OpenAI CEO Sam Altman has downplayed fears of a "jobs apocalypse" due to artificial intelligence, stating that fewer entry-level white-collar jobs have been lost than anticipated. Speaking at a Commonwealth Bank of Australia AI conference in Sydney, Altman expressed relief that the widespread job losses he once feared have not materialized, attributing this to the irreplaceable nature of personal interactions in the workplace. Altman noted that AI has not yet generated significant revenue or productivity gains at scale, a sentiment echoed by other industry leaders like Goldman Sachs CEO David Solomon. Despite recent layoffs at AI-adjacent companies such as WiseTech, Altman emphasized the unpredictable nature of job creation resulting from AI advancements, suggesting that current valuations in AI-related equities may be ahead of actual performance.