Jensen Huang has been CEO of Nividia for over 30 years. Nvidia has the 3rd largest market cap of companies in the world, behind Apple and Microsoft. Like most successful people, what Jensen says is a little different than the mainstream …
Keynote by NVIDIA CEO Jensen Huang at 2024 SIEPR Economic Summit
- Drive marginal cost of computing to zero
- Nvidia is good at the general field of accelerated computing
- They are the standard
- Add so much value that the alternative is not about cost
- ChatGPT is not good at long thinking or planning, but they are working on that
- (when asked for advice for young people): have low expectations
- Most Standford grads have high expectations
- People with high expectations have low resilience
- resilience matters in success
- I hope suffering happens to you
- I use pain and suffering in company with great glee
- greatness is not intelligence
- greatness comes from character, and character is not formed out of smart people, it’s formed out of people who have suffered.
- How do you keep employees motivated
- direct reports is 55 people
- I write no reviews, but I give them constant reviews, and they do the same for me.
- I don’t do one-on-ones with anyone unless they need me. (and he drops everything when they need him)
- They never hear me say something to them that is only for them to know.
- There is not one piece of information that I secretly tell the staff that I don’t tell the rest of the company.
- In that way, our company was designed for agility, for information to flow as quickly as possible, for people to be empowered by that they are able to do, not what they know.
- That’s the architecture of our company.
- The answer is my behavior – how do I celebrate success, how do I celebrate failure …
- Why the leather jacket?
- This is what my wife bought for me and this is what I’m wearing.
- What semiconductor resources will be needed in the future?
- I’m horrible at forecasting but good at first principle reasoning about the size of the opportunity.
- Today 100% of content is pre-recorded
- In the future, 100% of the content will be generative.
- I’m horrible at forecasting but good at first principle reasoning about the size of the opportunity.
- 100% of the computer infrastructure will be changed.
- Recently you encouraged students not to learn to code.
- (not exactly what he meant – we will still need people to write code)
- You’ll tell the computer what you want.
- Prompt engineering
- Close the technology divide of humanity
- today 10M people can program computers
- in the future, everyone can program computers
- Last question is about building on platform.