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ALTMAN: AI WILL BE GREATEST BUSINESS BOOM EVER

AI DESK1 MIN READ
THU, SEP 3, 2026

■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE

OpenAI CEO Sam Altman predicted artificial intelligence will become the greatest economic boom in business history. He made the remarks while speaking with US Commerce Secretary Howard Lutnick at a G20 tech event in North Carolina.

Altman's comments underscore growing confidence among AI leaders about the technology's economic potential. The OpenAI chief has previously outlined ambitious timelines for AI development and deployment across industries. The remarks come as governments and businesses worldwide accelerate AI investment and integration. The US Commerce Department has positioned AI as a strategic priority, with Secretary Lutnick's participation at the G20 event reflecting Washington's focus on the technology. Altman's prediction aligns with broader industry expectations that AI will reshape productivity, business models, and competitive dynamics across sectors. Major tech companies have increased AI research budgets and product development efforts in recent months. The comments reflect ongoing debate about AI's societal impact, with proponents emphasizing economic benefits while critics raise concerns about job displacement and regulatory risks.

■ SOURCES

Bloomberg Tech

■ SUMMARY WRITTEN BY AI FROM THE LINKS ABOVE

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