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Sam Altman Accuses Major Companies of Using AI as an Excuse for Layoffs

Sam Altman critiques companies misusing AI to justify layoffs, predicting job evolution in the tech era.

Daniel Kim
February 20, 2026 1 min read
Sam Altman Accuses Major Companies of Using AI as an Excuse for Layoffs

OpenAI CEO Sam Altman has voiced concerns that various companies are exploiting artificial intelligence as a pretext for layoffs that may have occurred regardless of AI advancements. In an interview with CNBC, he noted, “I don’t know the exact percentage, but there are certain firms attributing layoffs to AI. There are also real cases of job displacement due to AI.”

Altman anticipates that automation’s influence on the job market will increase over time, leading to the emergence of new job types alongside the adaptation of existing roles. He noted that while some jobs may vanish, many will evolve rather than disappear entirely. He pointed out that roles requiring human interaction, such as nursing, are likely to be less impacted by AI than technical jobs.

“I recently heard that half of jobs don’t disappear but rather transform every 75 years,” he remarked, envisioning a future where a significant portion of the workforce engages in roles that resemble today’s professions.

Altman also commented on the recent dynamics between OpenAI and its competitor, Anthropic, highlighting a tense moment during a group photo at the India AI Impact Summit where he and Anthropic CEO Dario Amodei did not participate in a group gesture that included other leaders. This tension comes amid public jabs between the two companies regarding AI advertising practices.

On the financial front, Bloomberg reported that OpenAI is nearing a substantial funding round that could elevate its valuation to $850 billion, with major investments possibly coming from Amazon, SoftBank, Nvidia, and Microsoft. In contrast, CNBC suggests Nvidia's investment may be pegged at a lower valuation of $730 billion, complicating the funding landscape amidst these negotiations.

Earlier this year, OpenAI implemented an advertising model for its ChatGPT service, targeting non-subscribers, as part of its strategy to enhance revenue streams amidst growing operational costs.