Hahaha! Good one!
I see what your dialect did there. Can i quote you verbatim?
Guess they have found their market and this is it.
It's also amazing how hidden some of these realities before. Like, you assign a ticket to a developer, in the past they just wanted to know the develop was working on it and didn't care so much which work was what. They'd probably be so surprised to find out that a large percentage of implementation was deriving exactly what was meant by the jira ticket or the specification or the product person's intent. Which is all the stuff you have to work on before you can type in a prompt to an LLM. But now there's this pressure to believe that the developers only do the implementation part that the LLMs do, so they can pretend there will be major efficiency improvements. And it's really hard to explain to them what it is that developers even do.
I know I'm not saying anything new here, but at least where I'm working all of these matters feel much more present than they did months ago.
Instead of finding ways to make AI enhance their employees and make them more productive, they immediately jump to ways to eliminate employees. It's the opposite of a growth mentallity.
I'd love for these executives to show me a time when investing in people was the wrong choice. I've never seen a company punished for doing the right thing, caring for humans and providing a good work environment. This suicidal tendency in the corporate world to constantly decimate your workforce every cycle is just mind boggling and the fact the stock market responds to it so positively is horrifying.
Initially the goal was to convince investors which is pretty much done and now its the retail/public that will value these companies once they IPO. Either way the job market is definitely impacted and is changing rapidly.
Will one of these companies be the first to hit 10 trillion valuation?
> OpenAI CEO Sam Altman, in an interview with Commonwealth Bank of Australia CEO Matt Comyn on Tuesday, said he was “pretty wrong” about AI’s economic impact—a reversal from his June 2025 warnings that entry-level roles were at serious risk.
But the link to the interview goes to this 2m11s YouTube video, and he doesn't use say anything of the sort: https://www.youtube.com/watch?v=CAhbsKZ-_bg
Here's a full MacWhisper transcript (easier to search than the YouTube one): https://gist.github.com/simonw/ba0fe174cb7306b74ddf08589a027...
UPDATE: It turns out the article was linking to a short highlights video, but the interview itself was 45 minutes long.
I don't think the full video is available anywhere, so it's hard to confirm that "pretty wrong" quote.
This Reuters story carries the same quotes and, unlike the linked Fortune article, doesn't sit behind a paywall: https://www.reuters.com/world/asia-pacific/openais-altman-sa...
> One of the areas where he personally had been wide of the mark was on AI’s short-term impact on entry-level white-collar jobs, which had not been nearly as bad as he had once predicted, he said. “I’m delighted to be wrong about that.”
I'm not sure that justifies a whole "Sam Altman ... walking back AI jobs apocalypse predictions" headline, personally. It's pretty thin.
But... we still haven't seen the full interview, so there might be more to it. The Fortune article also includes:
> Altman added that he’s taken a lot of flack for his hype, but better safe than sorry.”People are like, ‘Oh you could have saved the world a lot of fear mongering and a lot of doom and gloom’ but at the time I was like, ‘I see this is a real risk we should probably talk about it.’ and it still may.”
This Reuters story carries a similar idea: https://www.reuters.com/world/asia-pacific/openais-altman-sa...
I'd warn that this all looks pretty thin - there are a couple of partially supporting quotes from a 45 minute virtual conversation Sam had with the Commonwealth Bank of Australia (CBA) conference on Tuesday, but they don't look strong enough to me support the "walking back AI jobs apocalypse" framing. See also this thread: https://news.ycombinator.com/item?id=48315157
They self-servingly overinflated the capabilities and now its coming to roost.
It has nothing to do with "being human". This wasn't about finding "product market fit" either. It was about griftin' while the gettin' was good. That certainly is "human".
I’d type that in alternating caps but I’m on mobile.
I hav set up a system where customer success and sales can drop in artifacts of customers talking about what they value (emails, transcripts, etc) and skills analyS them and then use them to add context to issues in the backlog.
The idea is that everything in the backlog is tied to an explanation of who it benefits and how it benefits them. We're using AI to merge multiple sources and automate the writing of it. The hope is it streamlines that communication. Our backlog issues now are 3-4 pages that explain very clearly why the issue matters, what it's higher level goal is, etc.
At first engineering was like "woa that's a lot of text" but after reading it was then "that's the best written issue I've ever seen".
Okay, so cool we are streamlining product management and setting ourselves up to automate customer feedback to development pipeline, dramatically cutting down on that issue discernment bottleneck you're pointing at...
..except today I found an issue with critical hallucinations in it. It mixed up what the customer said and what the cs rep said, to the extent that the issue was just straight up incorrect. This was with Opus 3.7 extended thinking. (Mind you it was a big transcript and pushing the limits of context window, loading multiple skills, etc)
So there's some serious potential, but it's just not there yet. Even if all this works flawlessly, the context these models can hold at once is like 0.1% of what a human can (if not less). So we will still need the humans for quite a while to make the harder decisions.
This is in a very leading edge startup pushing the limits of what LLMs can do... And even in this context optimized for LLM success it's still no where close to replacing people. We get a ton of value out of LLMs, but let me clarify that the hold up isn't just fact checking, it goes way beyond that.
In some ways I keep thinking it comes down to context management. Humans can hold so many orders of magnitude more context. Context is the bottleneck. The tech is a long way off being capable enough, and even when it is, there will be lots of operational and cultural obstacles to getting the right context into the AI.
And then there is the jevons paradox consideration...
It feels like we are a long way off. It seems plausible a generation from now employment will look very different, and I can kind of grasp how we get there, but I'm extremely skeptical of any unemployment apocalypse on a 5 year time horizon being triggered by AI. Maybe an unrelated economic shock, but not AI.
Analemma_•1h ago
NateEag•32m ago
I haven't looked at how long he's been predicting job destruction, so I don't know if that explanation fits the facts.
bcrosby95•18m ago
2fer•15m ago
Its gonna be funny seeing the eventual ego melt down when the labour market continues going on.