Jensen Huang just called out every CEO using AI as an excuse to fire people. He says layoffs tied to AI “don’t make any sense” because “AI just arrived.” “The narrative that connects AI to job loss… it is just too lazy.” “AI has just arrived. How is it possible they’re already losing jobs?” “How is it possible that AI became productive and useful only 6 months ago, and they were somehow laying people off two years ago because of AI?” “It doesn’t make any sense. It was just a way for them to sound smart. And I REALLY HATE that.” A recent survey of nearly 6,000 executives found that 89% of companies have seen no measurable productivity gains from AI. Here we have the CEO of the most valuable AI company on earth, NVIDIA, telling you that the layoffs you’re seeing are not about AI. They’re about CEOs who found a convenient story and ran with it. And he hates it.