should familiarise themselves with artificial intelligence or risk losing out, according to Nvidia co-founder and CEO Jensen Huang.
Huang, whose chip design company reached an all-time high on Friday fuelled by huge demand from AI service providers, gave a commencement address on Saturday saying the new technology will transform the corporate landscape and change every single job. “Agile companies will take advantage of AI and boost their position. Companies less so will perish,” the CEO told graduating students at theAgile companies will take advantage of AI and boost their position. Companies less so will perish
The technology, thrust into the popular consciousness by OpenAI’s ChatGPT late last year, will be used as a copilot to supercharge the performance of workers across a wide range of industries, while also creating new jobs that never existed and making some others obsolete, Huang said. Nvidia’s processors are the gold standard for training AI models such as the one underpinning ChatGPT. The Santa Clara, California-based company has been the primary beneficiary of the race to offer rivals to OpenAI’s technology. Huang, unlike other prominent figures in the global AI ecosystem, such as Google’s Sundar Pichai, Baidu’s Robin Li and OpenAI’s Sam Altman, did not offer any note of caution.Read:“In 40 years, we created the PC, internet, mobile, cloud and now the AI era.