Elon Musk loses lawsuit against OpenAI due to statute of limitations
Elon Musk lost his lawsuit against OpenAI. The case is widely seen as a critical moment for the future of AI and who should benefit from it.
After all, AI may not be coming to your job.
Sam Altman, CEO of tech giant OpenAI, says the rapid rise of artificial intelligence will likely not cause the global “jobs apocalypse” that many observers, including Altman, predicted.
Altman is one of the world’s leading authorities on AI and has been one of the most vocal in warning that the technology could wipe out jobs across the white-collar workforce.
In a 2025 interview, Altman predicted that “30 to 40 percent” of all work tasks will likely be replaced by AI in the “not too distant future.”
But in a virtual interview at the Commonwealth Bank of Australia conference in Sydney on May 26, Mr Altman said fears about AI were overblown.
“I’m glad we were wrong on this point,” Altman said in remarks reported by Reuters and conference organizers. “Now I thought the impact of eliminating entry-level white-collar jobs would be greater than what is actually happening.”
Will AI take away white-collar jobs?
Other technology industry leaders have expressed concern that the viral spread of AI will automate human tasks and lead to an explosion of jobs at all levels of professional, managerial, and administrative work.
A year ago, Anthropic CEO Dario Amodei said Axios AI could eliminate half of all entry-level positions and create double-digit jobs over the next few years.
Some companies have openly replaced employees with AI, while others have announced layoffs while ramping up AI.
“A significant number of companies have announced that they won’t be hiring much or are actually cutting jobs, and in most cases they’re talking about AI,” Jerome Powell, now the former chairman of the Federal Reserve, said in an October speech.
But Altman now believes that many jobs ultimately require an irreplaceable human element. As an example, Altman said he went back to writing emails himself rather than outsourcing them to AI.
“We really value interacting with people,” he said.
