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SYDNEY, May 26 (Reuters) - OpenAI CEO Sam Altman said on Tuesday the rapid development and adoption of AI would not lead to a global "jobs apocalypse" and the technology had not claimed as many white-collar jobs as he had feared. Speaking virtually at a Commonwealth Bank of Australia (CBA) conference in Sydney, Altman said he was initially concerned about the impact AI would have on global employment levels. The Reuters Iran Briefing newsletter keeps you informed with the latest developments and analysis of the Iran war. Sign up here. He said he and his executives had been "roughly right" on the technological predictions made by OpenAI when it launched ChatGPT in 2022. But he said they were "pretty wrong" on the social and economic implications. "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," Altman told CBA Chief Executive Matt Comyn in an interview. "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." Altman did not cite any jobs numbers on Tuesday but has previously talked about potential industry-wide job cuts due to AI's advancement. A growing number of global companies, including HSBC (HSBA.L), opens new tab, Amazon (AMZN.O), opens new tab, Standard Chartered (STAN.L), opens new tab and CBA (CBA.AX), opens new tab have announced some jobs within their companies were being replaced by AI. OpenAI is preparing to confidentially file for a U.S. initial public offering in the coming weeks, Reuters reported last week, citing a source familiar with the matter. The company could be aiming for a $1 trillion valuation and raising at least $60 billion, Reuters reported in October. 'HUMAN PART' OF EMPLOYMENT IRREPLACEABLE Altman said he had realised that even though AI was taking on an increasingly active role in many industries and jobs, there was still a 'human part' of employment that could not be replaced. He said he had been using AI to respond to Slack and email messages but had reverted to answering some himself. "I had it reply to messages, saying 'this is Sam's AI' and it was an amazing example to me of we really do care about people," he said. "We really do care about our interactions with people and this thing, which is a huge amount of my time, is not something that I can imagine myself outsourcing to an AI anytime soon." That realisation, he said, had made him believe the human interaction required in many jobs would not be replaced by AI. "It really, in both positive and negative ways, updated me to thinking that the jobs picture is likely to be very different than we thought," he said. "I don't think we're going to have the kind of jobs apocalypse that some of the companies in our space advocate or talk about." https://www.reuters.com/world/asia-pacific/openais-altman-says-ai-unlikely-lead-jobs-apocalypse-2026-05-26/
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Money is not everything... I won't let this poorly promoted AI article tell me otherwise. |
Now that's the real shi hitting the fans! |
Jojo1111:This is the problem with using AI to answer questions. |
Ah Nigeria! Abundance of bright minds, at the same time...a heaven for highly intelligent stupeed people. |
Usual sound! Usual lyrics! |
Viralkid:You saw the future bro. |
The Ogbebors. True hustlers! |
She must be a northerner. I like her accent though! |
What's the big deal about being married? Been married for almost a decade and I don't really see what the big deal is about it. It amazes me when people assume getting married is some sort of achievement or some superior social status. If being single makes you happy, be damn single. If living together without any sort of commitment is what you guys want and agree to do, then do the damn thing! Just do whatever makes you happy! |
Are they truly believers or just following a trend, or trying to farm engagements? Matthew 7:22–24 ESV 22 On that day tmany will say to me, ‘Lord, Lord, did we not prophesy in your name, and cast out demons in your name, and do many mighty works in your name?’ 23 And then will I declare to them, ‘I never knew you; depart from me, you workers of lawlessness.’ |
Lanruze:I know someone was bring Bank into this beer parlour gist.. |
Spent over 5 minutes preparing to take a penalty. ![]() Agba format! |
fireboyHtml:You can do all that, and she'll ditch you for being too perfect for her. |
Bendeco02:You're kidding right? |
Get money finish, con dey behave like corner Bam! Zero OT! |
Baby content creator. Spent 4 minutes talking. Can't wait. Next! |
Zero values Weak institutions Anything can fly! |
This one Na "Legend of the Seeker..." |
Dotherightthing:Yoruba men marry from other tribes too. This is a quite an unintelligible thing to say this early morning. |
Dear Seun, There's need to reconsider the placement of your ads. Putting them below every topic is an eyesore. Please do something about this update, it's totally irritating. Thank you.
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Buhari failed as a president! We all agree on that... But his greatest failure was not regulating social media. |
Dead party! PDP has been reduced to an annex of APC. More like a satellite campus. |
"The forest was shrinking, but the trees kept voting for the axe, for the axe was clever and convinced the trees that because his handle was made of wood, he was one of them". |
Angelfrost:Leicester is getting relegated.
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LeeSmart:In that same Mathematics, there's something called probability! |
Bottom belle super star! Happy Birthday. |
We're pampering children into stupidity" - Dr. Charles Akpoki |
Nigerian Bottling Company, UK branch. |
Whatever happened to the Niger Delta resource control struggle... |
