Nvidia CEO Jensen Huang drops bold prediction: AI will make more millionaires in 5 years than the Internet did in 20
has made a bold prediction: artificial intelligence will generate more
millionaires
in just five years than the internet did in two decades. Speaking on the All In podcast, Huang argued that AI is not just a transformative technology but a historic equalizer, lowering the barriers to innovation and empowering creators, developers, and businesses at an unprecedented scale. As the leader of Nvidia, the trillion-dollar company powering the AI boom, Huang offered insider insight into how quickly the field is moving, suggesting that those who embrace AI will thrive, while those who ignore it risk falling behind. 'Everybody is an artist now. Everybody is an author,' Huang emphasized, declaring that the age of universal creativity has arrived.
Jensen Huang: AI's economic disruption will outpace the internet boom in speed, scale, and opportunity
According to Huang, AI isn't replacing jobs—it's spawning entirely new industries. He believes that AI's ability to streamline product development and eliminate complex technical barriers is enabling individuals and businesses to unlock enormous value. 'AI causes people to create things that others would like to buy,' he said, positioning AI as the greatest technology equalizer of all time. In his view, this transformative shift will be even more explosive than the internet revolution.
He further explained how AI collapses the boundary between creative thinking and technical execution. Where programming once required fluency in complex coding languages like C++ or Python, today, interacting with AI through natural language is enough to build, create, and innovate. 'Every creative is becoming technical, and every technical is becoming more creative,' Huang said, describing this new fusion of skills as a game changer for the global workforce.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Villas For Sale in Dubai Might Surprise You
Villas in Dubai | Search Ads
Get Info
Undo
Why companies of the future will need two factories—one for products and one for AI
In Huang's vision of the future, every company—whether in tech, manufacturing, or services—will operate two parallel engines of productivity. One will focus on traditional output such as goods or services, while the other will focus entirely on AI development. He pointed to Tesla as a leading example of this dual-model approach, with one infrastructure dedicated to car manufacturing and another to building AI systems that power autonomous driving and smart operations.
This AI-driven layer will not be limited to Silicon Valley giants. Huang believes it will become essential for every business seeking to stay competitive in a world increasingly defined by automation, predictive analytics, and digital intelligence.
The $500 billion infrastructure race to power the next AI revolution
To support this future, Nvidia is building a massive backbone of AI infrastructure. Huang revealed that the company plans to manufacture around $500 billion worth of AI supercomputers in Arizona and Texas over the next four years. These systems, he said, will serve as the engines of the AI economy, enabling trillions of dollars in industry-wide value creation.
He also pointed out the extraordinary efficiency of small, highly skilled AI teams. At labs like OpenAI or DeepSeek, a team of just 150 researchers is capable of creating up to $30 billion in value—roughly $200 million per person. According to Huang, no previous industry has ever demonstrated this kind of productivity leverage.
Adapt or be left behind: why knowing AI is no longer optional
In what may be his most urgent warning, Huang emphasized that AI proficiency is now a necessity. Those who fail to incorporate AI into their workflow or business model, he cautioned, are at risk of being replaced by those who do. 'Anybody who is not using AI is going to lose their job to someone who does,' he said.
For Huang, the message is simple: artificial intelligence isn't just an opportunity for innovation and wealth—it's the new baseline for survival in the modern economy.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
29 minutes ago
- Time of India
‘Far from dead': Economy that Trump buried ‘outpaces' US
1 2 Ludhiana: Indian business leaders have pushed back firmly against US President Donald Trump's recent remarks describing the Indian and Russian economies as "dead", calling the claim baseless and out of step with the country's economic trajectory. The resilient economy politely declines to attend its own funeral, and the critic must answer: "If we're dead, who's eating all the global market share?" Industrialists from Ludhiana, one of the country's leading manufacturing hubs, said on Sunday that while US tariff hikes may temporarily affect some sectors, the Indian economy remains vibrant, resilient, and driven by robust domestic demand. "India can never be a dead economy — our population and internal demand alone ensure that," said Ashpreet Singh Sahni, managing director of Sehaj Solutions and former chairman of the Confederation of Indian Industry's Ludhiana chapter. "Yes, tariffs may slow us down for a year or two, but we'll bounce back stronger." Sahni, who was in the US when the new tariff regime was announced, said American manufacturers were also feeling the pinch. "There's nervousness on both sides. US companies look actively for alternatives to China, and India is high on their list. I believe the US will have to reconsider these tariffs, eventually." Upkar Singh Ahuja, president of the Chamber of Industrial and Commercial Undertakings (CICU), echoed the sentiment, arguing that India's global reputation was rising. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Ask A Pro: "I'm 70 with $1.4M in IRAs. Should I convert $120K/Year to a Roth?" SmartAsset Undo "During my visit to Europe, I saw firsthand the interest in Indian goods. Yes, IT and pharma may face short-term pressure, but they're already exploring new, tariff-friendly markets." Ahuja warned that Washington's protectionist stance could have unintended consequences. "Such tariffs are inflationary. They may backfire on the US economy itself. In the long term, it's not sustainable." Pankaj Sharma, president of the Association of Trade and Industrial Undertakings (ATIU), said India should seize the moment. "This is a time to turn adversity into opportunity. The tariffs aren't India-specific — they affect many countries. Our govt should ramp up support for manufacturing and help Indian firms enter new global markets." He called for stronger policy support, including incentives to help exporters tap into emerging economies and underserved regions. "The Indian economy is not just surviving — it's adapting. And that's the hallmark of a living, breathing market." The remarks come as global economic tensions continue to rise, with supply chains still reeling from pandemic aftershocks and shifting geopolitical alignments. Indian industry, local leaders say, is determined not to be left behind. Get the latest lifestyle updates on Times of India, along with Friendship Day wishes , messages and quotes !
Time of India
29 minutes ago
- Time of India
UGC warns colleges against unapproved foreign collaborations
Hyderabad: Even as many colleges are signing collaborative agreements with foreign institutions to offer degree programmes, University Grants Commission (UGC) has made it clear that these degrees will not be recognised unless they have approval from the commission. The commission also said that action will be taken against all defaulting higher educational institutions (HEIs) and EdTech companies for offering such courses — twinning programmes, dual degree programmes, and joint degrees — without required approvals. "It has been observed that many HEIs or colleges have entered into collaborative agreements or arrangements with foreign-based educational institutions or providers not recognised by the commission and have been facilitating the issuance of degrees to the students enrolled in those institutions from such foreign-based educational institutions," UGC said in a circular. "Students are advised to exercise due caution and are made aware that such courses, programmes, and degrees do not have UGC recognition and that they will be doing so at their own risk and consequences," it added. Faculty working in technical colleges in the state said that even in Telangana, many colleges were signing agreements with institutions abroad, but hardly anyone was seeking approval before announcing such programmes. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like TV providers are furious: this gadget gives you access to all channels Techno Mag Learn More Undo "The recent notices to ed-tech companies clearly show that many are offering programmes without required approval. Here, students are suffering as they are joining in programmes assuming that they are recognised," Telangana Schools Technical Colleges Employees Association president A Santosh Kumar said. You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad Telangana Council of Higher Education (TGCHE) officials said that no college should announce any collaborations without following due procedures. "Many colleges are signing MoUs and offering various programmes. However, before making official announcements, they should follow due procedure and get required permissions or approvals," TGCHE chairman V Balakista Reddy said. He said that more than colleges from Telangana, those in the NCR region, Maharashtra and Karnataka, were the ones violating norms and offering courses. Get the latest lifestyle updates on Times of India, along with Friendship Day wishes , messages and quotes !
Time of India
29 minutes ago
- Time of India
High Court stays YEIDA order to cancel land allotted to company over Rs 118 crore dues
Noida: Allahabad high court's Lucknow bench has restrained the Yamuna Expressway Industrial Development Authority (YEIDA) from cancelling the land allotment of Greenbay Infrastructure for its 100-acre township project in Sector 22D. YEIDA has been restrained from cancellation until the company's two revision applications before the state govt — seeking relief under the "zero period" policy due to non-possession of 30–35% of the land — are disposed of. The zero period policy refers to a period during which developers are granted relief from interest and penalties on land dues for stalled projects. You Can Also Check: Noida AQI | Weather in Noida | Bank Holidays in Noida | Public Holidays in Noida The court's interim order came on July 30, just a day before YEIDA's July 31 deadline for the builder to pay Rs 118 crore in pending dues or face cancellation of the land parcel. Justice Pankaj Bhatia, who heard the matter, directed that no coercive action be taken based on YEIDA's July 8 plot cancellation notice. Since the realtor filed a revision application before the state govt in Jan, the court observed that while the issue remains under review, YEIDA cannot cancel the land allotment. The court instructed the state govt to decide on the interim relief application within 10 days and complete proceedings on the revision application filed by Greenbay within four weeks. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Access all TV channels anywhere, anytime Techno Mag Learn More Undo Greenbay said it has so far deposited Rs 60 crore out of the Rs 118 crore and has sought "zero period" relief from the date of allotment till now, citing incomplete land possession and stalled construction due to farmers' unwillingness to vacate around one-third of the land. The dispute stems from a prolonged standoff between the developer and YEIDA. The land was allotted to Greenbay in Feb 2011, with a lease deed executed in March 2012. In Jan 2014, Greenbay subleased a portion of the land to Emerald Properties for a group housing society. The company later launched the Golf Village township project, comprising 691 plots. However, the developer said it could not take possession of two-thirds of the land until 2019 and about one-third still remains outside its control. According to YEIDA officials, the latest ultimatum followed repeated defaults by the developer under the UP govt's "legacy stalled projects" policy introduced on Dec 21, 2023, which aims to revive long-pending housing projects and ensure timely possession for homebuyers. After the developer gave its consent, the dues were recalculated to Rs 441 crore, of which Greenbay was required to pay 25% (Rs 110 crore) by April 28, 2024. After it deposited the 25% amount, YEIDA in July 2024 issued a revised payment schedule for the remaining 75% dues. The Authority further revised this schedule a month later when the developer requested a recalculation of the amount with 10% simple interest and inclusion of Rs 2.4 crore in unpaid lease rent from 2021. Under the new payment schedule, the first instalment was due on Jan 15 and the last by July 15, 2026. Based on the initial amount paid, YEIDA allowed the developer to proceed with tripartite sublease registrations for proportionate land areas. In Oct 2024, Greenbay requested another extension for paying the remaining dues, citing continued difficulty in obtaining full physical possession of the plot. The company claimed that about 30% of the land remained under cultivation by farmers, preventing access. Taking this into account, YEIDA granted a three-month extension in Nov 2024, pushing the deadline from Jan 15 to April 15, 2025. However, Greenbay again failed to meet the extended deadline of April 15, 2025. Instead of clearing dues, it submitted a letter on April 15 seeking permission to sublease a 4,330-square metre commercial plot within the township and requested another revision of its payment schedule. During a board meeting on June 18, YEIDA issued a final deadline of June 30, asking Greenbay to deposit around Rs 118 crore or face cancellation of its township project in Sector later extended the deadline by one month, giving Greenbay until July 31 to clear the dues. In a letter dated July 8, the Authority made it clear this was the final ultimatum. The company said it has deposited Rs 60 crore and plans to pay the remaining amount, but it wants its grievances to be heard. Project director of the company Amit Kumar Sharma said, "To fulfil these financial transactions, we need immediate permission to proceed with the sublease of the commercial plot. This authorisation is critical for us to take the necessary steps towards fulfilling our payment obligations. Should we fail to adhere to the agreed timeline for payment, we accept that the sublease may be cancelled without any objection on our part. " Get the latest lifestyle updates on Times of India, along with Friendship Day wishes , messages and quotes !
