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Altman Admits AI Industry Overestimated Economic Disruption Speed

Published 25 August 2026

OpenAI CEO Sam Altman has acknowledged that he and others in the artificial intelligence industry have been overly optimistic about the speed at which AI would transform the economy, citing significant societal and economic inertia as a key factor. The admission came during a podcast interview with host David Senra, released on August 23, 2026. Altman reflected on his expectations following the launch of GPT-4 in 2023, stating he believed widespread disruption to software businesses would occur quickly.

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