Sam Altman just said what everyone is thinking about AI layoffs
IT Pro • • business
Key Points:
- OpenAI CEO Sam Altman suggests many AI-related layoffs are actually due to traditional business factors, describing a trend of "AI washing" where companies blame AI to mask other reasons like overhiring or financial issues.
- Studies from Oxford Economics and Morgan Stanley support this view, indicating firms often use AI as a convenient excuse to reduce headcount amid poor financial performance.
- Altman acknowledges AI will displace some jobs but predicts new roles will emerge over time, aligning with Gartner and Forrester research that foresees job reconfiguration rather than outright losses in the long term.
- Gartner highlights the critical need for large-scale reskilling, estimating 150,000 people will require upskilling daily to adapt to AI-driven
