Nvidia CEO Jensen Huang Criticizes Using AI as an Excuse for Layoffs

Central News Agency, Singapore, 26th. Jensen Huang, CEO of AI chip giant Nvidia, stated that some CEOs are being 'lazy' by using AI as an excuse for layoffs, and advised those worried about losing their jobs to AI to learn the technology. In an interview with Singapore's CNA, Huang said, 'It is lazy for many CEOs to link AI with layoffs. AI has just arrived; how could people have already lost their jobs because of it?' He added, 'AI only became productive and practical six months ago; how could they have been laying people off for two years because of AI? It doesn't make sense.' He said some executives say this just to sound 'professional,' and he 'really hates that,' calling it 'irresponsible.' Recently, there have been many reports of AI-related layoffs. Standard Chartered announced last week that it plans to cut over 7,000 jobs in the next four years, with CEO Bill Winters claiming the bank is using AI to replace 'lower-value human capital,' which drew criticism. He later apologized for his remarks. Meta also plans to cut at least 20% of its staff to offset heavy AI spending. When asked what he would say to those worried about losing their jobs, Huang said, 'I would tell those who are worried about their jobs being taken by AI: go learn AI.' He pointed out, 'You won't lose your job because of AI; you will lose your job because someone else knows how to use AI better than you... When the PC arrived, it didn't take people's jobs. Those who didn't learn how to use the PC were the ones left behind.'