Sam Altman, Creator Of ChatGPT, Warns Of Potential Job Losses But Highlights A Silver Lining

OpenAI CEO Sam Altman's visit to India has brought forth candid insights into the state of AI during his ongoing six-nation tour.

In a recent interview with The Economic Times, Altman openly acknowledged the potential job losses that AI might bring while emphasizing that it will also generate new employment opportunities, as has been the case with previous technological advancements.?

Altman expressed his belief that labor markets have historically adapted to disruptions within approximately two generations, indicating that they will likely navigate the changes brought about by AI.

Altman emphasized that AI should be perceived as a tool to empower and enhance human capabilities rather than make them obsolete or unnecessary.

"Every tech revolution leads to job change. In two generations, we can adapt to any labor market change, and there are new jobs, and they are usually better. That is going to happen here, too. Some jobs are going to go away. There will be new, better jobs that are difficult to imagine today,"?he said.

Altman did acknowledge that he couldn't accurately predict the pace of change, as it would depend on various factors, including "the socioeconomic contract and the way governments think about (this disruption)."

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Altman expressed optimism about the potential success of government-funded AI projects in India. He welcomed the ongoing discussions surrounding AI regulation in various countries, emphasizing the importance of government intervention.

When discussing the risks posed by deep fakes and other fraudulent activities, Altman expressed confidence that technology would rise to the challenge, offering solutions to establish authenticity.

Contrary to concerns about AI leading to extinction, Altman emphasized the rapid iteration of the technology, noting its unpredictable speed of advancement that surpasses current perceptions.

Altman, the maverick Stanford University dropout turned tech visionary, made a bold proclamation in favor of "sovereign" research on artificial intelligence (AI) while highlighting the pivotal role of government-funded AI projects.?

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Recognizing the unease many nations feel about entrusting a life-defining technology to the exclusive ownership of a select few foreign companies, Altman advocated for a more balanced approach.

?In this context, he pointed to India as a fertile ground for groundbreaking achievements through its strategic embrace of government-backed AI initiatives.

Altman's words resonate as a rallying cry for nations to forge their paths in AI and assert their position in shaping the future.

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