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Altman Says AI Won’t Spark Global Jobs Apocalypse

5/27/2026

Summary

Altman Refutes Apocalypse

Altman told Commonwealth Bank of Australia CEO Matt Comyn at a Sydney conference on May 26, 2026 that AI will not trigger a global jobs apocalypse.
He said his earlier forecast that AI would eliminate many entry-level white-collar jobs has not materialized, and that OpenAI was roughly right on technical progress but wrong on social and economic impacts.
He added that creativity, judgment and emotional understanding will keep humans central to jobs.

Summary

Levie: AI Boost

Box CEO Aaron Levie posted on LinkedIn that leaders now view AI as a labor-boosting force.
He cited the Jevons paradox, noting that cheaper, more efficient technology historically spurs greater consumption.
Economist Torsten Slok observed that call-center agents and radiologists have remained steady or grown despite automation.
Goldman Sachs reported that data-center construction created about 200,000 jobs since 2022, offsetting tech industry layoffs that have exceeded 115,000 through May 2026.

Summary

Musk Loses Lawsuit

Elon Musk lost a lawsuit against OpenAI because the claim was barred by the statute of limitations.
The trial has been described as a critical moment for the future of AI and for determining who ultimately benefits from the technology.
Anthropic CEO Dario Amodei warned that AI could eliminate half of all entry-level positions while also spurring double-digit employment growth in the coming years.

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Altman Refutes Apocalypse

Altman told Commonwealth Bank of Australia CEO Matt Comyn at a Sydney conference on May 26, 2026 that AI will not trigger a global jobs apocalypse.
He said his earlier forecast that AI would eliminate many entry-level white-collar jobs has not materialized, and that OpenAI was roughly right on technical progress but wrong on social and economic impacts.
He added that creativity, judgment and emotional understanding will keep humans central to jobs.

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