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Sam Altman: AI Will Create Billion-Dollar Startups But Eliminate Half of Entry-Level Jobs

Sam Altman Predicts AI Will Forge Billion-Dollar Startups—and a White-Collar Jobs Crisis

OpenAI CEO Sam Altman paints a starkly dual future for artificial intelligence: unprecedented entrepreneurial opportunity colliding with seismic workforce disruption. In recent interviews and blog posts, Altman declared that GPT-5 5 OpenAI’s newest model, will empower solo founders to build billion-dollar companies, calling it a “crazy thing” that a single person can now deliver products rivaling those built by hundreds. Yet he simultaneously warns that half of entry-level white-collar jobs could vanish within five years, with customer support roles facing near-total elimination.

“When you call customer support, you’re speaking to AI, and that’s fine,” Altman told banking leaders at a Federal Reserve conference, describing AI agents as “super-smart, capable” entities that resolve issues without transfers or mistakes. His optimism centers on Generation Alpha, arguing today’s youth will pioneer “completely new, super well-paid” roles, even interplanetary exploration, by 2035.

The One-Person Unicorn

Altman’s startup vision hinges on GPT-5’s ability to act as a “team of PhD-level experts” in users’ pockets. He contends it democratizes creation: “It is probably possible now to start a company that will go on to be worth more than a billion dollars… and deliver an amazing product”. Investor Mark Cuban echoed this, suggesting AI could mint “one dude in the basement” as the world’s first trillionaire. Early AI agents like McKinsey’s customer-service tools already automate scheduling and client follow-ups, hinting at this scalable future.

The Jobs Earthquake

While Altman celebrates young entrepreneurs, he acknowledges brutal workforce displacement. Former U.S. Transportation Secretary Pete Buttigieg likened the coming disruption to the industrial Midwest’s collapse but “a hundred times more disruptive.” Entry-level coding, software engineering, and call-center jobs face immediate risk. Erik Brynjolfsson, Stanford economist, confirms AI is “sucking away” roles faster than the economy can adapt, potentially widening wealth gaps.

PwC’s 2025 Global AI Jobs Barometer reveals a deepening divide: Workers with AI skills command a 56% wage premium, while industries exposed to AI automate routine tasks 66% faster than last year.

The Looming “Fraud Crisis”

Beyond jobs, Altman warns of societal threats. Voice-mimicking software, he argues, could trigger a “fraud crisis,” enabling sophisticated scams via cloned voices. He also testified to Congress that AI could be weaponized by hostile states to target financial systems, a national security risk that demands urgent safeguards.

Energy: AI’s Invisible Constraint

Beneath the optimism lies a material bottleneck: energy. Altman admits AI’s ultimate cost “will converge to the cost of energy”. Data centers now consume power equivalent to millions of homes, with U.S. demand projected to need 90 new nuclear plants’ worth of electricity. Without sustainable innovation, AI’s growth could stall.

The Path Forward

Altman urges “humility and openness to new solutions,” including policy interventions like retraining and wealth redistribution. Brynjolfsson stresses managing transitions better than during past industrial shocks: “It would be a catastrophe if we made a similar mistake with technology”.

For Altman, coexistence hinges on balancing abundance and ethics: “With abundant intelligence and energy, we can theoretically have anything else,” he wrote, provided society prioritizes “good governance”. Yet as AI reshapes work, prosperity will depend on whether humans, not just algorithms, get to define the future.

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