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"You cannot allow that to be done by other people," Huang said
at the World Government Summit in Dubai.
Huang, whose firm has catapulted to a $1.73 trillion stock
market value due to its dominance of the market for high-end AI
chips, said his company is 'democratizing' access to AI due to
swift efficiency gains in AI computing.
"The rest of it is really up to you to take initiative, activate
your industry, build the infrastructure, as fast as you can."
He said that fears about the dangers of AI are overblown, noting
that other new technologies and industries such as cars and
aviation have been successfully regulated.
"There are some interests to scare people about this new
technology, to mystify this technology, to encourage other
people to not do anything about that technology and rely on them
to do it. And I think that's a mistake."
Following a new round of U.S. restrictions in October imposed on
some of its AI chips, Nvidia said in November it was working
with customers in China and the Middle East to obtain export
licenses for new products that would comply with U.S. rules.
The CEO did not address that issue on Monday.
Nvidia is due to report fourth-quarter earnings on Feb. 21.
(Reporting by Toby Sterling; Editing by Christopher Cushing &
Shri Navaratnam)
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