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Mark Cuban and Sam Altman Just Warned About Disappearing Jobs and the Need to Learn AI

WASHINGTON, DC, JUL 23 – Sam Altman highlighted AI's rapid advancement could eliminate many jobs, boost productivity by up to 10 times, and create risks like synthetic fraud and impersonation, urging cautious regulation.

  • At a Federal Reserve conference in Washington, DC, Sam Altman warned that AI could wipe out entire job categories, including healthcare, during a fireside chat with regulators.
  • Only five years ago, Sam Altman, OpenAI CEO, remarked, `AI was still in the distant future`, but new models now achieve gold-level performance in expert tasks, highlighting rapid evolution.
  • Pointing to customer support, Altman warned that AI demonstrates a diagnostic leap, while customer service positions are particularly vulnerable to automation.
  • In response, Altman urged governments and businesses to adopt AI quickly but mindfully, stressing regulation should enable innovation.
  • Predicting industry evolution, Altman described that `AI company` soon sounds outmoded and outlined three AI risk categories.
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TechChannel News broke the news in on Wednesday, July 23, 2025.
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