2025 was not the year labor economists hoped for. Last year was the worst year of non-recession job growth since 2003. Tariffs, tighter immigration, and economic uncertainty have all played a role—and artificial intelligence has become an easy scapegoat. But Nvidia CEO Jensen Huang doesn’t see AI as the villain behind today’s job market woes.
Instead, he views the current slowdown as a period of adjustment—growing pains before a more productive and ultimately more prosperous economy takes shape.
