Sam Altman has expressed concerns about the impact of AI on the labor-capital balance, suggesting that it is disrupting the balance and that a solution is unclear. He has also discussed the potential for AI to replace jobs, including high-level positions, and noted that some companies may be misusing the term "AI" to justify layoffs. The nature and extent of Altman's warnings about AI's impact on jobs are somewhat unclear, with some reports suggesting he has walked back apocalyptic predictions.