'AI could replace 40% jobs by 2030'

Artificial intelligence could transform the global workforce sooner than expected and may replace up to 40 per cent of jobs, OpenAI CEO Sam Altman has warned.

- Agencies

Speaking at the Axel Springer Global Reporters Network in Berlin, Altman cautioned that AI breakthroughs could cause mass layoffs as the technology rapidly advances. “Around 1 per cent of tasks currently performed by humans are already being handled by AI. Over the next few years, 30 to 40 per cent of tasks could be done by AI,” he said. Altman, 40, noted that the nature of work has always shifted with time.