Speaking at the World Economic Forum in Davos, Huang noted that Europe’s strong manufacturing base positions the region to move into a new stage of development by combining industry and artificial intelligence. The next step should be the expansion of robotics and so-called physical AI.
Huang emphasized that the current wave of AI investment is the largest infrastructure development in history and is already driving job growth in the real economy.
“This is the largest infrastructure construction in human history. This will create many jobs, and it is especially noteworthy that these jobs are tied to skilled trades such as electricians, plumbers, construction and steel workers, network technicians, and professionals responsible for equipment installation and maintenance,” Huang said.
The Nvidia chief also said that the US is already experiencing wage increases and labor shortages in these sectors, and believes that with enough investment in energy supplies and infrastructure, this could become a reference point for Europe.
Earlier, Donald Trump also spoke at the World Economic Forum in Davos, touching on global economic issues, energy cooperation, Greenland, and the conflict in Ukraine.
