💼 There Will Be No "AI Apocalypse" in the Labor Market

This week, OpenAI CEO Sam Altman admitted that he was "delighted to ⁠be wrong" in his predictions about AI's impact on the labor market and job cuts.

According to him, AI has had much less impact on the labor market so far than he expected. In practice, people simply like working with people, and AI still cannot replace the "human" part of work.

At the same time, Altman also notes that the risks to many jobs from AI are indeed real.

Will AI have a major impact on the labor market?

🔥 — Yes, many people will lose jobs
🤔 — We probably won't even notice it