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Chamath Palihapitiya Jokes There are 'No Jobs Left' As Nvidia, Corning and Ford Tell a Very Different AI Story: 'Dario Told Me...'

The article argues that AI is still creating, not eliminating, jobs—especially in physical infrastructure and manufacturing. It highlights Nvidia and Corning’s plan to build three advanced optical fiber manufacturing facilities in North Carolina and Texas, expected to create more than 3,000 jobs, as evidence that AI expansion requires substantial human labor. It also cites Ford’s decision to rehire 350 veteran engineers after automated quality control proved inadequate, showing that AI systems have limits in complex real-world production. The piece frames Chamath Palihapitiya’s “no jobs left” joke as sarcastic commentary on the gap between AI job-loss rhetoric and actual corporate hiring trends. For Nvidia, the market implication is continued strength in AI infrastructure demand; for Corning, the move underscores rising demand for optical components tied to data-center buildout. Overall, the article is supportive of the AI capex and industrial supply chain theme rather than a negative labor-displacement narrative.

Category

NVIDIA

Sentiment

Bullish

Event

Market commentary

Reading time

1 min