News of July 29thNvidia CEO Jen-Hsun HuangI don't agree with the so-called “white-collar massacre”. In his speech at the Y Combinator School of Entrepreneurship, Huang In-hoon responded to the outside world AI All the pessimistic predictions. He stressed that a distinction should be made between “tasks” and “jobs”, and AI eliminated the former and not the latter。
“EACH JOB WILL CHANGE, AND AT THE SAME TIME A LOT OF NEW JOBS WILL BE CREATED.” WONG IN-HOON SAID, "CONCEPTS THAT AI WILL DESTROY THE NARRATIVE OF THE JOB, AND THAT'S EXACTLY THE OPPOSITE."
Hwang In-hoon gave the example of a “task”: some of the visitors were responsible for answering telephone calls, handling complaints and responding on the basis of information in the database. “This task will be replaced by automation.” He said。
In fact, customer services have been one of the most vulnerable industries in AI. Just last week, Uber cut off about 101 TP3T's passenger staff for AI technology。
However, Wong In-hoon believes that the mandate is not equivalent to work. “The reason is that a job has its raison d'être, which usually includes many different tasks.”
HE TOOK THE EXAMPLE OF A RADIOLOGIST, WHO SAID THAT AI HAD BEEN ABLE TO AUTOMATICALLY PERFORM THE "MISSION" OF A MEDICAL VIDEO. ALTHOUGH THE AI RADIOIMAGE TOOL IS VERY MATURE AND POPULAR, THIS DOES NOT MEAN THAT RADIOLOGISTS NO LONGER READ THE FILM. ON THE CONTRARY, THE NUMBER OF RADIOLOGY POSTS CONTINUES TO GROW。
“The reason is that the backlog of patients waiting for treatment is very large.” Huang In-hoon stated that “More patients are now available to doctors and hospitals”
Wong In-hoon also mentioned software engineering, an industry that has been profoundly transformed by AI. Today, many programmers have moved from writing code in person to directing the development of AI programming tools such as Claude Code and Codex。
In this case, it is the task of “writing code” that is automated, while the position of software engineer continues to increase。
“There are too many ideas, ambitions and goals in the backlog.” Huang In-hoon said, “If we can automate the programming task, we can hire more software engineers to do more.”
He also mentioned AI Legal Technology, Harvey. Wong In-hoon stated that there had been concerns in the past that Harvey would replace Paralegal's work, but in practice, the demand for this profession was “growing at an alarming rate”。
HOWEVER, THIS VIEW IS NOT ENTIRELY CONSISTENT WITH OFFICIAL STATISTICS. ACCORDING TO PROJECTIONS BY THE UNITED STATES BUREAU OF LABOR STATISTICS (BLS), THE NUMBER OF PARALEGAL POSITIONS IS EXPECTED TO “NO CHANGE” BETWEEN 2024 AND 2034。
1AI noted that Wong In-hoon ' s judgement of the future labour market contrasts sharply with the view of Anthropic CEO Dario Amodei. Amodei predicted in 2025 that AI might eventually phase out 50%'s junior white collar post。
HOWEVER, WHILE AMODEI LATER ADJUSTED HIS PRESENTATION TO BEGIN TO PLACE MORE EMPHASIS ON AI AS A SIGNIFICANT INCREASE IN PRODUCTIVITY, HE CONTINUES TO BELIEVE THAT JOB LOSSES MAY BE PART OF AI'S “AVOIDABLY” DEVELOPMENT。
WONG IN-HOON, FOR HIS PART, SAID THAT AI WOULD INDEED MAKE STAFF WORK FASTER AND MORE EFFICIENTLY, AND THAT THIS WOULD HOPEFULLY CREATE MORE JOBS. “THIS IS A CLASSIC CASE OF HIGHER PRODUCTIVITY AND ECONOMIC GROWTH.” WONG IN-HOON SAID THAT “ECONOMIC GROWTH WILL FURTHER GENERATE MORE JOBS”