OpenAI’s Altman Says AI Won’t Cause ‘Job Apocalypse’

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Samuel Harris Altman, CEO of OpenAI. Credit: Investopedia
OpenAI CEO Sam Altman has said that the rapid development ‌and adoption of Artificial Intelligence (AI) will not lead to a global “jobs apocalypse” and that the technology has not taken over as many white-collar jobs as he had feared.
While speaking virtually at a Commonwealth Bank of Australia (CBA) conference in Sydney on Tuesday, Altman said he was initially concerned about the impact AI would have on global employment ​levels.
He stated that he and his executives had been “roughly right” about the technological predictions OpenAI made when it launched ChatGPT in 2022, but they were “pretty wrong” about the social and economic implications.
OpenAI Building. Credit: Cybernews.
Also, according to Reuters, OpenAI CEO told CBA Chief Executive Matt Comyn in an interview, saying;
“I’m delighted to ⁠be wrong about this. I thought there would have been more impact on entry-level white-collar jobs being eliminated by now than ​has actually happened. I now think I understand more about why it hasn’t, ​and I’m obviously grateful but that is an area where my intuitions were just off.”
“People are like ‘oh you could have saved the world a lot of fear mongering and a lot of doom and gloom’, but at the time I was like ‘I see this is a real risk we should probably ​talk about it’ and it still may, he said”.
Altman did not cite any job numbers, but has previously discussed potential industry-wide job cuts due to AI’s advancement.

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  • Deborah Akwa

    Deborah Akwa is a content writer with over four years of experience creating brand stories, editorial content, and audience-focused articles on topics like health, lifestyle, and entertainment.

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