Jensen Huang calls out CEOs laying off workers in the name of AI: ‘You’re out of imagination.’
- 5 hours ago
- 1 min read
MONEY WISE — Jensen Huang had a message for the tech industry's wave of AI-driven layoffs this week and it wasn't polite.
"Because you're out of imagination. For companies with imagination, you will do more with more. For companies where the leadership is just out of ideas, they have nothing else to do, they have no reason to imagine greater than they are then when they have more capability, they don't do more,” he said.
Read that again. The CEO of the company selling AI chips to virtually every major technology company on earth just told Jim Cramer on live television that executives who respond to AI breakthroughs by cutting headcount are, in his view, simply out of ideas. They can't imagine a bigger future, so they settle for a cheaper present.
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