---
title: "Nvidia’s Huang, Apollo economist reject AI job loss fears"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288473450.md"
description: "Nvidia CEO Jensen Huang and Apollo economist Torsten Sløk argue that AI creates jobs rather than eliminating them, citing rising demand for engineers. Following their comments, software stocks like ServiceNow and IBM rallied with double-digit gains. However, the debate persists as some companies still cite AI in layoffs, raising concerns about 'AI-washing' and the technology's true impact on employment."
datetime: "2026-06-02T20:11:11.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288473450.md)
  - [en](https://longbridge.com/en/news/288473450.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288473450.md)
---

# Nvidia’s Huang, Apollo economist reject AI job loss fears

Leaders push back: Jensen Huang and Torsten Sløk both say AI is creating jobs, not eliminating them, citing rising demand for engineers and AI specialists. Market reaction: Software stocks rallied after Huang’s comments, with major firms like ServiceNow and IBM posting double-digit gains. Debate continues: Despite their optimism, some companies still cite AI in layoffs, raising questions over 'AI-washing' and the true impact on employment.

### Related Stocks

- [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md)
- [NOW.US](https://longbridge.com/en/quote/NOW.US.md)
- [IBM.US](https://longbridge.com/en/quote/IBM.US.md)
- [NVDQ.US](https://longbridge.com/en/quote/NVDQ.US.md)
- [NVDU.US](https://longbridge.com/en/quote/NVDU.US.md)
- [NVDY.US](https://longbridge.com/en/quote/NVDY.US.md)
- [07788.HK](https://longbridge.com/en/quote/07788.HK.md)
- [NOWL.US](https://longbridge.com/en/quote/NOWL.US.md)
- [NVDX.US](https://longbridge.com/en/quote/NVDX.US.md)
- [NVDS.US](https://longbridge.com/en/quote/NVDS.US.md)
- [NVDL.US](https://longbridge.com/en/quote/NVDL.US.md)
- [NVDD.US](https://longbridge.com/en/quote/NVDD.US.md)
- [NVD.US](https://longbridge.com/en/quote/NVD.US.md)
- [APO.US](https://longbridge.com/en/quote/APO.US.md)
- [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md)
- [APO-A.US](https://longbridge.com/en/quote/APO-A.US.md)
- [APOS.US](https://longbridge.com/en/quote/APOS.US.md)

## Related News & Research

- [IBM and Red Hat Commit $5 Billion to Redefine the Future of Open Source in the AI Era | IBM Stock News](https://longbridge.com/en/news/287895583.md)
- [This AI Stock Has Already Won. The Market Just Hasn't Realized It Yet.](https://longbridge.com/en/news/288471358.md)
- [BUZZ-Old video of Trump commenting on IBM gains traction on social media; shares rise](https://longbridge.com/en/news/288287454.md)
- [Did Trump spark an IBM stock rally? It's complicated.](https://longbridge.com/en/news/288312695.md)
- [Nvidia Already is the GPU Giant. Now It's Aiming to Dominate in a New $200 Billion Market.](https://longbridge.com/en/news/287978004.md)