Nvidia CEO Jensen Huang stated during an All-In podcast appearance with venture capitalist Chamath Palihapitiya that AI will create more millionaires in five years than the internet did in twenty, positioning AI as a technology equalizer. Huang clarified that AI makes everyone a programmer, removing traditional coding language barriers, and that individuals can now communicate directly with AI.
🚨Nvidia CEO Jensen Huang: “ I’ve created more billionaires on my management team than any CEO in the world.”
Chamath:
“We see this capital being applied to human capital in a way that we never thought was possible.”
“It used to be NBA players signing $300M contracts, now it’s… pic.twitter.com/Ptr6trgRGs
— The All-In Podcast (@theallinpod) July 24, 2025
Huang asserted that AI fosters job creation by enabling individuals to produce goods and services that drive economic growth. He warned that those not utilizing AI risk job displacement by individuals with AI knowledge. Huang also predicted a future where every nation operates both physical and digital factories, citing Tesla’s dual operations in car manufacturing and AI development.
Jensen Huang says no to lasers on GPUs for now
In related remarks, Huang discussed the impact of small, focused AI research teams. He stated, “I’ve created more billionaires on my management team than any CEO in the world. They’re doing just fine. Don’t feel sad for anybody at my layer.” This was in response to a query regarding the value of smaller AI teams. He highlighted the significant impact possible from approximately 150 AI researchers with sufficient funding, referencing OpenAI and China’s DeepSeek as examples of organizations that began with similar team sizes.