Jensen Huang, CEO of Nvidia Corp, is optimistic about the future of artificial intelligence (AI) development and believes that the cost of developing AI will remain well below $7 trillion, despite reports suggesting otherwise. He attributes his confidence to advancements in computing over the next few years, which he predicts will significantly reduce the total amount needed for AI development.
Huang spoke at the World Government Summit in Dubai and emphasized that simply buying more computers is not enough. Instead, it’s essential to anticipate that computers will become faster, reducing the overall amount required for AI development. As a leading manufacturer of AI accelerators, Huang is confident that the chip industry will continue to drive down the cost of these components as they become faster.
Huang’s optimism about the future of AI development stems from two factors: advances in computing and progress in the chip industry. He believes that these factors will play a significant role in keeping the cost of AI development manageable in the coming years.
Overall, Huang is confident that while there are challenges ahead for AI development, he believes that with continued innovation and progress in computing and chip manufacturing, these challenges can be overcome.