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.

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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