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Nvidia CEO talks AI boom, addresses concerns about technology replacing workers [Video]

In an exclusive interview on FOX Business, Nvidia founder, CEO and President Jensen Huang expanded on “the big idea” behind the artificial intelligence (AI) boom, what it means for human jobs and the company’s plan to ramp up its chip production.

“AI can do a lot of our tasks, but they can’t do 100% of our jobs. That’s the big idea,” Huang told “The Claman Countdown” host Liz Claman on Thursday.

“The idea that AI would somehow do 100% of somebody’s job is very, very unlikely and, quite frankly, impractical for any time in the horizon,” he continued. “What is very likely is that AI will do 20, 30, 40% of 100% of the jobs in the world.”

It’s been a year of wins for the tech-based “Magnificent 7” stock as their market cap currently sits at $3.5 trillion — the largest of any U.S. company. Nvidia shares have gained about 200% this year. The company’s rapid …

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Small Business Ideas

Likelihood of Trump abuse draws opponents to bill that would facilitate shutting down non-profits [Video]

Rachel Maddow reports on the return of a bill that would make it possible to punish a non-profit organization by labeling them as being in support of terrorism. While many lawmakers were ok with the idea initially, the return of Donald Trump to the White House is causing second thoughts about how the law could be abused by someone looking to eliminate opposition to their power.