ArmInfo. Artificial intelligence will enable developing countries to close the technological gap with developed countries, predicts Jensen Huang, CEO of Nvidia Corp.
"AI will definitely close the technology gap," he said at the World Economic Forum (WEF) in Davos, noting the technology's accessibility and ubiquity.
He described AI as a "five-layer cake" consisting of energy, chips and computing infrastructure, cloud data centers, AI models, and applications. Each layer must be built and operated, leading to job creation across the economy—from energy and construction to advanced manufacturing, cloud operations, and application development, the top executive said.
He also called AI the foundation of "the largest infrastructure construction project in human history," which will continue in the coming months. He believes AI is vital national infrastructure, and every country should treat it like electricity and roads. "AI should be part of your infrastructure," Huang emphasized.
However, the Nvidia CEO believes that technology is unlikely to lead to job losses. On the contrary, it increases demand in fields such as radiology and helps with administrative work in areas with labor shortages, such as nursing.
AI allows radiologists to analyze images "infinitely quickly" and, as a result, spend more time with patients. And because they can see more patients, demand for such specialists has increased, Huang said.
Furthermore, he noted Europe's manufacturing and industrial potential as one of its key advantages and urged countries to combine this potential with artificial intelligence to develop robotics and physical AI.
"Robotics is a once-in-a-generation opportunity," the top executive said. He noted that this is especially true for countries with a developed industrial base.
Huang also emphasized that last year was a record for global venture capital investment, exceeding $100 billion, with the bulk going to AI-native startups.
