49% Of CEOs Say Their Role Should Be Automated, But Nvidia CEO Jensen Huang Responds, 'Absolutely Not' For His Position

A 2023 survey by edX found that almost half of CEOs think most or even all of their job could be automated or replaced by AI. In fact, 49% of these top execs say they’re ready for AI to take over significant parts of their work. But Nvidia’s CEO, Jensen Huang, is far from ready to hand over his job to machines. “Absolutely not,” he said when asked if AI could replace his job.

Don't Miss:

Huang has been vocal about his views on AI, especially regarding its potential to reshape the workplace. Speaking at Nvidia’s AI Summit in Mumbai, Huang acknowledged that AI is powerful enough to handle parts of many jobs – even up to 1,000 times better. However, he made it clear that AI cannot fully replace a human worker. “As we speak, AI has no possibility of doing what we do,” Huang said. His stance is firm: AI can assist, but it can’t replace.

The edX survey revealed a disconnect between workers and executives regarding AI’s potential impact. While many CEOs are open to automating a significant chunk of their jobs, only 20% of workers believe the same about their roles. There's a noticeable gap in expectations. And Huang, unlike almost half of his peers, isn't one of those executives volunteering their jobs to automation.

Trending: This Adobe-backed AI marketing startup went from a $5 to $85 million valuation working with brands like L'Oréal, Hasbro, and Sweetgreen in just three years – here's how there's an opportunity to invest at $1,000 for only $0.50/share today.

Huang doesn't deny AI’s ability to help workers become more efficient. He sees AI as an “assistant” that can take on 20-50% of certain tasks, allowing humans to focus on the rest. “The person who uses AI to automate that 20% is going to take your job,” he said, stressing the importance of learning to leverage these tools.

According to a Goldman Sachs estimate, up to 300 million jobs could be replaced by AI, especially in administrative and related fields. Huang and other experts, however, argue that collaborating with AI is the bigger picture, as integrating AI in our roles could improve productivity without making human workers obsolete.

See Also: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — you can become an investor for $0.80 per share today.

The survey also showed that many executives know how unprepared their companies are for this AI-driven future. Nearly half of C-suite executives think that the skills their workforce possesses now won’t be relevant in a few years and more than three-quarters stated AI is upending their business plan. 87% said they are struggling to find talent with AI skills. Huang, however, doesn't seem overly worried – at least regarding his job.

Read Next:

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!