Nvidia’s Jensen Says AI Won’t Kill Jobs. Data Says Otherwise

AI is causing more software engineers to be hired, insists Huang even as Q1 2026 saw over 100,000 tech jobs slashed.

June 1, 2026 10:02 PM IST | Written by Supriya Singh | Edited by Vaibhav Jha

Even as Q1 of 2026 saw over 100,000 lay-offs in tech/AI companies, with a majority of them directly attributed to AI by their employers,Nvidia CEO Jensen Huang has insisted that fears related to AI led “job apocalypse” are “complete nonsense.”

Addressing the audience at the Computex 2026 Conference in Taipei, Taiwan on Monday, Huang said that jobs are actually increasing due to AI.

“The number of software engineers is actually increasing. People talking about AI reducing jobs is nonsense. It’s causing more software engineers to be hired and the reason for that is very simple. If you can hire a software engineer and you can generate $9 trillion worth of productive work, why wouldn’t you want to hire more software engineers?” questioned Huang.

NVIDIA CEO Jensen Huang gathered with MGX ecosystem partners to celebrate the companies helping build the AI factories that drive innovation across industries.
Jensen made it clear: We can’t realize our dreams without them. pic.twitter.com/WgI0NowlZz
— NVIDIA Newsroom (@nvidianewsroom) May 29, 2026

The statement from Huang has come amid the recent news of mass layoffs at Meta, Cloudflare and Oracle. Recently, Meta laid off 10% of its workforce globally and transferred 7,000 other employees to new initiatives related to AI workflows. Cloudflare, a U.S. based cloud infrastructure and cybersecurity company laid off 1100 people, more than 20% of their staff strength. While Oracle axed up to 30,000 employees globally.

Major companies across the world have announced layoffs in the last several months, claiming that they are making heavy investments in the adoption of artificial intelligence. In just the first three months of 2026, more than 80,000 people have lost their jobs across the global tech industry with almost 50% of them directly attributed to artificial intelligence (AI), reveals a new report by Trading Platforms.

Over 47% of the job lay offs have been attributed to AI and as per the report, if this pace continues, 2026 could close with roughly 301,471 job losses, much higher than the 2025 figures of 245,000.

Also Read: Altman Says AI Hasn’t Killed Jobs Yet, Even as Tech Bleeds 100K

Authors

Supriya Singh
Supriya Singh is a Reporter at AI FrontPage covering the AI & Education and AI & Jobs beats. She brings six years of print and digital experience, including three years at The Asian Age, where she reported on higher education, Delhi government, and crime. She is based in Delhi-NCR.
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Vaibhav Jha
Vaibhav Jha is an Editor and Co-founder of AI FrontPage. In his decade long career in journalism, Vaibhav has reported for publications including The Indian Express, Hindustan Times, and The New York Times, covering the intersection of technology, policy, and society. Outside work, he’s usually trying to persuade people to watch Anurag Kashyap films.
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