Sam Altman, CEO of OpenAI, and Dario Amodei, CEO of Anthropic, have walked back their earlier warnings about an AI-driven job apocalypse, according to Fortune. In an interview with Commonwealth Bank CEO Matt Comyn, Altman stated, "I'm delighted to be wrong about this. I thought there would have been more impact on entry-level white-collar jobs being eliminated by now than has actually happened." This marks a shift from his June warning that entire job categories could vanish.
Amodei, who previously called half of all white-collar jobs at risk, now frames automation as a productivity multiplier. He said, "If you automate 90% of the job, then everyone does the 10% of the job" - which then scales back to 100 percent and boosts productivity tenfold. Both companies are preparing IPOs with trillion-dollar valuations.
The Yale Budget Lab found no major shifts in jobs most exposed to AI so far. A separate study indicates the job crisis among coders, writers, and other AI-exposed workers began before ChatGPT launched. These findings suggest simple narratives about a direct AI job apocalypse don't hold up, at least not yet.
Source: thedecoder