May 26, 2026 3:14 PM

OpenAI’s Altman says AI unlikely to lead to ‘jobs apocalypse’

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. He said he and his executives had been "roughly right" on the technological predictions made by OpenAI when...