Nvidia CEO Jensen Huang told CBS News there is "0% chance" AI ends the world by 2030 and questioned the motives of people warning otherwise. The remarks land as OpenAI, Anthropic and Elon Musk back calls to slow AI development, while Nvidia's valuation still depends on the company delivering on earnings expectations already priced into the stock.
Huang questions motives behind AI doomsday warnings
Nvidia (NVDA) CEO Jensen Huang is challenging people who warn that AI could end humanity, suggesting their predictions may serve another purpose. Speaking with CBS News, Huang rejected the "AI apocalypse" debate and questioned the motives behind those spreading that fear.
He offered no single explanation, saying the motive could be political, or otherwise, or simply attention grabbing, and that he doesn't know the reason behind the warnings. On the 2030 prediction itself, he left little room for interpretation. According to CBS News: "There is 0% chance that's going to be the end of the world."
That certainty is scoped to an end-of-the-world scenario by 2030, and it leaves other questions about cyberattacks and control over increasingly capable systems unresolved. Huang also declined to speak for President Donald Trump when pressed on whether the fears were a "hoax."
Debate splits AI industry leaders
OpenAI and Anthropic leaders, alongside Elon Musk, have backed calls to slow advanced AI development over safety concerns, according to the Financial Times. Google Brain cofounder Andrew Ng has pushed back from the other direction, calling AI extinction warnings science fiction rather than science and arguing the rhetoric is mainly a public-relations effort to shape regulation.
Recent evidence highlights more immediate shortcomings. Saturn tested 18 models against 121 financial questions repeated five times, and across more than 10,000 responses, 57% of the answers failed Saturn's criteria, rising to 88% on harder questions. That doesn't remove the possibility of future catastrophic risk, but it does give businesses a concrete test today of whether AI works reliably enough to trust.
Nvidia's valuation hinges on earnings delivery
For Nvidia investors, a coordinated AI slowdown could complicate the spending boom supporting its chip business. Shares have returned 20% year-to-date and 23% over six months, and the stock trades at 23.57 times forward non-GAAP earnings, roughly 45% below its five-year average.
Analysts expect earnings per share of $9.31 for the fiscal year ending January 2027, rising 68.5% to $15.68 the following year. But estimates diverge widely: the January 2028 low EPS estimate sits at $9.80, far below consensus. Continued earnings delivery, not any rebuttal of doomsday predictions, is what will support Nvidia's valuation from here.
Source: TheStreet
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