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AI Will Create More Millionaires Than the Internet, Says Nvidia CEO

Jensen Huang

Jensen Huang, CEO of Nvidia, has declared artificial intelligence (AI) the “greatest equalizer of our time,” predicting it will generate more millionaires in the next five years than the internet did in two decades.

Speaking on the All-In podcast on July 25, 2025, Huang emphasized AI’s potential to democratize wealth creation by enabling anyone to become a programmer, artist, or author without traditional technical skills.

Huang, whose company leads the AI chip market, said AI removes barriers to innovation, allowing small teams to create billions in value.

He cited examples like OpenAI and DeepSeek, where teams of about 150 researchers have produced economic impacts worth $20–30 billion, roughly $200 million per person. Nvidia plans to manufacture $500 billion worth of AI supercomputers in Arizona and Texas over the next four years, fueling industries and job growth.

However, Huang warned that those who do not adopt AI risk losing jobs to AI-savvy competitors. He envisions companies running dual factories—one for physical products and another for AI systems—transforming industries like manufacturing and healthcare. Social media reactions on X praised Huang’s vision but raised concerns about job displacement and wealth concentration.

The prediction comes as Nvidia’s market value exceeds $4 trillion, driven by demand for its AI chips. Huang’s comments highlight AI’s transformative power while underscoring the need for rapid adaptation to avoid economic disruption.

Sazid Kabir

I've loved music and writing all my life. That's why I started this blog. In my spare time, I make music and run this blog for fellow music fans.