No AI ‘jobs apocalypse’ so far, says OpenAI’s Sam Altman

Published on

26/05/2026 - 12:51 GMT+2

The artificial intelligence boom will not lead to a "jobs apocalypse”, OpenAI’s CEO Sam Altman said on Tuesday, admitting his own previous predictions on the technology’s impact on the job market were incorrect.

Speaking in Sydney at a Commonwealth Bank of Australia (CBA) conference, he said he was "roughly right" about the technological predictions OpenAI made when it launched ​ChatGPT in 2022. But he said they were "pretty wrong" on the social and economic impact, Reuters reported.

Altman had previously predicted that AI could compress the historical rate of job turnover – normally around 50% of jobs changing every 75 years – into a much shorter window.