Close Menu
Mondo NewsMondo News
  • Technology
  • Science
  • Blockchain
What's Hot
Quantum Computers Require Classical Computing for Real World Applications
Science

Quantum Computers Require Classical Computing for Real-World Applications

Private Moon Expedition Fails To Reach Lunar Surface Due To
Science

Hayabusa lunar lander meets fiery fate as it re-enters Earth’s atmosphere

EHT Reveals Changing Polarization Patterns in Black Holes of Messier
Science

EHT Reveals Changing Polarization Patterns in Black Holes of Messier 87

  • About Us
  • Privacy Policy
  • Terms & Conditions
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
Mondo NewsMondo News
  • Technology
    Exploring the Limitations of AI Safety Management Practices

    Exploring the Limitations of AI Safety Management Practices

    May 14, 2026
    What is the likelihood of an asteroid impacting Earth

    What is the likelihood of an asteroid impacting Earth?

    December 21, 2025
    Understanding Britains Debt Through Biscuits How Labour MPs Embrace Viral

    Understanding Britain’s Debt Through Biscuits: How Labour MPs Embrace Viral Trends

    December 5, 2025
    Tesla Launches Affordable Model 3 in Europe Amid Criticism of

    Tesla Launches Affordable Model 3 in Europe Amid Criticism of Mask Sales

    December 5, 2025
    Horror Game Horses Banned Is the Controversy Bigger Than You

    Horror Game Horses Banned: Is the Controversy Bigger Than You Think?

    December 5, 2025
  • Science
    Ancient Human Habitation Uncovered at 2000 Meters Experts Stunned by

    Ancient Human Habitation Uncovered at 2,000 Meters: Experts Stunned by Mountain Discovery

    June 2, 2026
    7 Reasons We Overtrust AI and the Hidden Costs Were

    7 Reasons We Overtrust AI and the Hidden Costs We’re Already Facing

    June 2, 2026
    Webb Space Telescope Discovers Methane in Interstellar Comet 3IATLAS

    Webb Space Telescope Discovers Methane in Interstellar Comet 3I/ATLAS

    June 2, 2026
    Newly Discovered Axolotl Fossil Unearthed in Mexico

    Newly Discovered Axolotl Fossil Unearthed in Mexico

    June 2, 2026
    Breakthrough Pancreatic Cancer Drug Doubles Survival Rates A Revolutionary Treatment

    Breakthrough Pancreatic Cancer Drug Doubles Survival Rates: A Revolutionary Treatment

    June 2, 2026
  • Blockchain
    Top 5 Best Altcoins Of 2024 Revealed: Etfs (etfs), Pepe

    Top 4 Altcoins Unveiled by Expert for 100x Portfolio Growth: Blockchain News, Opinion, TV, Jobs

    May 21, 2024
    Blockchain Experts Forecast Which Tokens Will Generate Profits

    Blockchain experts forecast which tokens will generate profits

    May 17, 2024
    The Leading Platform For Seasoned Traders Featuring Blockchain News,

    The Leading Platform for Seasoned Traders – Featuring Blockchain News, Insights, TV, and Job Listings

    May 8, 2024
    Darklume Fantasy Metaverse: Presale Now Available Latest Blockchain Updates,

    Darklume Fantasy Metaverse: Presale Now Available – Latest Blockchain Updates, Opinions, Television, and Job Listings

    April 30, 2024
    Sui Collaborates With Google Cloud To Drive Web3 Advancement Through

    Sui collaborates with Google Cloud to drive Web3 advancement through improved security, scalability, and AI features

    April 30, 2024
Mondo NewsMondo News
You are at:Home » OpenAI CEO Sam Altman Announces Federal Reserve Confab Will Incorporate AI
OpenAI CEO Sam Altman Announces Federal Reserve Confab Will Incorporate
Technology July 23, 2025

OpenAI CEO Sam Altman Announces Federal Reserve Confab Will Incorporate AI

Share
Facebook Twitter LinkedIn Pinterest Email

On his recent visit to Washington, OpenAI CEO Sam Altman articulated a stark vision of a future dominated by AI, where entire job sectors could vanish. The President has embraced ChatGPT’s guidance, leveraging artificial intelligence as a potential tool for mass disruption.

Addressing the Capital Framework meeting during a substantial gathering of banking executives at the Federal Reserve, Altman asserted that advancements in AI will lead to the complete eradication of certain jobs.

“I believe some roles will be entirely obsolete,” he stated. “That’s the category I’m referring to. When you reach out for customer support, you’re interacting with AI. That’s acceptable.”


During the discussion, Altman conveyed his thoughts to Michelle Bowman, the Federal Reserve’s Vice Chairman for Oversight, saying, “As the founder of OpenAI, I have already seen a significant transformation in customer service.”

He shifted the conversation to healthcare, proposing that the diagnostic abilities of AI surpass those of human doctors, although he cautioned against considering AI as the sole provider of medical care.

“Today, ChatGPT can outperform many doctors in diagnostics. However, patients still seek out physicians. I may not be the only one concerned, but I wouldn’t want to risk my health to an AI without a human doctor involved,” he remarked.

Altman’s visit coincided with the Trump administration’s unveiling of the “AI Action Plan,” aimed at clarifying and easing various regulations while advocating for more data centers. His recent engagement aligns with a federal government under Donald Trump that has embraced an accelerated approach, especially in contrast to the past few years. Despite the technological shifts over the years, under the Biden administration, OpenAI and its competitors have called for more robust AI regulations, while discussions under Trump focus on outpacing China.

In an informal discussion, he expressed that one of his main concerns is the rapidly advancing destructive potential of AI, suggesting that it could be weaponized to target the U.S. financial system. Despite being impressed by developments in voice cloning, Altman cautioned the audience regarding the same advancements that could enable sophisticated fraud and identity theft.

Skip past newsletter promotions

Receive critical U.S. headlines and highlights delivered straight to your inbox every morning.


Privacy Notice: Our newsletters may contain information about charities, online advertising, and content funded by external parties. For more details, see our Privacy Policy. Protect your site and your Google with Google ReCaptcha. Privacy Policy and Terms of Service.

After the newsletter promotion

OpenAI and Altman are clearly making significant strides in Washington, ready to engage in the discourse where Elon Musk once held prominence. With plans to establish his company’s first office in the capital next year, Altman appeared before the Senate Commerce Committee for his inaugural Congressional testimony since his high-profile appearance that catapulted him onto the global stage in May 2023.

Source: www.theguardian.com

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleTransformative Art: Brooklyn Exhibition Challenges and Explores White Domination in AI
Next Article Can Your Power Bank Ignite a Fire on a Plane? Understanding the Rules and Risks of Lithium-Ion Batteries

Related Posts

Exploring the Limitations of AI Safety Management Practices
Technology

Exploring the Limitations of AI Safety Management Practices

What is the likelihood of an asteroid impacting Earth
Technology

What is the likelihood of an asteroid impacting Earth?

Disney and OpenAI Forge Unexpected Partnership – Whats
Science

Disney and OpenAI Forge Unexpected Partnership – What’s Next?

Understanding Britains Debt Through Biscuits How Labour MPs Embrace Viral
Technology

Understanding Britain’s Debt Through Biscuits: How Labour MPs Embrace Viral Trends

Tesla Launches Affordable Model 3 in Europe Amid Criticism of
Technology

Tesla Launches Affordable Model 3 in Europe Amid Criticism of Mask Sales

Horror Game Horses Banned Is the Controversy Bigger Than You
Technology

Horror Game Horses Banned: Is the Controversy Bigger Than You Think?

Ive Spent Hours Listening to Sabrina Carpenter This Year—So Why
Technology

I’ve Spent Hours Listening to Sabrina Carpenter This Year—So Why is My Spotify “Listening Age” 86?

Cloudflare Outage Disrupts Websites Including LinkedIn and Zoom
Technology

Cloudflare Outage Disrupts Websites Including LinkedIn and Zoom

Leave A Reply Cancel Reply

Stay In Touch
  • Facebook
  • Twitter
  • Instagram
  • Pinterest
Quote of the day

A good traveler has no fixed plans, and is not intent on arriving.

Lao Tzu
Exchange Rate

Exchange Rate EUR: Tue, 2 Jun.

Top Insights
The Limitations Of Training Like An Olympian: Why It Won't Science

The Limitations of Training Like an Olympian: Why It Won’t Guarantee Olympic Success

Webb Observatory Detects Radiation From The Neutron Star Remnant Of Science

Webb Observatory detects radiation from the neutron star remnant of supernova 1987A

Multiple Nations Implement Baffling Export Restrictions On Quantum Computers Science

Multiple nations implement baffling export restrictions on quantum computers

Categories
  • Blockchain (65)
  • Science (7,685)
  • Technology (2,968)
Top Posts
UK Government to Renew Dispute with Apple Over Access to

UK Government to Renew Dispute with Apple Over Access to User Data | Data Protection

October 2, 2025
Ai Invents New Battery Design That Decreases Lithium Usage By

AI invents new battery design that decreases lithium usage by 70%

January 9, 2024
Human Level AI is Inevitable Harnessing the Power to Influence the

Human-Level AI is Inevitable: Harnessing the Power to Influence the Journey | Garrison Nice

July 21, 2025

Mondo News is a Professional Technology & Science Blog. Here we will provide you with only exciting content that you will enjoy and find useful. We’re working to turn our passion into a successful website. We hope you enjoy our Content as much as we enjoy offering them to you.

Facebook X (Twitter) Instagram Pinterest
Categories
  • Blockchain (65)
  • Science (7,685)
  • Technology (2,968)
Most Popular
Ancient Footprints Reveal How Early Human Species Lived Together
Science

Ancient footprints reveal how early human species lived together

Last minute purchase bid at the tiktok ban deadline
Technology

Last Minute Purchase Bid at the TikTok Ban Deadline

SiteLock
© 2026 Mondo News.
  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in .

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.
Go to mobile version
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.