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Jensen Huang's 2024 Prediction: "Every Industry Will Become a Technology Industry"

T0@st

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"This year, every industry will become a technology industry," NVIDIA founder and CEO Jensen Huang told attendees last Wednesday during the annual J.P. Morgan Healthcare Conference. "You can now recognize and learn the language of almost anything with structure, and you can translate it to anything with structure—so text-protein, protein-text," Huang said in a fireside chat with Martin Chavez, partner and vice chairman of global investment firm Sixth Street Partners and board chair of Recursion, a biopharmaceutical company. "This is the generative AI revolution."

The conversation, which took place at the historic San Francisco Mint, followed a presentation at the J.P. Morgan conference Monday by Kimberly Powell, NVIDIA's VP of healthcare. In her talk, Powell announced that Recursion is the first hosting partner to offer a foundation model through the NVIDIA BioNeMo cloud service, which is advancing into beta this month. She also said that Amgen, one of the first companies to employ BioNeMo, plans to advance drug discovery with generative AI and NVIDIA DGX SuperPOD—and that BioNeMo is used by a growing number of techbio companies, pharmas, AI software vendors and systems integrators. Among them are Deloitte, Innophore, Insilico Medicine, OneAngstrom, Recursion and Terray Therapeutics.




From Computer-Aided Chip Design to Drug Design
Healthcare customers and partners now consume well over a billion dollars in NVIDIA GPU computing each year—directly and indirectly through cloud partners. Huang traced NVIDIA's involvement in accelerated healthcare back to two research projects that caught his attention around 15 years ago: one at Mass General tapped NVIDIA GPUs to reconstruct CT images, another at the University of Illinois Urbana-Champaign applied GPU acceleration to molecular dynamics.

"It opened my mind that we could apply the same methodology that we use in computer-aided chip design to help the world of drug discovery go from computer-aided drug discovery to computer-aided drug design," he said, realizing that, "if we scale this up by a billion times, we could simulate biology." After 40 years of advancements in computer-aided chip design, engineers can now build complex computing systems entirely in simulation, Huang explained. Over the next decade, the same could be true for AI-accelerated drug design. "Almost everything will largely start in silico, largely end in silico," he said, using a term that refers to an experiment run on a computer.


Collaborating on the Future of Drug Discovery and Medical Instruments
With the progress made to date, computer-aided drug discovery is "genuinely miraculous," Huang said. NVIDIA is propelling the field forward by building state-of-the-art AI models and powerful computing platforms, and by collaborating with domain experts and investing in techbio companies. "We are determined to work with you to advance this field," Huang said, inviting healthcare innovators to reach out to NVIDIA. "We deeply believe that this is going to be the future of the way that drugs will be discovered and designed."

The company's pipelines for accelerated healthcare include algorithms for cryo-electron microscopy, X-ray crystallography, gene sequencing, amino acid structure prediction and virtual drug molecule screening. And as AI advances, these computing tools are becoming much easier to access, Huang said. "Because of artificial intelligence and the groundbreaking work that our industry has done, we have closed the technology divide in a dramatic way," he said. "Everybody is a programmer, and the programming language of the future is called 'human.'"

Beyond drug development, this transformation to a software-defined, AI-driven industry will also advance medical instruments. "A medical instrument is never going to be the same again. Ultrasound systems, CT scan systems, all kinds of instruments—they're always going to be a device plus a whole bunch of AIs," Huang said. "The value that will create, the opportunities you create, are going to be incredible."

For more from NVIDIA at the J.P. Morgan Healthcare Conference, listen to the audio recording and view the presentation deck of Powell's session.

View at TechPowerUp Main Site | Source
 
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This year, no. In the next years/decades, obviously technology will get in everything, AI will get in everything.
 
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Huang is a billionaire that doesn't actually live in the real world. So.... maybe?
 
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Are you saying that in the future I will eat my favorite brand of pasta with a dash of silicon? Hmm, indigestible! Thank you, but I prefer the traditional way. Oh, and without AI, that is, served in a really stupid way. :clap:
 
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Can't wait for all the remaining creative people to leave video games industry and all that will remain will be live service AI powered progression systems.
 
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Huang is a billionaire that doesn't actually live in the real world. So.... maybe?

Nvidia's market capitalization reached $1,35 trillion dollars today. Unlike most tech CEO's, Jensen's usually put his money where his mouth is, to great success. He's got a lot less hot air than any other tech sector CEO I've ever seen.

Unfortunately not every industry has a CEO we can stand. We’re gonna be stuck with this guy for some time to come.

The only people who have a fierce hatred of Jensen Huang are nostalgic old farts on tech forums who like to reminisce on the glory days of ATI. I'm sorry but this is the truth
 
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no we hate him cuz all he cares about is money and AI, two of the things that's destroying this planet and society as well.
 

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Life's too short to spend seething and hating on some tech CEO. At the end of the day, a [relative] handful of salty people on forums who have a chip on their shoulder about him for [insert reason here, I've heard them all], won't change history, and is extremely unlikely to change the trajectory of Nvidia.

Life is like a train. It's bearing down on you, and guess what? It's gonna hit you. So, you can either start running when it's far off in the distance, or you can pull up a chair, crack open a beer, and just watch it come. :toast: (not meant to be applied universally and literally to everything in life)
 
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The only people who have a fierce hatred of Jensen Huang are nostalgic old farts on tech forums who like to reminisce on the glory days of ATI. I'm sorry but this is the truth
To be fair to those guys, jensen does every now and again come off as detached from reality, or at least he sometimes comes off as living in cloud city, with a hint of arrogance, though in fairness to him, most CEOs feel like that. That or the gpu market really has reached critical sad, in turn twisting what he says when one contrasts it to the market at hand. Now hate? Yeah to hate is ridiculous, though the ones hating are probably the ones demanding 4090s for 499 regional coins
 
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Unfortunately not every industry has a CEO we can stand. We’re gonna be stuck with this guy for some time to come.
Sometimes he says smart things, sometimes he doesn't. Btw, I think the leather jacket is really funny. As CEO, I think he is a good salesman, I would buy an oven from him.
 
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Jacket Man has spoken, so ya'll betta listen up now, ya hear, or be doomed into non-existance foreva :D
 
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Nvidia's market capitalization reached $1,35 trillion dollars today. Unlike most tech CEO's, Jensen's usually put his money where his mouth is, to great success. He's got a lot less hot air than any other tech sector CEO I've ever seen
Okay. He's a great CEO. That doesn't really touch on what I said.
 

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no we hate him cuz all he cares about is money and AI, two of the things that's destroying this planet and society as well.
That's an interesting perspective! Huang is just an entrepreneur who manufactures pickaxes and shovels. Some people buy these tools to build roads and houses, while others use them to hollow out a mountain or destroy a forest. Yet, you attribute all these mistakes and crimes to Huang.
 
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Huang is a billionaire that doesn't actually live in the real world. So.... maybe?
So true. Granted, the man has vision, but he hasn't lived in the "real" world for over a decade.

Nvidia's market capitalization reached $1,35 trillion dollars today. Unlike most tech CEO's, Jensen's usually put his money where his mouth is, to great success. He's got a lot less hot air than any other tech sector CEO I've ever seen.
Ok, that didn't really discount what @erocker said.

The only people who have a fierce hatred of Jensen Huang are nostalgic old farts on tech forums who like to reminisce on the glory days of ATI. I'm sorry but this is the truth
No, on this point your logic falls apart. People dislike Leather Jacket because he no longer speaks to and identifies with the general public like he once did. He's become one of the pathetic greed driven "elites", he's no longer one of "us". As stated above, the man still has vision, but he's far from being the "man of the people" like he once was.
 
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Nvidia's market capitalization reached $1,35 trillion dollars today. Unlike most tech CEO's, Jensen's usually put his money where his mouth is, to great success. He's got a lot less hot air than any other tech sector CEO I've ever seen.



The only people who have a fierce hatred of Jensen Huang are nostalgic old farts on tech forums who like to reminisce on the glory days of ATI. I'm sorry but this is the truth
For someone who bought a Geforce 4200 Ti after 3dfx went under, this old fart yearns for the days when tech CEOs were relatively unknown, brand loyalists did not exist and the tech itself no matter the brand was fun and exciting.

Now people worship CEOs and think they will somehow be rewarded by heaping praise on them from within the anonymity of tech site article forums. The tech no longer matters. Just the riches that they think will come if Jensen will only read their last post about how much they love him.

I mean damn, people would fight over a GPU with some CEOs name on it. Its just sad.
 
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The only people who have a fierce hatred of Jensen Huang are nostalgic old farts on tech forums who like to reminisce on the glory days of ATI. I'm sorry but this is the truth

Most companies that have done business with Nvidia don't like Nvidia. They are willing to do anything to control markets and bilk customers. Them being in a position of dominance in any market is not good for consumers and end users because they have demonstrated time and time again that they will engage in anti-competitive, anti-consumer practices to maximize profits. Of course that's mostly par for the course for modern times but that doesn't make it any less of an issue and it doesn't erase what's already been done.

Now hate? Yeah to hate is ridiculous, though the ones hating are probably the ones demanding 4090s for 499 regional coins

I'd say there's an argument to hate any billionaire. Hard to argue these people aren't sociopaths given the amount of wealth they hoard at the cost of millions of other people. Grotesque income inequality is immoral, hence why the top income tax in the 1950s was 91%. Nowadays it's flipped where these people use tax loopholes they lobbied for to pay next to nothing meanwhile the common man pays an effective tax rate of 38 - 52%. It's kind of ridiculous that companies like Nvidia are subsidized by public money (from the CHIPS act) as well, distributing money from the poor to the rich seems to becoming more and more common. There's a term for this, late stage capitalism. It's the point where a capitalistic system's income inequality reaches a point where it starts hampering a economy's ability to operate potentially leading to eventual collapse if not corrected. In order for an economy to operate properly money needs to exchange hands a minimum number of times and the more wealth concentration there is the harder that is to do. That's excluding the fact that wealth concentration is equivalent to power concentration in a capitalist system. More money = more leverage.
 
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So true. Granted, the man has vision, but he hasn't lived in the "real" world for over a decade.


Ok, that didn't really discount what @erocker said.


No, on this point your logic falls apart. People dislike Leather Jacket because he no longer speaks to and identifies with the general public like he once did. He's become one of the pathetic greed driven "elites", he's no longer one of "us". As stated above, the man still has vision, but he's far from being the "man of the people" like he once was.
very much this
 
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For someone who bought a Geforce 4200 Ti after 3dfx went under, this old fart yearns for the days when tech CEOs were relatively unknown, brand loyalists did not exist and the tech itself no matter the brand was fun and exciting.

Now people worship CEOs and think they will somehow be rewarded by heaping praise on them from within the anonymity of tech site article forums. The tech no longer matters. Just the riches that they think will come if Jensen will only read their last post about how much they love him.

I mean damn, people would fight over a GPU with some CEOs name on it. Its just sad.

True enough, but those days aren't coming back, unfortunately. The market's grown too large, too accessible, and it's simply powerful enough so they have to find other ways to sell it
 
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It could with the right driving force...

Sadly, there is merit to these points. However, change has a way of making things better.

Our only hope lies in Intel now
 
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The market's grown too large, too accessible
It's accessible for those with fat wallets. For everyone it became opposite, and I dare to say, it's far beyond being accessible at all.
Entire intustry has moved from client/consumer oriented, to server/corporation oriented, where all the money are located. With the end goal to put everyone into forced subscription service. This seems to be the last days of consumer/DIY hardware.
 
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It's accessible for those with fat wallets. For everyone it baceme opposite, and I dare to say, it's far beyond being accessible at all.
Entire intustry has moved from client/consumer oriented, to server/corporation oriented, where all the money are located. With the end goal to put everyone into forced subscription service. This seems to be the last days of consumer/DIY hardware.

Oh no, even integrated graphics today do things that you wouldn't dream of just a few years ago mate. Just look at devices like the Steam Deck and the ROG Ally
 
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Oh no, even integrated graphics today do things that you wouldn't dream of just a few years ago mate. Just look at devices like the Steam Deck and the ROG Ally
How much of it is accessible? Phoenix Point has been announced year ago. The actual mobile products became available closer to the end of the year, H2-ish. The real availability is nonexistent in many parts of the world. Still. Now it's announced for desktop, a year later, and I'm sure, it's about half year more, until first batches will appear on shelves. Judging by how long it took for Zen3 Vega APUs flood the market...
But those are EOL, since it's GCN/Vega based. Unless one is Linux user. And they lack 'AI' part. Also the performance is nowhere near as good, as even 680M. Which BTW, never entered desktop.
Either way, anything below 5700G, or even 7840H, is plain anemic for any workloads, outside some basic 720p/1080p "low" gaming. How this is suitable for scientific and industrial tasks? Except maybe in clusters. And even if they are, the business will order them en masse, right from the factroy, thus reducing the amount of chips sold to ordinary consumers, even more.
Intel "APUs" don't get even that much of performance, either. And if they have, it's only mobile. Nvidia, so far is out of APU market, completely.

What I've said in the previous comment, means that Nvidia, despite being both hardware and software company, still is based on GPU ASIC technology. And it's now a very premium brand, and only for those who ready to pay the highest price.
As about APUs you've mentioned- for the purposes and industry areas mentioned in the article, the performance of APU is an utter joke. Even these retail NPUs are nowhere of the level of such as MI300, or even the old dGPUs, used in universities, or rendering farms, for years. Heck, even most dGPUs, except very top of the crop, like 4090 are barely suitable. And those are still... not accessible for most avarage Joes and Janes. Either due to availability, or due to the price. It's settled above the consumers ability of purchase these.

The retail is bonkers. The only ones who can buy the cards nowadays, is very wealthy ones, and usually they lead the businesses and industries. But for such purposes, they need them by barges. And again, this is accessible only to the ones with extremely fat wallets.

But this hits most those people, who work from home, and has their GPU old and slow, or need replacement. These are taxed out of business.

And yeah, modern APUs are more powerful, than many old dGPUs. So much power with such low consumption and high efficiency. It can run 4K video with ease. But it's hardly my dream.

Steam deck is not available banned for my country, and Ally is for rich kids of oligarchs. I'd be happy to get the 8700G, as a daily driver. But motherboards are priced ridiculously. So even if APU is relatively "cheap", along with the cheapest and most trashy MB without any options and functionality whatsoever, it is still a bad... no, it's horrible investment. And AM4 APUs are too expensive for an EOL products.
These might be cheap in "first world" where the salaries are 10-20x bigger. But here... Though this isn't related to the topic.
 
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