164 views | Jun 08, 2023, 03:55:01 PM | ET Now
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Every technological revolution leads to job change, but there will be newer, better jobs: Sam Altman

Talking about ChatGPT and other AI platforms, OpenAI CEO Sam Altman said, “Every tech revolution leads to job change. This is no exception. Some jobs will go away but there will be newer, better jobs”. Altman further said, “The world will get way wealthier with AI, there will be a productivity boom”. While Altman advocates for regulation for larger AI companies, he acknowledges the importance of fostering innovation and growth in the AI startup ecosystem. By differentiating between major AI companies and smaller entities, Altman suggests that a balanced approach to regulation can encourage competition, experimentation, and the emergence of new players in the field. Altman's stance reflects the ongoing debate surrounding AI regulation, where finding the right balance between oversight and innovation remains a challenge.

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