Nvidia's CEO is pushing back on fears that AI will wipe out jobs, saying the building boom behind it is already creating work — good news for electricians, plumbers, and technicians.

• Jensen Huang says AI is creating hundreds of thousands of jobs at chip plants, packaging factories, and data centers being built right now.
• The biggest winners are skilled tradespeople who work with their hands, many earning six-figure pay.
• This is a direct answer to Bill Gates, who warned in a letter that AI is underrated and could eventually cause mass unemployment.
• White-collar jobs are not disappearing soon, though nearly every job will change.
• The boom also feeds Nvidia itself — its chips power the data centers, and Nvidia has pledged up to $105 billion for a huge OpenAI data center in Piketon, Ohio.

Outlook: Expect more high-paying construction and utility jobs in small towns near new data centers, even as the argument over long-term AI job losses gets louder.