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    OpenAI CEO tells Federal Reserve confab that entire job categories will disappear due to AI

    During his latest trip to Washington, OpenAI’s chief executive, Sam Altman, painted a sweeping vision of an AI-dominated future in which entire job categories disappear, presidents follow ChatGPT’s recommendations and hostile nations wield artificial intelligence as a weapon of mass destruction, all while positioning his company as the indispensable architect of humanity’s technological destiny.Speaking at the Capital Framework for Large Banks conference at the Federal Reserve board of governors, Altman told the crowd that certain job categories would be completely eliminated by AI advancement.“Some areas, again, I think just like totally, totally gone,” he said, singling out customer support roles. “That’s a category where I just say, you know what, when you call customer support, you’re on target and AI, and that’s fine.”The OpenAI founder described the transformation of customer service as already complete, telling the Federal Reserve vice-chair for supervision, Michelle Bowman: “Now you call one of these things and AI answers. It’s like a super-smart, capable person. There’s no phone tree, there’s no transfers. It can do everything that any customer support agent at that company could do. It does not make mistakes. It’s very quick. You call once, the thing just happens, it’s done.”The OpenAI founder then turned to healthcare, making the suggestion that AI’s diagnostic capabilities had surpassed human doctors, but wouldn’t go so far as to accept the superior performer as the sole purveyor of healthcare.“ChatGPT today, by the way, most of the time, can give you better – it’s like, a better diagnostician than most doctors in the world,” he said. “Yet people still go to doctors, and I am not, like, maybe I’m a dinosaur here, but I really do not want to, like, entrust my medical fate to ChatGPT with no human doctor in the loop.”His visit to Washington was aligned with the Trump administration’s unveiling of its “AI action plan”, which is focused defining and easing some regulations and promoting more datacenters. Altman’s latest engagement is with the federal government under Donald Trump, which has taken on a new tune compared with years past. While much has changed with the tech over the years, under the Biden administration, OpenAI and its rivals asked the government to regulate AI. Meanwhile under Trump, they talk of accelerating to beat China.At the fireside chat, he said one of his biggest worries was over AI’s rapidly advancing destructive capabilities, with one scenario that kept him up at night being a hostile nation using these weapons to attack the US financial system. And despite being in awe of advances in voice cloning, Altman warned the crowd about how that same benefit could enable sophisticated fraud and identity theft, considering that “there are still some financial institutions that will accept the voiceprint as authentication”.skip past newsletter promotionafter newsletter promotionOpenAI and Altman are already under way on their big pivot to Washington, attempting to crash a party at which Elon Musk once held the golden ticket. Along with announcing plans to open his company’s first office in Washington next year, Altman faced the Senate commerce committee for his first congressional testimony since his high-profile appearance in May 2023 that propelled him on to the global stage. More

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    Amazon donates $1m to Trump’s inaugural fund as tech cozies up to president-elect

    Amazon is the latest tech giant to donate to Donald Trump’s inaugural fund.The company plans to give $1m to the fund, first reported by the Wall Street Journal. Amazon follows Meta, Facebook’s parent company, also handing over $1m to Trump’s inaugural committee. OpenAI CEO Sam Altman said on Friday that he, too, would make a personal donation of $1m, first reported by Fox News.As Trump prepares to enter office for a second time, several tech titans are cozying up in hopes of favorable treatment for their businesses. Amazon founder Jeff Bezos is slated to meet with Trump next week. And Meta CEO Mark Zuckerberg dined with him at his Mar-a-Lago estate last month. Google CEO Sundar Pichai reportedly had plans to meet with the president-elect this week at his club as well. And Time magazine, which is owned by Salesforce CEO Marc Benioff, has named Trump its “person of the year”.OpenAI’s Altman says that Trump will be a leader in technological progress. “President Trump will lead our country into the age of AI, and I am eager to support his efforts to ensure America stays ahead,” he said in a written statement to the Guardian.Donations to inaugural committees are fairly standard for big businesses looking to make nice with incoming administrations. Amazon donated $57,746 to Trump’s first inaugural fund in 2017, according to OpenSecrets. Google and Microsoft also donated. Meta confirmed to the Guardian that it did not donate that year.For Joe Biden’s 2021 inauguration, Amazon said the administration did not accept donations from tech companies, according to the Wall Street Journal.Trump is offering bonus perks to donors who give at least $1m to his inaugural committee, according to the New York Times. Those include several tickets to activities planned around the event, such as dinners with Trump, his cabinet picks and JD Vance.Bezos, who owns the Washington Post, had long been the focus of Trump’s ire. The president-elect had blasted the newspaper over its coverage of him, often zeroing in on Bezos for being at fault. At one point in 2018, Trump called the paper “the Amazon Washington Post” and said it had “gone crazy against me”. He also alleged the paper lobbied on behalf of Amazon.Those days of conflict may be over. Before the election, the Washington Post broke with longstanding tradition and announced it would not endorse a candidate in the presidential race, a move widely seen as Bezos not wanting to rankle Trump. Bezos defended the decision, saying it was to avoid “a perception of bias”.skip past newsletter promotionafter newsletter promotionWhen Trump won the election, Bezos praised him on X. “Big congratulations to our 45th and now 47th President on an extraordinary political comeback and decisive victory. No nation has bigger opportunities,” Bezos wrote. “Wishing @realDonaldTrump all success in leading and uniting the America we all love.”Amazon CEO Andy Jassy also lauded the win on X, saying it was a “hard-fought victory” and that “we look forward to working with you”. Amazon’s stock has risen 14% since the election. Amazon did not return a request for comment. More