AI won’t replace people; it will replace people who don’t use AI
There’s been a lot of fear that AI will replace people, or more accurately, jobs. I don’t believe this to be true. Yes, every technological advancement has been disruptive, but they have created a larger pie, more jobs if anything.
Instagram disrupted the camera industry and traditional media & advertisement. But it made everyone a photographer, an influencer, a personal media brand.
Uber disrupted the taxi and rental companies, but progressed the gig economy. There are many other examples.
Shaan Puri said it best:

Personally, AI has been so exciting and empowering. It made me me a coder, a writer, and a fledging creator. I’ve even used for some therapy and it has been the most insightful psychoanalysis I’ve ever received. Truly eye-opening and impactful, I’ll tell ya.
So the thought I want to leave you with is: how are you not being replaced by AI?
If you want to play the long game, you have to have core beliefs
Nvidia, the bitcoin of stocks that everyone wished they had more of, has been 30 years in the making. He was on Cleo Abram’s Youtube episode where he talked about the importance of having core beliefs to weather you through the long run (because good things take time).
But I would say that in all things that we pursue, first you have to have core beliefs. You have to reason from your best principles, and ideally you're reasoning from principles of either physics or deep understanding of the industry or deep understanding of the science. Wherever you're reasoning from, you reason from first principles. And at some point you have to believe something. And if those principles don't change and the assumptions don't change, then there's no reason to change your core beliefs.
Along the way there's always some evidence of success and that you're leading in the right direction. Sometimes you go a long time without evidence of success and you might have to course correct a little, but the evidence comes. And if you feel like you're going in the right direction, we just keep on going.
The question of why did we stay so committed for so long, the answer is actually the opposite: There was no reason to not be committed because we believed it. And I've believed in NVIDIA for 30 plus years and I'm still here working every single day. There's no fundamental reason for me to change my belief system and I fundamentally believe that the work we're doing in revolutionizing computing is as true today, even more true today than it was before. And so we'll stick with it until otherwise.
I’ve been personally spending a lot of time reflecting and journaling what my purpose is so this really resonated. I think it’s hard, and will be ever harder to stay steadfast to one mission. Things, people, trends, technology move fast these days. They become obsolete yesterday. But having conviction in your beliefs is what makes you stick through the journey, rather than endlessly chase.
Now, Jensen Huang is a high bar. It’s very ambitious, even discouraging, to try to achieve something at the height of where Nvidia stands. However, his principles on having core beliefs is ever more relevant to stay grounded and persistent in disruptive times to come.