Altman: AI Is Killing the Labor-Capital Balance — 'Nobody Knows What to Do'
Fortune·high signal
Speaking at the BlackRock Infrastructure Summit on March 12, Altman admitted that AI is breaking the centuries-old power balance between labor and capital, saying 'If it becomes difficult in many jobs to outwork a GPU, this changes the equation.' He acknowledged being stumped on job displacement: 'If there was an easy consensus answer, we'd have done it by now.' Simultaneously framed AI as a utility to be sold 'too cheap to meter' — the starkest public acknowledgment yet that OpenAI's CEO sees the economic disruption as real and unsolved.