OpenAI CEO emphasizes that artificial intelligence is more likely to augment and enhance workers rather than fully replace them, while acknowledging there will be disruption as industries adopt new technologies.

OpenAI’s Codex coding agent is already in broad use, with more than 4 million developers engaging weekly and applying it to browser-based work, image generation, and turning information into outputs like briefs and plans.

OpenAI’s latest funding round valued the company at about $840 billion, with SoftBank and other major investors participating in a sizeable $110 billion round.

Competitors such as Anthropic and Microsoft have launched similar enterprise automation tools, fueling discussions about potential impacts on India's IT and SaaS sectors.

Altman outlined five guiding principles for AGI development: democratisation, empowerment, universal prosperity, resilience, and adaptability, advocating for broadly distributing AI power.

OpenAI plans to nearly double its workforce to around 8,000 by the end of 2026, hiring across product development, engineering, research, and sales.

While avoiding hard timelines for workforce transitions, he warned that disruption will accompany industries as they adapt to new AI tools.

His remarks come amid a broader global debate about AI’s economic impact and how automation could reshape labor demand and productivity.

OpenAI emphasizes building tools to augment people rather than replace them, while noting that future jobs may look different and long-term job losses predictions may be overstated.