beneficiary of the race to offer rivals OpenAI’s technology. Huang, unlike other prominent figures in the global AI ecosystem, such as Alphabet Inc’s Sundar Pichai, Baidu Inc. K’s Robin Lee and OpenAI’s Sam Altman show no caution whatsoever.
Huang asked the students to innovate fast in the AI era or risk being left behind.
“In 40 years, we have created the PC, Internet, mobile, cloud and now the AI era. What will you create? Whatever it is, run after it like we did. Run, don’t walk,” he said. “Either You are running for food, or you are running from becoming food.”
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