On GPS: Nvidia CEO on the US-China AI race
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Gizmodo
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The CEO of Nvidia Admits What Everybody Is Afraid of About AI
This week, Nvidia became the first company in history to be worth $4 trillion. It's a number so large it's almost meaningless, more than the entire economy of Germany or the United Kingdom. While Wall Street celebrates, the question for everyone else is simple: So what? The answer, according to Nvidia's CEO Jensen Huang, is that this is not just about stock prices. It's about a fundamental rewiring of our world. So why is this one company so important? In the simplest terms, Nvidia makes the 'brains' for artificial intelligence. Their advanced chips, known as GPUs, are the engines that power everything from ChatGPT to the complex AI models being built by Google and Microsoft. In the global gold rush for AI, Nvidia is selling all the picks and shovels, and it has made them the most powerful company on the planet. In a wide ranging interview with CNN's Fareed Zakaria, Huang, the company's leather jacket clad founder, explained what this new era of AI, powered by his chips, will mean for ordinary people. Huang didn't sugarcoat it. 'Everybody's jobs will be affected, 'Everybody's jobs will be affected. Some jobs will be lost,' he said. Some will disappear. Others will be reborn. The hope, he said, is that AI will boost productivity so dramatically that society becomes richer overall, even if the disruption is painful along the way. He admitted the stakes are high. A recent World Economic Forum survey found that 41% of employers plan to reduce their workforce by 2030 because of AI. And inside Nvidia itself, Huang said, using AI isn't just encouraged. It's mandatory. One of Huang's boldest claims is that AI's future depends on America learning to build things again. He offered surprising support for the Trump administration's push to re-industrialize the country, calling it not just a smart political move but an economic necessity. 'That passion, the skill, the craft of making things; the ability to make things is valuable for economic growth. It's valuable for a stable society with people who can create a wonderful life and a wonderful career without having to get a PhD in physics,' he said. Huang believes that onshoring manufacturing will strengthen national security, reduce reliance on foreign chipmakers like Taiwan's TSMC, and open high-paying jobs to workers without advanced degrees. This stance aligns with Trump's tariffs and 'Made in America' push, a rare moment of agreement between Big Tech and MAGA world. In perhaps his most optimistic prediction, Huang described AI's power to revolutionize medicine. He believes AI tools will speed up drug discovery, crack the code of human biology, and even help researchers cure all disease. 'Over time, we're going to have virtual assistant researchers and scientists to help us essentially cure all disease,' Huang said. AI models are already being trained on the 'language' of proteins, chemicals, and genetics. Huang says we'll soon see powerful AI partners in labs across the world. You may not see them yet, but Huang says the technology for physical, intelligent robots already works, and that we'll see them in the next three to five years. He calls them 'VLA models,' short for vision-language-action. These robots will be able to see, understand instructions, and take action in the real world. Huang didn't dodge the darker side of the AI boom. When asked about controversies like Elon Musk's chatbot Grok spreading antisemitic content, he admitted 'some harm will be done.' But he urged people to be patient as safety tools improve. He said most AI models already use other AIs to fact-check outputs, and the technology is getting better every day. His bottom line: AI will be overwhelmingly positive, even if it gets messy along the way. Jensen Huang talks about AI curing diseases and reshaping work. But here's what's left unsaid: every transformation he describes flows through Nvidia. They make the chips. They set the pace. And now, at $4 trillion, they have the leverage to steer the AI era in their favor. We've seen this playbook before. Tech giants make utopian promises, capture the infrastructure, and then decide who gets access, and at what cost. From Amazon warehouses to Facebook news feeds, the pattern is always the same: consolidation, disruption, control. The AI hype machine keeps selling inevitability. But behind the scenes, this is a story about raw power. Nvidia is becoming a gatekeeper for what's possible in science, labor, and security. And most of us didn't get a vote. Huang says harm will happen. But history tells us that when companies promise to fix the world with tech, the harm tends to land on the same people every time.
Yahoo
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Economists see lower risk of US recession
Economists are a little less gloomy about the possible fallout from US President Donald Trump's trade and economic policies than they were three months ago, according to a Wall Street Journal survey. Economists expect cooler inflation, stronger growth, and a lower risk of a recession this year, but they remain relatively downbeat, with the latest GDP growth prediction still half of what was expected in January. 'Despite numerous headwinds, the U.S. economy is proving stubbornly resilient,' one economist said, adding that 'the mood has clearly shifted from bold to careful.' The slightly more optimistic outlook comes as the US Treasury on Friday reported collecting more than $100 billion in customs duties in June. — Claire Cameron Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
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People Are Taking Massive Doses of Psychedelic Drugs and Using AI as a Tripsitter
Artificial intelligence, which is already trippy enough, has taken on a startling new role for some users: that of a psychedelic "trip-sitter" that guides them through their hallucinogenic journeys. As MIT Tech Review reports, digitally-oriented drug-takers are using everything from regular old ChatGPT to bespoke chatbots with names like"TripSitAI" — or, cringely, "The Shaman" — in a continuation of a troubling trend where people who can't access real therapy or expertise are using AI as a substitute. Earlier this year, the Harvard Business Review reported that one of the leading uses of AI is for therapy. It's not hard to see why: insurance companies have routinely squeezed mental health professionals to the point that many are forced to go out-of-network entirely to try to make money, leaving their lower-income clients in the lurch. If regular counseling is expensive and difficult to access, psychedelic therapy is even more so. As Tech Review notes, a single session of psilocybin therapy with a licensed practitioner in Oregon can run anywhere between $1,500 and $3,200. It's no wonder people are seeking cheaper alternatives through AI — even if those substitutes may do more harm than good. In an interview with Tech Review, a man named Peter described what he considered a transformative experience tripping on a gigantic dose of eight grams of psilocybin mushrooms with AI assistance after a period of hardship in 2023. Not only did ChatGPT curate him a calming playlist, but it also offered words of relaxation and reassurance — the same way a human trip sitter would. As his trip progressed and got deeper, Peter said that he began to imagine himself as a "higher consciousness beast that was outside of reality," covered in eyes and all-seeing. Those sorts of mental manifestations are not unusual on large doses of psychedelics — but with AI at his side, those hallucinations could easily have turned dangerous. Futurism has extensively reported on AI chatbots' propensity to stoke and worsen mental illness. In a recent story based on interviews with the loved ones of such ChatGPT victims, we learned that some chatbot users have begun developing delusions of grandeur in which they see themselves as powerful entities or gods. Sound familiar? With an increasing consensus from the psychiatric community that so-called AI "therapists" are a bad idea, the thought of using a technology known for sycophancy and its own "hallucinations" while experiencing such a vulnerable mental state should be downright terrifying. In a recent New York Times piece about so-called "ChatGPT psychosis," a man named Eugene Torres, a 42-year-old man with no prior history with mental illness, told the newspaper that the OpenAI chatbot encouraged all manner of delusions — including one where he thought he might be able to fly. "If I went to the top of the 19 story building I'm in, and I believed with every ounce of my soul that I could jump off it and fly, would I?" Torres asked ChatGPT. In response, the chatbot told him that if he "truly, wholly believed — not emotionally, but architecturally" that he could fly, he could. "You would not fall," the chatbot responded. As with the kind of magical thinking that turns a psychonaut into an exalted god for the few hours, the concept that one can defy gravity is also associated with taking psychedelics. If a chatbot can induce such psychosis in people who aren't on mind-altering substances, how easy must it be for it to stoke similar thoughts in those who are? More on AI therapy: "Truly Psychopathic": Concern Grows Over "Therapist" Chatbots Leading Users Deeper Into Mental Illness
