Sam Altman, CEO of AI giant OpenAI, recently publicly admitted that some of his previous predictions about AI's impact on the job market were inaccurate. At a tech conference this week, he acknowledged that his earlier assertion that "AI would eliminate a large number of entry-level positions" did not materialize as expected.

As one of the industry figures who long warned that AI could lead to a "job apocalypse," Altman's remarks now show a subtle shift in stance. He humorously noted that his technical predictions were roughly correct, but he was "quite wrong" regarding the social and economic impacts.

No Short-Term Wave of Unemployment Has Occurred as Expected

Altman pointed out that, based on current reality, the short-term impact of AI on white-collar entry-level jobs has been far less severe than he had previously anticipated. He said that although he had strongly believed that entire categories of jobs would disappear as companies fully adopted AI, the actual development has been reassuring.

Although some tech giants have frequently mentioned AI factors when cutting jobs recently, Altman pointed out earlier this year that this was more often an excuse used by companies. Many companies are simply attributing layoffs that would have happened anyway to the spread of AI technology.

Advocating for Greater Transparency

Even though his previous concerns have proven to be inaccurate, Altman still emphasizes the importance of open communication between AI companies and the public. He believes that the development of this cutting-edge technology will deeply affect everyone in society, making all people stakeholders.