Nvidia CEO Jensen Huang believes that artificial intelligence will generate more millionaires in the next five years than the internet did over the past two decades. Speaking on the All In podcast hosted by American venture capitalist Chamath Palihapitiya, Huang was joined by Chase Lochmiller and James Latinsky, where he shared his thoughts on the transformative power of AI.
As the head of a trillion-dollar tech company at the center of the AI boom, Huang is closely connected to the future plans of major AI companies. With early insights into the work of industry leaders like Mark Zuckerberg, Elon Musk, and Sam Altman, Huang said AI is set to reshape the global economy faster than many expect.
He said he is not concerned about AI taking away jobs but is more worried that the world is not moving quickly enough to create new ones. “AI in my case is creating jobs; it causes people to create things that other people would like to buy. It drives more growth, more jobs, and all that goes together. AI is the greatest technology equaliser of all time,” said Huang.
Explaining why he believes AI is a “great equaliser,” Huang said that everyone can now be a programmer. Previously, programming required learning complex languages like Python or C++, but now people can simply interact with AI to bring their ideas to life. He added, “Everybody is an artist now; everybody is an author now.” According to Huang, those who do not use AI will risk losing their jobs to people who do.
Huang also predicted that every company in the future will run two kinds of factories—one for producing their main product and another to develop the AI that supports it. He gave the example of Tesla, which operates both car manufacturing and AI development units. He added that this trend will spread beyond tech and into every industrial sector.
On the infrastructure side, Huang said that Nvidia will produce AI supercomputers worth nearly half a trillion dollars in Arizona and Texas over the next four years, which will contribute to trillions in value for the AI industry.
He also shared that teams of just 150 researchers at companies like DeepSeek or OpenAI are creating $20 to $30 billion in value, meaning each person is generating nearly $200 million. Huang called this kind of impact “unmatched in any other industry.”
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