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International Business Times UK
International Business Times UK
Technology
Emmanuel Morilla

'I'm Delighted to ⁠Be Wrong': OpenAI's Sam Altman Admits AI Has Not Eliminated as Many White-Collar Jobs as He Feared

OpenAI CEO Sam Altman, who recently admitted he was 'delighted to be wrong' about AI's impact on white-collar jobs at the Commonwealth Bank of Australia conference in Sydney on 26 May 2026 (Credit: Steve Jurvetson/Wikimedia Commons)

OpenAI CEO Sam Altman has publicly admitted he was wrong about AI's impact on jobs. The Silicon Valley executive made the announcement during a virtual appearance at the Commonwealth Bank of Australia's technology conference in Sydney on Tuesday.

Altman told conference attendees that the anticipated AI 'jobs apocalypse' has not materialised in the way many industry leaders, including himself, once feared. He admitted that entry-level white-collar positions have proved more resilient to automation than his earlier intuition suggested.

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