Showing posts with label Jensen Huang. Show all posts
Showing posts with label Jensen Huang. Show all posts

Thursday, June 11, 2026

How to share AI riches: From Donald Trump to Sam Altman, the idea of redistributing them is catching on. Does it make sense?; The Economist; June 11, 2026

The Economist; How to share AI riches: From Donald Trump to Sam Altman, the idea of redistributing them is catching on. Does it make sense?

"The artificial-intelligence boom has minted vast fortunes. Jensen Huang’s stake of nearly 4% in Nvidia, the chipmaker he co-founded in 1993, is worth $175bn, up 50-fold in seven years. Anthropic’s latest funding round, which valued the ai lab at nearly $1trn, more than doubled the estimated wealth of its boss, Dario Amodei. Yet as new plutocrats gain riches, most Americans doubt the gains from ai will be widely shared. Less than one in three think the technology will make ordinary people richer."

Wednesday, January 21, 2026

Rollout of AI may need to be slowed to ‘save society’, says JP Morgan boss; The Guardian, January 21, 2026

 and  , The Guardian; Rollout of AI may need to be slowed to ‘save society’, says JP Morgan boss

"Jamie Dimon, the boss of JP Morgan, has said artificial intelligence “may go too fast for society” and cause “civil unrest” unless governments and business support displaced workers.

While advances in AI will have huge benefits, from increasing productivity to curing diseases, the technology may need to be phased in to “save society”, he said...

Jensen Huang, the chief executive of the semiconductor maker Nvidia, whose chips are used to power many AI systems, argued that labour shortages rather than mass payoffs were the threat.

Playing down fears of AI-driven job losses, Huang told the meeting in Davos that “energy’s creating jobs, the chips industry is creating jobs, the infrastructure layer is creating jobs … jobs, jobs, jobs”...

Huang also argued that AI robotics was a “once-in-a-generation” opportunity for Europe, as the region had an “incredibly strong” industrial manufacturing base."