Nvidia's second GTC of the year took place in Taipei, Taiwan this week, with CEO Jensen Huang repeatedly assuring that "useful AI" (read: AI that makes a return on investment) has arrived. As for AI's wider-ranging effects on the economy, Huang expressed some scepticism on stage.
"People talk about AI reducing jobs—complete nonsense," Huang said during his on-stage presentation. "It's causing more software engineers to be hired, and the reason for that is very simple. If you can hire a software engineer and you could generate $9 trillion worth of productive work, why wouldn't you want to hire more software engineers?"
