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Sam Altman Declares AI ‘Take-Off’ as Tech CEOs Plan Major Job Cuts

Leaders say AI now handles half of key tasks, fueling forecasts of sweeping workforce reductions alongside demands for new skills.

Ford CEO Jim Farley at the NFC Wild Card Playoffs at Ford Field in Detroit on Jan. 14, 2024.
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Overview

  • OpenAI chief Sam Altman declared that AI has reached a ‘take-off’ phase, marking the start of a sweeping redefinition of work.
  • Amazon’s Andy Jassy expects the e-commerce giant to shrink its workforce as AI drives efficiency gains, and Salesforce’s Marc Benioff says AI already performs 30 to 50 percent of the company’s work.
  • A MIT-Stanford field study showed AI tools boosting customer-support productivity by 14 percent overall and 34 percent for less experienced agents, and Goldman Sachs forecasts a 7 percent lift in global GDP by 2030.
  • Anthropic co-founder Dario Amodei warns that up to half of all entry-level office jobs could disappear within five years as automation accelerates.
  • Roughly half of U.S. workers report anxiety over AI job displacement, driving calls for large-scale reskilling programs even as new roles like prompt engineers and model-bias auditors emerge.