# OpenAI CEO Sam Altman says he was wrong about AI wiping out white-collar jobs.

*genai · news · 2026-05-26 · Business Insider*

## Key points

- Sam Altman admits his predictions about AI eliminating entry-level jobs have been incorrect so far.
- OpenAI's CEO says the short-term impact of AI on entry-level white-collar jobs was overestimated.
- Altman states some companies blame AI for layoffs that would have happened regardless.
- He emphasizes AI firms should prioritize transparency about their impact, even if they're later proven wrong.

**Companies:** OpenAI, Commonwealth Bank of Australia, Block, Snap, Meta
**Countries:** Australia, United States

[Read the full story on Business Insider](https://www.businessinsider.com/sam-altman-ai-jobs-prediction-wrong-white-collar-openai-australia-2026-5)

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