CEO Jensen Huang dismissed fears that artificial intelligence will replace software and related tools, calling the idea “illogical”, after a significant selloff in global software stocks on Tuesday. The selloff, partly sparked by AI developer Anthropic’s updated chatbot release last week that heightened fears of AI-driven disruption in the data and professional services industry, broadened on Wednesday, hitting software stocks in India, Japan and China.
There’s this notion that the tool in the software industry is in decline, and will be replaced by AI … It is the most illogical thing in the world, and time will prove itself,” Huang said.
“If you were a human or robot, artificial, general robotics, would you use tools or reinvent tools? The answer, obviously, is to use tools … That’s why the latest breakthroughs in AI are about tool use, because the tools are designed to be explicit.”
