At the World Government Summit in Dubai, Nvidia Corp. CEO Jensen Huang expressed his optimism about the future of artificial intelligence development. Despite reports of Sam Altman raising $7 trillion for AI funding, Huang believes that the cost of developing AI will remain much lower than that amount. He attributes this belief to advancements in computing and the chip industry’s ability to drive down costs as components become faster.
Huang emphasized that while buying more computers is important, it is not the only factor to consider when it comes to AI development. Instead, he urged developers to anticipate that computers will become faster, which will reduce the overall amount required for development. As the maker of some of the most sought-after AI accelerators, Huang is confident in the chip industry’s ability to continue driving down costs as these components become faster.
Overall, Huang’s confidence in the future of AI development is rooted in both technological advancements and his optimism about the chip industry’s ability to drive down costs.