Nvidia CEO Urgent Warning To Those Resisting AI
On November 30, 2022, when startup OpenAI unveiled ChatGPT, a conversational chatbot, the public still didn’t really know the extent of advances in artificial intelligence (AI) in recent years.
Many cars today are equipped with technology that allows them to perform many operations on their own, but consumers often do not associate these developments with advances in AI. Similarly, they didn’t believe artificial intelligence was making great strides despite the introduction of voice assistants like Siri and Alexa into their daily lives. ChatGPT has removed this veil that has obscured the world from seeing AI in its true light.
Chatbots have certainly taken the world by storm. ChatGPT has changed the perception of Internet searches by providing human-like responses to even the most complex requests. Chatbots have shown that artificial intelligence has reached a stage where technology can perform certain tasks much better than humans.
microsoft (MSFTMore)- Get Free ReportIt quickly incorporated ChatGPT’s functionality into its search engine, Bing. A group in Redmond, Washington, has also introduced these features into nearly all of its products and cloud activities.
The big change is that when a consumer submits a query using Microsoft’s Bing, it returns the exact answer to the question instead of the current collection of links. In the past, users had to skim through links and click on the ones that were most likely to answer the question posed. Chatbots can also perform very complex tasks, for example writing a book.
Companies that hold back will perish: Mr. Huang
Faced with this offensive, Alphabet’s Google (Google)- Get Free Report It recently launched Bard, a ChatGPT competitor. Beyond these two giants of his, nearly every technology group and many platforms are developing their own AI platforms and tools.meta platform (meta)- Get Free Report, Facebook, Instagram, WhatsApp’s parent company, Amazon, and Apple, they’re all launching in desperate competition. This applies to all industries. From cars to finance to fashion, AI is everywhere.
The AI revolution, powered by so-called large-scale language model technology, is shaking up almost every economic sector. It is believed that AI will dramatically reduce enterprise costs, create jobs that didn’t exist, and eliminate many existing jobs.
It was in this context that Nvidia CEO and co-founder Jen-Shun Huang gave a commencement speech at the National Taiwan University in Taipei on May 28.
Huang frankly said that companies and people who are interested in AI and don’t want to learn about it will become obsolete. For him, this revolutionary technology transforms business and almost every job. Therefore, there is an urgent need for both individuals and businesses to adopt this technology, which is driving up his Nvidia stock price.
According to an excerpt of a speech reported by Bloomberg News, Mr. Huang told graduates, “Agile companies will leverage AI and rise in rank. Those that don’t will perish.” “Some people worry that AI will take their jobs, but AI experts will.”
“Please enter if you are running for food or running away from becoming food”
He encouraged new graduate students to take risks and be creative if they don’t want to keep up with the AI age.
“In 40 years we have created the era of PC, internet, mobile, cloud and AI. What will you build?” he challenged them. “Whatever it is, run after it like we do. Don’t walk.”
“Either you are running for food, or you are running away from being food.”
Nvidia (NVDA)- Get Free Report, his company is definitely running. Shares are up 27.5% in two rounds of trading after the company’s first-quarter earnings report on May 24. This dramatic leap brings the company closer to a select group of companies with a market cap of over $1 trillion. Only 5 companies in the world – Apple (AAPL)- Get Free ReportMicrosoft, Saudi Aramco, Alphabet, Amazon (AMZN)- Get Free ReportAccording to Companiesmarketcap.com — they are part of this elite club. NVIDIA has market capitalization With final sales of over $963 billion, it is the sixth largest company in the world.
The company leverages its special position in the AI ecosystem. In fact, the company’s graphics cards are used to train and develop AI systems through machine learning and deep learning programs. AI companies need his Nvidia GPUs for high-performance computing inside their data centers.
https://www.thestreet.com/technology/nvidias-ceo-has-an-urgent-warning-for-anyone-resisting-ai Nvidia CEO Urgent Warning To Those Resisting AI