OpenAI CEO Sam Altman asserts that companies are engaging in "AI washing," attributing layoffs incorrectly to artificial intelligence. At the India AI Impact Summit, he stated that while real job displacement from AI is forthcoming, many businesses falsely label layoffs as AI-driven. A recent study revealed that 90% of C-suite executives reported no impact from AI on jobs. Altman anticipates business transformation and job creation alongside technological advancements, suggesting the impact of AI will soon be felt more broadly.