What's Hot

    Asian markets advance forward of Fed determination (FXI:NYSEARCA) | Invesloan.com

    September 15, 2026

    Texas Senate candidate Talarico says US is backsliding on democracy | Invesloan.com

    September 15, 2026

    OpenAI’s CFO Said That AI Is Replacing Jobs, however Many Are Mundane Ones | Invesloan.com

    September 15, 2026
    Facebook Twitter Instagram
    Finance Pro
    Facebook Twitter Instagram
    invesloan.cominvesloan.com
    Subscribe for Alerts
    • Home
    • News
    • Politics
    • Money
    • Personal Finance
    • Business
    • Economy
    • Investing
    • Markets
      • Stocks
      • Futures & Commodities
      • Crypto
      • Forex
    • Technology
    invesloan.cominvesloan.com
    Home » OpenAI’s CFO Said That AI Is Replacing Jobs, however Many Are Mundane Ones | Invesloan.com
    Money

    OpenAI’s CFO Said That AI Is Replacing Jobs, however Many Are Mundane Ones | Invesloan.com

    September 15, 2026
    Share
    Facebook Twitter LinkedIn Pinterest Email

    OpenAI CFO Sarah Friar said that AI is reducing the need for some workers, but only repetitive ones.

    In a Tuesday interview with CNBC’s Jim Cramer on “Mad Money,” Friar addressed AI use for efficiency at OpenAI, using her own finance department as an example.

    “There is no doubt we are doing things with our own products inside of finance, for example, that do limit the number of people we need,” Friar told Cramer. “But in many cases it’s for jobs that I don’t think of as great jobs, frankly.”

    Friar pointed to credit checks as one example. OpenAI’s procurement operation was conducting them at an annual rate of 2,800 last year, she said.

    “That credit check is a pretty mundane piece of work,” Friar said. “Do you want a junior analyst doing that, or can we get a very intelligent model to do it for us?”

    “I think it’s actually enabling people to do more work at the edge, more work where intelligence is needed,” Friar added. “And then you get a lot of the rote stuff done by the model and actually done at probably a better scale and with more accuracy, frankly.”

    The financial payoff was significant: Friar said the cost per check fell from $200 per check to about 17 cents.

    “That is a great ROI for a CFO,” Friar added.

    Friar’s comments come as some leading AI figures issue much starker warnings about the technology’s impact on employment. Anthropic CEO Dario Amodei has said AI could eliminate half of entry-level white-collar jobs, while Geoffrey Hinton, the Nobel Prize-winning computer scientist known as a “godfather of AI,” recently said such predictions were “probably right.”

    Hinton said AI still fails at some tasks, but cautioned that the technology is improving quickly.

    “We’re in the very early stages,” Hinton told Bernie Sanders in an interview in November 2025. “This is a new technology. It’s getting better very fast.”

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Keep Reading

    Zuckerberg Says AI Labs May Slow Down From Market Pressure for Safety | Invesloan.com

    Macklemore Says He’s Off Ed Sheeran Tour After Robert Kraft Pressure | Invesloan.com

    Satya Nadella Says There’s One Ground Rule AI Companies Need to Follow | Invesloan.com

    ’60 Minutes’ Ratings Tanked in First Season Debut Under Bari Weiss | Invesloan.com

    Montana’s Experimental Treatment Law Hands a VC the Keys | Invesloan.com

    I Woke up at 3:30 a.m. to Hunt Down the New Starbucks Snoopy Cup | Invesloan.com

    The iPhone Update Gives Parents More Control Over Their Kids’ Phones | Invesloan.com

    Been to 35 Countries With My Kids: Best Places I Brought Them | Invesloan.com

    My Teen Is Starting to Plan Her Career. AI Makes That Feel Impossible. | Invesloan.com

    LATEST NEWS

    Asian markets advance forward of Fed determination (FXI:NYSEARCA) | Invesloan.com

    September 15, 2026

    Texas Senate candidate Talarico says US is backsliding on democracy | Invesloan.com

    September 15, 2026

    OpenAI’s CFO Said That AI Is Replacing Jobs, however Many Are Mundane Ones | Invesloan.com

    September 15, 2026

    Stephen A. Smith calls out NBA star Kawhi Leonard for letting Clippers take the autumn for wage cap scandal | Invesloan.com

    September 15, 2026
    POPULAR

    China’s first passenger jet completes maiden commercial flight

    May 28, 2023

    Numbers taking US accountancy exams drop to lowest level in 17 years

    May 29, 2023

    Toyota chair faces removal vote over governance issues

    May 29, 2023
    Advertisement
    Load WordPress Sites in as fast as 37ms!
    Facebook Twitter Pinterest WhatsApp Instagram
    © 2007-2023 Invesloan.com All Rights Reserved.
    • Privacy
    • Terms
    • Press Release
    • Advertise
    • Contact

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

    invesloan.com
    Manage Cookie Consent
    To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
    Functional Always active
    The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
    Preferences
    The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
    Statistics
    The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
    Marketing
    The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
    • Manage options
    • Manage services
    • Manage {vendor_count} vendors
    • Read more about these purposes
    View preferences
    • {title}
    • {title}
    • {title}