• I'm delighted to be wrong

    From Mike Powell@1:2320/105 to All on Wed May 27 08:44:16 2026
    * Originally in: SF_Reality

    'I'm delighted to be wrong': Sam Altman says AI won't lead to a 'jobs apocalypse' - but admits he was 'pretty wrong' on the social and economic implications it is having

    Date:
    Tue, 26 May 2026 16:05:00 +0000

    Description:
    OpenAI CEO says it was "roughly right" about predicting the effect of its tech, but "pretty wrong" on the social and economic implications.

    FULL STORY
    Sam Altman has hit out at claims the increasing global usage of AI
    technology worldwide will lead to a "jobs apocalypse", despite widespread reports this is exactly what is happening in many industries.

    The OpenAI CEO also admitted that while he believed his company has been "roughly right" on the technological predictions it made when it launched ChatGPT in 2022, they were "pretty wrong" on the social and economic implications. Altman also noted that while he was initially concerned about the impact AI would have on global employment levels, he believed things were not as bad as many have made out.

    "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 a virtual interview at a Commonwealth Bank of Australia (CBA) conference in Sydney (via Reuters ).

    "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," he added.

    "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's comments come days after Meta laid off around 8,000 workers
    following multiple failed AI-linked projects , with many others forcibly re-assigned to new AI work.

    Banking giant Standard Chartered was also widely criticized recently after
    its CEO described workers as 'lower value human capital' shortly after
    cutting thousands of jobs in favour of AI tools.

    Altman also revealed a little about he uses AI tools for his
    personal work life, including having it respond to Slack and email messages. However he noted he had reverted to answering some himself, as there is still a 'human part' of employment which needs to be present.

    "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."

    Overall, Altman said these feelings made him realize human workers will still have a place in most roles going forward.

    "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."

    Link to news story: https://www.techradar.com/pro/im-delighted-to-be-wrong-sam-altman-says-ai-wont -lead-to-a-jobs-apocalypse-but-admits-he-was-pretty-wrong-on-the-social-and-ec onomic-implications-it-is-having

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    * Origin: Capitol City Hub (1:2320/105)
  • From Mike Powell@1:2320/107 to All on Wed Jun 17 11:02:56 2026
    'I'm delighted to be wrong about this' Sam Altman says one of his biggest fears about AI hasn't come true

    Date:
    Wed, 17 Jun 2026 10:14:02 +0000

    Sam Altman says AI has not disrupted white-collar employment as quickly as he expected -- OpenAI CEO Sam Altman has done
    something few Silicon Valley bosses ever do, admit he is wrong. Speaking virtually at a Commonwealth Bank of Australia conference in Sydney in May, Altman confessed that one of his biggest concerns about AI simply has not played out the way he expected. For someone whose job often involves
    predicting the future, it was a surprisingly candid moment.

    "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 said . "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." Altman explained that OpenAI had been "roughly right" about many of the technological predictions it made when ChatGPT launched. AI has become more capable at an astonishing pace. What he appears to have misjudged was how those capabilities would translate into changes in everyday
    employment.

    Notably, Altman concluded he had been wrong after an experiment in which he
    let AI handle some of his own communications. He didn't need a labor market research report to see that it wasn't up to snuff. He used AI to answer Slack messages and emails, each labeled as coming from "Sam's AI" rather than from him directly.

    But Altman found himself pulling back from the experiment almost immediately. The reason had little to do with the quality of the responses. Rather, Altman simply didn't want to give up interacting with people to an AI model, no
    matter how efficient.

    "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," Altman said.

    The experience appears to have shifted Altman's thinking about employment
    more broadly. Jobs often look simple when reduced to a list of tasks. In reality, many roles involve trust, relationships, judgment, and personal interactions that are difficult to capture in a spreadsheet. None of
    this means Altman suddenly believes AI will leave the workforce untouched. OpenAI continues to release increasingly powerful models, and businesses continue searching for ways to use them more effectively.

    But the actual disruption of employment will be less catastrophic, according
    to Altman. Discussions about AI often treat jobs as collections of tasks that could be swapped out with the right AI prompt, but reality appears messier. Companies may automate parts of jobs long before they eliminate entire positions.

    "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. 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."

    That distinction matters because it helps explain why the labor market has
    not experienced the immediate shock that many observers expected. AI has certainly changed a lot of research and enterprise projects. But most organizations still need people to make decisions, manage relationships, and take responsibility when things go wrong.

    Altman's more positive view of AI on job prospects doesn't mean there's no problem with how the technology is being deployed. But people who might look
    to Altman for insight into AI might feel a little better, even if it's just
    him saying AI will have a muddled influence and not act as a straight
    assassin of careers.

    Link to news story: https://www.techradar.com/ai-platforms-assistants/im-delighted-to-be-wrong-abo ut-this-sam-altman-says-one-of-his-biggest-fears-about-ai-hasnt-come-true

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