Sam Altman Says AI is Unlikely to Trigger ‘Jobs Apocalypse’
OpenAI chief executive officer Sam Altman remarked recently that fears of AI triggering mass unemployment may have been overstated, noting that the technology hasn’t displaced office-based workers as quickly as he once expected. Addressing attendees virtually during a conference organized by the Commonwealth Bank of Australia in Sydney, Sam Altman talked about earlier concerns regarding the way AI could reshape labor markets around the world. When OpenAI introduced ChatGPT four years ago, Altman believed the rapid pace of technological progress might sharply reduce opportunities for junior white-collar employees. Looking back, Altman said OpenAI’s forecasts regarding the technical growth of AI had largely proven accurate. However, he acknowledged that expectations surrounding the broader economic and social consequences missed the mark. During a conversation with CBA CEO Matt Comyn,…