IBM to pause hiring in plan to replace 7,800 jobs with AI - Bloomberg News

[SBFNews]

IBM to pause hiring in plan to replace 7,800 jobs with AI - Bloomberg News​

IBM to pause hiring in plan to replace 7,800 jobs with AI - Bloomberg News​

International Business Machines Corp expects to pause hiring for roles as roughly 7,800 jobs could be replaced by Artificial Intelligence (AI) in the coming years, CEO Arvind Krishna told Bloomberg News on Monday.
www.reuters.com

May 1 (Reuters) - International Business Machines Corp (IBM.N) expects to pause hiring for roles as roughly 7,800 jobs could be replaced by Artificial Intelligence (AI) in the coming years, CEO Arvind Krishna told Bloomberg News on Monday.

Hiring specifically in back-office functions such as human resources will be suspended or slowed, Krishna said, adding that 30% of non-customer-facing roles could be replaced by AI and automations in five years.

His comment comes at a time when AI has caught the imagination of people around the world after the launch of Microsoft Corp-backed (MSFT.O) OpenAI's viral chatbot, ChatGPT, in November last year.

The reduction could include not replacing roles vacated by attrition, the PC-maker told the publication.

IBM did not immediately respond to a Reuters request for comment.

 

[Pinkieslut]

IBM can close shop no one’s care about it.

 

[mojito]

Ceca re place by chat gpt?

 

[Pinkieslut]

Ceca re place by chat gpt?

IBM is a CECA company top and bottom.

 

[Scrooball (clone)]

IBM is a CECA company top and bottom.

Exactly. And now they don’t even wanna hire CECAS. Lol

 

[Pinkieslut]

Exactly. And now they don’t even wanna hire CECAS. Lol

You really think they got "AI" technology? LOL.

IBM is the last company I will bet for AI.

 

[borom]

This para from Wiki says it all
"In 2011, IBM became the first technology company Warren Buffett .... invested in.... Over the years, Buffet increased his IBM holdings, but by the end of 2017 had reduced them by 94.5% to 2.05 million shares; by May 2018, he was completely out of IBM"
I wonder if contrarian HC has invested our CPF in it after WB's exit ?

 

[Scrooball (clone)]

You really think they got "AI" technology? LOL.

IBM is the last company I will bet for AI.

I won’t even buy a calculator made by these clowns

 

[k1976]

Ceca re place by chat gpt?

CECA will be jagah Chatgpt?
W/O knowing anything

 

[A Singaporean]

Exactly. And now they don’t even wanna hire CECAS. Lol

Please come to Sickipoora, we always welcome CECAs.

 

[k1976]

Please come to Sickipoora, we always welcome CECAs.

Better if equipped with Uptron

 

[syed putra]

IBM ceo a ceca? Whats the point of getting into oxford or harvard when indian institute of technology overides all these?

 

[k1976]

IBM ceo a ceca? Whats the point of getting into oxford or harvard when indian institute of technology overides all these?

Only smartest nation know the Best in Uptron