Published On 5/26/2026
Sam Altman, CEO of OpenAI, downplayed concerns about the impact of artificial intelligence on jobs, saying that the technology has not yet caused widespread losses in office jobs as previously expected, according to statements reported by Reuters.
Altman said during his virtual participation in a Commonwealth Bank of Australia conference in Sydney that his previous expectations regarding the rapid social and economic impact of artificial intelligence were “largely wrong,” despite his belief that the company was “almost right” in its technical expectations since the launch of “GBT Chat” in 2022.
“I’m glad I was wrong,” he added, noting that he expected a larger number of entry-level jobs in office work to disappear due to artificial intelligence during this stage.
Altman explained that practical experience showed him that many jobs still depend on the “human aspect” of interaction and communication, which is difficult to completely replace with technology.
“We really care about our interactions with humans,” he said, adding that he tried using artificial intelligence to respond to emails and internal work messages, but later returned to answering part of them himself.
He added that this experience led him to believe that the picture of jobs in the era of artificial intelligence “will be very different” from what was expected, stressing that he does not believe that a global “job disaster” will occur, as some companies in the sector warn.
However, the report indicated that an increasing number of global companies, including HSBC, Amazon, Standard Chartered, and the Commonwealth Bank of Australia, have already announced the replacement of some jobs within their institutions with artificial intelligence technologies.
Altman’s statements come at a time when OpenAI is preparing to submit a confidential application for an initial public offering in the United States in the coming weeks, according to a previous report by Reuters, amid estimates that may raise the company’s value to about a trillion dollars, with plans to raise at least 60 billion dollars.
