Since the explosive launch of ChatGPT, there has been a prevailing fear among workers that they will be unable to compete against artificial intelligence, leading to mass unemployment.

In fact, the European Central Bank’s research predicted that AI will actually create jobs and that any reports suggesting otherwise “may be greatly exaggerated”

After assessing nine years of data gathered across 16 European countries, the ECB found that low and medium-skill jobs were largely unaffected by booming technology, meanwhile, opportunities for younger and high-skilled workers actually increased rather than vanished.

As the dust still settles on OpenAI’s latest drama, a letter has surfaced from several staff researchers citing concerns about an AI superintelligence model under development that could potentially pose a threat to humanity, according to those close to the source. The previously undisclosed letter is understood to be the real reason behind why Sam Altman was fired from the company.

The model, known internally as Project Q*, could represent a major breakthrough in the company’s pursuit of artificial general intelligence (AGI) – a highly autonomous branch of AI superintelligence capable of cumulative learning and outperforming humans in most tasks. And you were worried about ChatGPT taking all our jobs?

With Sam Altman now firmly back at the company and a new OpenAI board in place, here are all of the details of Project Q*, as well as the potential implications of AGI in the bigger picture.

AI can be used to make our lives easier, but it is also a frightening tool that could see many of us out of a job – at least according to some experts.

Australian Academy of Technological Sciences and Engineering (ATSE) CEO Kylie Walker told The Canberra Times AI could replace anywhere between 25 and 46 percent of all Aussie jobs by 2030.

Walker, and a group of 13 other AI experts, called for a $1 billion national artificial intelligence initiative in a new report to push out more than 100,000 digitally skilled workers over the next decade.

Late on Tuesday night, OpenAI announced the return of Sam Altman, its ousted chief executive officer, along with a revamped board that included one name not often associated with Silicon Valley: Larry Summers.

The economist and former Treasury Secretary joined Bret Taylor, a former co-CEO of Salesforce Inc., and existing board member Adam D’Angelo in forming what the company called an “initial board.” OpenAI’s prior directors fired Altman suddenly on Friday, setting off a dramatic saga that cast doubt on the future of the most closely-watched startup and technology.

OpenAI said it was still working to “figure out the details” of its new management in a post online. But with Summers it has a board member with deep ties to Wall Street and Washington — and an adamant belief that artificial intelligence is coming for white-collar jobs.