Nvidia’s CEO Says the Next Millionaires Will Be Plumbers and Electricians, Not Coders - 24/7 Wall St.

NVIDIA CEO Jensen Huang claimed that future millionaires will be plumbers and electricians, not coders, sparking debate on the evolving labor market. The shift reflects a growing demand for skilled tr... Read original →

Huang’s remark isn’t a dismissal of coding but a spotlight on AI infrastructure’s true bottleneck: while 3nm and EUV push silicon limits, data center deployment stalls on plumbing, power distribution, and thermal management. The tech ripple effect is shifting from chips to physical infrastructure—TSMC (Taiwan, China) and Intel have already faced fab delays due to local electrician shortages. Stricter PUE and water-use regulations in the U.S. and EU now force 20%+ of CAPEX into regional trades partnerships, making workforce density as critical as wafer supply for operational continuity. In response, Meta and Alphabet are building in-house vocational pipelines, while BlackRock monetizes skilled labor via infrastructure REITs. Over the next 18 months, vocational training will become a core ESG battleground for Big Tech—and the widening wealth gap between debt-laden graduates and debt-free tradespeople could redefine middle-class economics in North America.