Jensen Huang Has Dismissed AI "Doomsday Narratives," Saying, "Scaring People Is ...

Key Points AI stocks fell after an Anthropic worker warned about AI dangers, but they have since recovered. Nvidia CEO Jensen Huang thinks the fears are overblown. An AI slowdown could hurt Nvidia's growth prospects, but so far, the market doesn't see it happening. 10 stocks we like better than Nvidia › The heat is on for artificial intelligence (AI) companies. After mind-blowing growth over the past few years, some AI developers have been sounding the alarm over the technology's risks. Anthropic, whose CEO, Dario Amodei, has moved to the forefront of the initiative to slow things down, postponed its initial public offering (IPO) from the initially expected September or October to November, and many executives across the AI space have joined in the call for greater care in model development. AI stocks as a group fell after Amodei's note went viral in mid-September, although that seems to have been a short-term reaction. More pressing is how a slowdown in AI model development would impact hardware companies like Nvidia (NASDAQ: NVDA) . Here's how CEO Jensen Huang reacted, and what investors can expect for Nvidia. Missed AI’s "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our analysts, we’re only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue » Doomsday narrative and AI growth The public's fears over the risks AI poses intensified to a new level in September when an Anthropic AI researcher quit the company and publicized the reason why on social media, claiming that at its current pace, he believed that unchecked AI development was putting humanity at risk of extinction within the next decade. Nvidia CEO Jensen Huang. Image source: Getty Images. While AI leaders like Amodei, OpenAI's Sam Altman, and Elon Musk chimed in to agree that there were real dangers, Huang took a completely different spin. "2030 is not going to be the end of the world," he told CBS News in an interview. "There is 0% chance that's going to be the end of the world. Scaring people is unnecessary. It is irresponsible." While that kind of response seems to argue in favor of AI developers and hyperscalers continuing along a build-out path that would benefit Nvidia, Huang rejected the notion that his opinion might be biased by that. "Our company's success is directly connected to the safe deployment of products and services," he noted. "If we don't continue to do that, our value would be diminished." How Nvidia fits in Nvidia has been arguably the most important and successful player in the AI revolution. It has expanded from a relatively obscure chip designer into the most valuable company in the world, and the only one worth more than $5 trillion. Its 11-fold growth over the past five years has come from the unrelenting demand for its best-in-class graphics processing units (GPUs), the chips that provide the parallel-processing power required to drive generative AI. Revenue hasn't just increased at high rates, it has recently accelerated again, which is a feat considering the much larger base it's now comparing that growth to. Even more, it has developed complete computing platforms for training and inference, filling data centers with high-level technology. It's clear that a slowdown in AI development would damage Nvidia's growth prospects. Nvidia stock fell after the warnings a few weeks ago, but it has bounced back and hit a new high this week. Nvidia hasn't joined the chorus calling for an AI development slowdown, nor has it changed its guidance, and Wall Street expects a 91% year-over-year increase in revenue in the current quarter. The market seems to be on board with Huang, and that's crucial for Nvidia's growth story. Should you buy stock in Nvidia right now? Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nvidia wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $375,887 !* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,459,146 !* Now, it’s worth noting Stock Advisor’s total average return is 955 % — a market-crushing outperformance compared to 215% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor , and join an investing community built by individual investors for individual investors. See the 10 stocks » *Stock Advisor returns as of October 8, 2026. Jennifer Saibil has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy .