OpenAI CEO Sam Altman said Tuesday that artificial intelligence is unlikely to trigger the “jobs apocalypse” many critics once feared, according to Reuters.
Speaking virtually at a Commonwealth Bank of Australia conference in Sydney, Altman admitted he had previously overestimated how quickly AI would eliminate entry-level white-collar jobs after the launch of ChatGPT in 2022.
Altman said OpenAI’s technological predictions were largely accurate, but the company misunderstood the social and economic response to AI adoption. He noted that human interaction remains an important part of many professions and cannot easily be replaced by machines.
OpenAI CEO Sam Altman said 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. More here: https://t.co/X5hNGLOxxG
— Reuters Business (@ReutersBiz) May 26, 2026
The report said Altman even experimented with using AI to answer Slack and email messages before deciding some communication still required a personal touch.
Several global firms, including banks and technology companies, have already replaced certain roles with AI tools. However, Altman now believes the labor market will adapt differently than many industry leaders initially expected.
Reuters also reported that OpenAI is preparing for a potential U.S. stock market listing.
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