Sam Altman said rapid growth of artificial intelligence is unlikely to trigger a global “jobs apocalypse” and that AI has not replaced as many white-collar jobs as previously feared.

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• Sam Altman said AI has not eliminated white-collar jobs at the scale he earlier expected.
• He made the remarks during a business conference in Sydney.
• Altman admitted he had expected greater impact on entry-level office jobs by now.
• He said he was “delighted to be wrong” about earlier fears related to job losses.
• Discussion focused on growing use of AI technologies in workplaces globally.
• AI adoption is increasing rapidly across banking, technology and corporate sectors.
• Several global companies have already replaced some roles with AI systems.
• Companies using AI include major banks and multinational technology firms.
• AI is increasingly being used for automation, customer service and data analysis tasks.
• Concerns remain regarding long-term impact of AI on employment and workforce skills.
• Experts believe AI may transform jobs rather than completely eliminate them.
• Growing demand for AI-related skills and digital adaptability is expected in future workforce.
• Businesses are focusing on balancing technological efficiency with workforce transition.
• Debate over AI regulation, ethics and employment impact continues worldwide.