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OpenAI's Altman says AI unlikely to lead to 'jobs apocalypse'

Altman said AI’s workforce effects are still unclear as WiseTech cuts about one-third of staff and faces threats over layoffs.

  • On Tuesday, OpenAI CEO Sam Altman told Commonwealth Bank boss Matt Comyn at a Sydney AI event that he does not expect a 'jobs apocalypse', rejecting predictions some companies in his sector advocate.
  • Last year Anthropic boss Dario Amodei warned that AI could wipe out half of entry-level white-collar jobs and spike unemployment to 20 per cent, a backdrop Commonwealth Bank acknowledged by reversing a decision to replace call-centre staff with AI.
  • WiseTech reported 'threats of violence' against CEO Zubin Appoo to police this week while increasing Sydney headquarters security, following the company's February announcement to sack one-third of its workforce.
  • Altman acknowledged on Tuesday that AI will create workforce consequences throughout the economy that must be addressed directly, while admitting uncertainty about how work will change over the next three years.
  • As AI takes over processing tasks, Altman suggested high-level human supervision could become a significant part of what most people do in the future, emphasizing the importance of being open about prediction limits.
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Sam Altman, CEO of OpenAI, disagrees with his own forecasts regarding the magnitude of the negative effect of artificial intelligence (AI) on the labour market. There will be an impact, and the risk has not been avoided, but at the moment it is not the hecatombe that some anticipate. “I don’t think we’re going to suffer the kind of labor apocalypse that some companies in our sector defend or talk about,” said the first manager of ChatGPT’s creat…

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The Australian broke the news in Australia on Tuesday, May 26, 2026.
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