Speaking on the popular Joe Rogan podcast, Nvidia (NVDA) CEO Jensen Huang said that the “AI race is real” and winners and losers will emerge in coming years.
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In a lengthy interview on “The Joe Rogan Experience,” Huang stressed that he doesn’t think the artificial intelligence (AI) race will be decided with a single breakthrough. “We’ve always been in a tech race with someone,” said Huang, likening today’s AI battle to the Manhattan Project that developed the Atomic Bomb during World War II.
But rather than a sudden, decisive finish line with AI, the technology is likely to advance incrementally and in waves over many years. Huang said that continuous gains can be easy to miss in the moment but become obvious with the passage of time.
A Hundred Times More Capable
The Nvidia CEO also said that AI applications and models have become 100 times more capable over the last two years, a rate of progress that has fueled worries about autonomous weapons and machines operating beyond human control.
However, Huang says he isn’t worried as most of the momentum with AI is flowing into functionality and safety, making systems more reliable, more useful, and less error-prone. He also defended the U.S. military’s role in AI development, saying that defense involvement can normalize the technology’s place in national security.
Huang concluded the interview by saying that history is full of periods when society worried about new inventions, only to adapt once the technology became mature and regulated.
Is NVDA Stock a Buy?
The stock of Nvidia has a consensus Strong Buy rating among 41 Wall Street analysts. That rating is based on 39 Buy, one Hold, and one Sell recommendations issued in the past three months. The average NVDA price target of $258.10 implies 43.72% upside from current levels.
