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Sam Altman and Dario Amodei are both walking back AI jobs apocalypse predictions

Sam Altman and Dario Amodei are both walking back their AI jobs apocalypse prophecies as they eye blockbuster IPOs | Fortune

fortune.com

May 28, 2026

5 min read

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59/100

Summary

Sam Altman and Dario Amodei have revised their earlier predictions about AI causing significant job losses in white-collar sectors. Altman acknowledged he was "pretty wrong" regarding the economic impact of AI on entry-level roles.

Key Takeaways

Sam Altman admitted he was "pretty wrong" about AI's impact on entry-level white-collar jobs, stating that the expected job displacement has not materialized.
Dario Amodei revised his earlier claim that AI could eliminate 50% of white-collar jobs, now suggesting that automation may actually enhance productivity and expand job roles.
Goldman Sachs CEO David Solomon argued that historical trends show new job creation in response to technological disruption, countering fears of an AI job apocalypse.
Despite ongoing tech layoffs, the overall U.S. civilian employment has grown significantly since 1962, indicating resilience in the job market amid technological advancements.

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Analysis ready

Community Sentiment

Mixed

Positives

AI has the potential to enhance productivity significantly, as evidenced by instances where it has autonomously solved complex problems and iterated on processes effectively.
The shift in narrative from AI replacing jobs to emphasizing collaboration with developers indicates a growing recognition of AI's supportive role in the workforce.
The discussion around AI applications highlights the importance of finding ways to enhance employee productivity rather than solely focusing on cost-cutting measures.

Concerns

Many executives prioritize short-term profits over employee welfare, leading to a mindset that seeks to eliminate jobs rather than enhance them with AI.
The rapid deployment of AI technologies has sparked widespread concern among the public, with over 50% of Americans feeling more anxious than excited about its impact.
The initial predictions of an AI jobs apocalypse have created a backlash, resulting in a PR effort to downplay the potential negative consequences of AI on employment.