{"id":538529,"date":"2026-03-15T18:58:07","date_gmt":"2026-03-15T18:58:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/538529\/"},"modified":"2026-03-15T18:58:07","modified_gmt":"2026-03-15T18:58:07","slug":"sam-altman-admits-that-ai-is-disrupting-the-basic-fabric-of-capitalism","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/538529\/","title":{"rendered":"Sam Altman Admits That AI Is Disrupting the Basic Fabric of Capitalism"},"content":{"rendered":"<p class=\"article-paragraph skip\">Sign up to see the future, today<\/p>\n<p class=\"article-paragraph skip\">Can\u2019t-miss innovations from the bleeding edge of science and tech<\/p>\n<p class=\"pw-incontent-excluded article-paragraph skip\">OpenAI CEO Sam Altman\u2019s public persona depends on a carefully balanced contradiction. Though he presents himself as the <a href=\"https:\/\/blog.samaltman.com\/reflections\" rel=\"noreferrer nofollow noopener\" target=\"_blank\">thoughtful steward<\/a> of a dangerous technology, the AI luminary has aggressively pursued relationships with <a href=\"https:\/\/www.nytimes.com\/2023\/06\/07\/technology\/sam-altman-ai-regulations.html\" rel=\"noreferrer nofollow noopener\" target=\"_blank\">top lawmakers<\/a> while racing rival tech moguls to the top of the market, <a href=\"https:\/\/futurism.com\/ai-chatbots-leaving-trail-dead-teens\" rel=\"nofollow noopener\" target=\"_blank\">consequences<\/a> <a href=\"https:\/\/futurism.com\/artificial-intelligence\/openai-gpt-4o-deaths\" rel=\"nofollow noopener\" target=\"_blank\">be damned<\/a>.<\/p>\n<p class=\"article-paragraph skip\">One of the ways he maintains this shtick is by acknowledging painful truths he has no plan of acting on.<\/p>\n<p class=\"article-paragraph skip\">Speaking at the BlackRock Infrastructure Summit this week, Altman mused on <a href=\"https:\/\/fortune.com\/2026\/03\/09\/ai-opinion-poll-democrats-iran-war-president-donald-trump\/\" rel=\"noreferrer nofollow noopener\" target=\"_blank\">AI\u2019s public relations crisis<\/a>, admitting that the tech is upending the dynamic between capital and labor.<\/p>\n<p class=\"article-paragraph skip\">\u201cData centers are getting blamed for electricity prices hikes. Almost every company that does layoffs is blaming AI, whether or not it really is about AI,\u201d Altman said, <a href=\"https:\/\/fortune.com\/2026\/03\/12\/sam-altman-ai-labor-capital-jobs-nobody-knows\/\" rel=\"noreferrer nofollow noopener\" target=\"_blank\">per Fortune<\/a>, alluding to \u201cAI washing\u201d in which firms use the tech as cover for more <a href=\"https:\/\/futurism.com\/future-society\/ai-layoffs-financial-crisis\" rel=\"nofollow noopener\" target=\"_blank\">ordinary market pressures<\/a> driving workforce reductions. Whatever the cause, he granted that AI is letting \u201ccapital\u201d \u2014 businesses owners \u2014 radically erode <a href=\"https:\/\/futurism.com\/artificial-intelligence\/ai-forcing-employees-work-harder\" rel=\"nofollow noopener\" target=\"_blank\">worker power<\/a> as it takes us from an economy of scarcity to one of \u201cabundance.\u201d<\/p>\n<p class=\"article-paragraph skip\">\u201cSo that\u2019s, like, a real change to how capitalism has worked,\u201d Altman said, acknowledging that the economic system has always relied on a delicate equilibrium between businesses owners and workers (though how balanced the two forces have actually been is certainly <a href=\"https:\/\/jacobin.com\/2022\/06\/karl-marx-labor-theory-of-value-ga-cohen-economics\" rel=\"noreferrer nofollow noopener\" target=\"_blank\">up for debate<\/a>.) \u201cBut if it\u2019s hard in many of our current jobs to outwork a GPU, then that changes. If there was an easy consensus answer, we\u2019d have done it by now, so I don\u2019t think anyone knows what to do.\u201d<\/p>\n<p class=\"article-paragraph skip\">Whether tactical or sincere, Altman\u2019s observation is itself a clever bit of AI-washing. By stating the obvious \u2014 AI serves the ruling class in undermining worker power \u2014 Altman both frames the outcome as inevitable and washes his hands of responsibility.<\/p>\n<p class=\"article-paragraph skip\">Case in point: OpenAI under Altman has made zero commitment to worker welfare; if anything, it\u2019s <a href=\"https:\/\/calaborfed.org\/press-releases\/head-of-california-federation-of-labor-unions-slams-openai-for-blocking-efforts-to-regulate-ai-abuses-at-work\/\" rel=\"noreferrer nofollow noopener\" target=\"_blank\">done the opposite<\/a>. There\u2019s no support for <a href=\"https:\/\/www.americanprogressaction.org\/article\/what-is-sectoral-bargaining\/\" rel=\"noreferrer nofollow noopener\" target=\"_blank\">sectoral bargaining<\/a> in the tech industry, let alone any other industry, no advocacy for cost of living reductions that would help the working class survive the <a href=\"https:\/\/futurism.com\/future-society\/ai-labor-universal-income\" rel=\"nofollow noopener\" target=\"_blank\">AI onslaught<\/a>, and certainly no worker representation within OpenAI\u2019s governance structure itself.<\/p>\n<p class=\"article-paragraph skip\">Altman\u2019s concern, in other words, is purely cosmetic. He drives this home later in the BlackRock appearance, declaring that the ultimate goal is to make AI \u201ctoo cheap to meter.\u201d<\/p>\n<p class=\"article-paragraph skip\">\u201cWe want to flood the world with intelligence,\u201d Altman said, and \u201cwe want people to just use it for everything.\u201d<\/p>\n<p class=\"article-paragraph skip\">But without addressing the capital-labor relationship he so astutely acknowledges, the question remains: who benefits when the flood comes for us all?<\/p>\n<p class=\"article-paragraph skip\">More on Sam Altman: <a href=\"https:\/\/futurism.com\/artificial-intelligence\/humongous-numbers-uninstall-chatgpt\" rel=\"nofollow noopener\" target=\"_blank\">Humongous Numbers of People Are Uninstalling ChatGPT as Anti-OpenAI Sentiment Surges<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Sign up to see the future, today Can\u2019t-miss innovations from the bleeding edge of science and tech OpenAI&hellip;\n","protected":false},"author":2,"featured_media":538530,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[62,276,277,49,48,61],"class_list":{"0":"post-538529","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-ca","12":"tag-canada","13":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/538529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=538529"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/538529\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/538530"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=538529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=538529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=538529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}