In his blog, July 7 -- Open AI chief Sam Altman has predicted that the progress in Artificial Intelligence technology will replace several traditional jobs, creating a shift in the market.

"The rate of technological progress will keep accelerating, and it will continue to be the case that people are capable of adapting to almost anything."

"There will be very hard parts like whole classes of jobs going away, but on the other hand the world will be getting so much richer so quickly that we'll be able to seriously entertain new policy ideas we never could before," he said.

"I hope we will look at the jobs a thousand years in the future and think they are very fake jobs, and I have no doubt they will feel incredibly important and satisfyi...