In an episode of the Podcast of the Hill & Valley forum this week, the CEO of Nvidia, Jensen Huang, said that AI has brought a new life to San Francisco.
It is welcome news, taking into account that, since 2019, the story has been about the decline of San Francisco, both in population and in business. Business intern He informs that up to 89,000 homes left the San Francisco Pandemia, and the main companies such as Palantir and Oracle also left the bustling technological center.
The main retailers, including Nordstrom, closed their locations in the center, and the sunny cities like Austin and Miami became the new hot places to establish a headquarters.
But then the AI tree came.
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The popularity of Chatgpt since it was launched at the end of 2022 has led to an innovation wave of AI, and San Francisco is seeing the benefits, Huang said.
“It’s why San Francisco has returned,” Huang said in the podcast.
“It’s fine, anyone living in San Francisco, you will know what I am talking about. Almost all evacuated San Francisco,” he added. “Now he is thriving again. Everything is because Ai.”
Related: Here is how much a typical Nvidia employee earns in a year
https://www.youtube.com/watch?v=nkhrenuzi20
When it comes to humans, Huang said that while roles can be lost, others will be created.
“New jobs will be created, some jobs will be lost, each job will change,” he said.
Huang says that AI creates a “new guy” or work. And it can help bring cities, apparently.
“It’s software development but done in a different way,” he said.
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