Jensen Huang Says AI Will Kill Tasks, Not Jobs. Here's What That Means for Stocks Riding the AI Trade.

Nvidia (NVDA +2.27%) CEO Jensen Huang recently told Y Combinator's Startup School attendees that artificial intelligence (AI) isn't going to eliminate jobs. He said that tasks are more at risk, and this shift clears a major hurdle for the AI trade. AI won't kill the economy if it doesn't kill jobsOne of the concerns with artificial intelligence is that the technology will become so advanced that it will replace most workers. The AI trade just got saferKilling off tasks is still a lucrative opportunity for the AI trade. Capital is still heavily flowing into the AI trade, which suggests companies exposed to the opportunity can deliver outsize returns for long-term investors.