In a detailed blog post this week, Nvidia founder and CEO Jensen Huang pushed back against widespread fears of AI-driven job losses, framing the technology's rise as a historic generator of physical infrastructure and skilled labor. Huang described AI as becoming fundamental, akin to electricity, and argued the supporting facilities represent "the largest infrastructure buildout in human history." "We are a few hundred billion dollars into it. Trillions of dollars of infrastructure still need to be built," Huang wrote. "The labor required to support this buildout is enormous." He listed electricians, plumbers, steelworkers, and network technicians as among the high-demand, well-paid roles needed to construct and maintain AI data centers. Nvidia, whose chips are central to this boom, has seen its valuation skyrocket alongside the AI surge. The company's perspective comes as other firms, including Block and Pinterest, have cited AI efficiencies while announcing layoffs. Analysts at Goldman Sachs recently noted AI's impact on employment has been "visible but moderate," contributing to a slight projected rise in the U.S. unemployment rate. Huang conceptualized the ecosystem as a "five-layer cake" of energy, chips, infrastructure, AI models, and applications. He stressed that because AI generates intelligence rather than simply retrieving stored data, its supporting infrastructure requires a wholesale reinvention. "Much of the infrastructure does not yet exist. Much of the workforce has not yet been trained," he stated, emphasizing the scale and breadth of the coming buildout. His conclusion was sweeping: "Every company will use AI. Every nation will build it."

Source: CoinTelegraph