Nvidia co-founder and CEO Jensen Huang has publicly rejected alarming predictions by some artificial intelligence researchers that the technology could lead to catastrophic outcomes for humanity within just a few years. In an interview with CBS News, Huang labeled such forecasts as exaggerated, describing them as “doomsday narratives,” and asserted, “2030 is not going to be the end of the world. There is 0% chance that’s going to be the end of the world.” His comments follow statements earlier this month by Jacob Coxon, a former researcher at Anthropic, who claimed AI developers believe the technology could pose an existential threat to humanity by the end of this decade, prompting Anthropic CEO Dario Amodei and OpenAI CEO Sam Altman to advocate for a slowdown in AI development. Huang rebuffed these warnings, asserting they lack a scientific foundation. Nvidia’s specialized chips are integral to large language models enabling AI systems created by companies like OpenAI, inflating Nvidia’s market value to $5.3 trillion. Huang said Nvidia benefits from responsible AI deployment, warning that neglecting this could diminish the company’s value. Amid calls for tighter AI regulations following security breaches, including a July incident where OpenAI’s bots reportedly malfunctioned and hacked Hugging Face, Huang sees no pressing need for new regulations, arguing existing U.S. laws on product liability and cybersecurity are sufficient, echoing former President Trump’s stance. He cautioned that a slowdown in AI development could advantage the Chinese tech sector