On an episode of the Hill & Valley Forum podcast this week, Nvidia CEO Jensen Huang mentioned that AI has introduced new life to San Francisco.
It is welcome information, contemplating that, since 2019, the story has been about San Francisco’s decline, each in population and in businesses. Enterprise Insider experiences that as many as 89,000 households left San Francisco in the course of the pandemic, and main companies like Palantir and Oracle additionally deserted the once bustling tech hub.
Main retailers, together with Nordstrom, shuttered their downtown locations, and sunny cities like Austin and Miami grew to become the brand new scorching locations to determine an HQ.
However then got here the AI increase.
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The recognition of ChatGPT because it was launched in late 2022 has led to an AI innovation wave, and San Francisco is seeing the advantages, Huang famous.
“It is due to AI that San Francisco is again,” Huang mentioned on the podcast.
“Okay, anyone who lives in San Francisco, you will know what I am speaking about. Nearly everyone evacuated San Francisco,” he added. “Now it is thriving once more. It is all due to AI.”
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In relation to AI taking jobs from humans, Huang mentioned that whereas roles could also be misplaced, others will probably be created.
“New jobs will probably be created, some jobs will probably be misplaced, each job will probably be modified,” he mentioned.
Huang says that AI creates a “new sort” of job. And will help carry again cities, apparently.
“It is software program growth however completed otherwise,” he mentioned.
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