Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

IBM Plans To Replace Nearly 8,000 Jobs With AI — These Jobs Are First to Go
Yahoo Finance ^ | Jeannine Mancini

Posted on 05/06/2023 7:34:53 AM PDT by CFW

IBM CEO Arvind Krishna announced a hiring pause, but that’s not all. He also stated the company plans to replace nearly 8,000 jobs with AI.

Krishna noted that back-office functions, specifically in the human resources (HR) sector, will be the first to face these changes.

The transition will happen gradually over the next few years, with machines potentially taking over up to 30% of noncustomer-facing roles in the five years. This means that workers in finance, accounting, HR and other areas will likely find themselves facing stiff competition from robots and algorithms.

The decision highlights the increasing reliance on automation and artificial intelligence across various sectors and the potential impact on the workforce.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; Culture/Society; Extended News; Front Page News; Miscellaneous
KEYWORDS: ai; aijobs; arvindkrishna; economy; hr; ibm; replacements; terminator; wokeprogrammers
Navigation: use the links below to view more comments.
first 1-2021-4041-6061-8081-83 next last
It is going to be interesting to see the effect AI has on employment numbers over the next few years, especially in the technology sector.

The article notes the HR departments may be the first to be affected. I guess AI can replace the DIE department heads and scream "Diversity, Inclusion, and Equity" just as loud as any blue-haired and tatted white liberal.

1 posted on 05/06/2023 7:34:54 AM PDT by CFW
[ Post Reply | Private Reply | View Replies]

To: CFW

Can AI replace paying customers?


2 posted on 05/06/2023 7:36:06 AM PDT by E. Pluribus Unum (The worst thing about censorship is ████ █ ██████ ███████ ███ ██████ ██ ████████. FJB.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: CFW

The human resources (HR) sector will be replaced by non-humans. Sounds ominous.


3 posted on 05/06/2023 7:39:31 AM PDT by Doctor Congo
[ Post Reply | Private Reply | To 1 | View Replies]

To: CFW

“Diversity, Inclusion, and Equity” . Let’s rearrange those words “Diversity, Equity and Inclusion.” Aka D.I.E.


4 posted on 05/06/2023 7:39:41 AM PDT by Redcitizen
[ Post Reply | Private Reply | To 1 | View Replies]

To: CFW

I demand reparations!


5 posted on 05/06/2023 7:40:43 AM PDT by Leep (Hillary will NEVER be president! 😁)
[ Post Reply | Private Reply | To 1 | View Replies]

To: CFW

Educated jobs will be held by computers and labor jobs held by illegals. What are we supposed to do for work? Build the computers and ferry the illegals?


6 posted on 05/06/2023 7:42:14 AM PDT by LucienCA13 (sorry if you are microaggrieved)
[ Post Reply | Private Reply | To 1 | View Replies]

To: CFW

AI ... the ultimate form of outsourcing.


7 posted on 05/06/2023 7:42:35 AM PDT by Rurudyne (Standup Philosopher)
[ Post Reply | Private Reply | To 1 | View Replies]

To: CFW

I used ChatGpt to construct a contract with a university in a project and it did as good a job as any lawyer and did it in 30 seconds. Legal and accounting work will absolutely be impacted.


8 posted on 05/06/2023 7:50:38 AM PDT by isthisnickcool (1218 - NEVER FORGET!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: CFW
The transition will happen gradually over the next few years, with machines potentially taking over up to 30% of noncustomer-facing roles in the five years.

Or as Hemingway said (roughly) in The Sun Also Rises, "The transition will happen gradually...then all at once."

If IBM is planning on replacing employees over the next five years, they are probably thinking of the current state of development of AI. In five years, AI will be light years ahead of where it is today. Even the CEO will be threatened with termination.

9 posted on 05/06/2023 7:51:18 AM PDT by RoosterRedux (Bonhoeffer: “Silence in the face of evil is evil. Not to speak is to speak. Not to act is to act.”)
[ Post Reply | Private Reply | To 1 | View Replies]

To: LucienCA13

What’s else is left?


10 posted on 05/06/2023 7:51:50 AM PDT by newzjunkey (We need a better Trump than Trump in 2024)
[ Post Reply | Private Reply | To 6 | View Replies]

To: LucienCA13

There is shortage of skilled workers in US
Learn skills which are in demand.
Both my kids have great jobs.


11 posted on 05/06/2023 7:54:48 AM PDT by entropy12 (Food is most popular anxiety drug, exercise is the least popular.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: CFW

HR departments tend to be some of the most “woke” departments out there.

So we are going to see woke humans being replaced by woke AI.


12 posted on 05/06/2023 7:55:02 AM PDT by ChronicMA
[ Post Reply | Private Reply | To 1 | View Replies]

To: CFW

Fewer HR weenies? How will they ever survive?


13 posted on 05/06/2023 7:56:09 AM PDT by bigbob
[ Post Reply | Private Reply | To 1 | View Replies]

To: RoosterRedux

Relax.
Microsoft can’t even make windows operating system without 900 updates. AI will have more bugs by orders of magnitude.
AI programmers are not rocket scientists.
It is over hyped just like cold fusion and cure for cancer.
That keeps research & development funds rolling in.


14 posted on 05/06/2023 7:58:32 AM PDT by entropy12 (Food is most popular anxiety drug, exercise is the least popular.)
[ Post Reply | Private Reply | To 9 | View Replies]

To: CFW
The problem is that AI developers are using AI to increase its speed of advancement exponentially.

I have been using it over the last month and it is already changing dramatically.

Systems are already being created for doctors, lawyers, tax accountants/lawyers wherein their entire respective systems of knowledge (medical textbooks, journals, research papers, legal codes, case law, tax law) can be consumed by AI and returned to them by asking simple questions.

15 posted on 05/06/2023 7:58:44 AM PDT by RoosterRedux (Bonhoeffer: “Silence in the face of evil is evil. Not to speak is to speak. Not to act is to act.”)
[ Post Reply | Private Reply | To 1 | View Replies]

To: CFW

I don’t think Jo Jo the Demented Pedo clown is going to be around long enough to carry these younger generations into their “golden years.” They’ll all be turning mom and pop’s basement into a bed and breakfast joint.


16 posted on 05/06/2023 7:58:57 AM PDT by FlingWingFlyer (We didn't have all this violence when we had God in our schools and AMERICA WAS GREAT!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: isthisnickcool

Imagine an AI lawyer that instantly knows the legality or illegality of something anywhere. Or imagine patent attorney work or even protecting a patent.

The patent issue is fascinating to me because AI might not only find patent infringement, for example, it could construct a case on it and fight against it across countries.

Anything that’s intellectual that has a large knowledge base is on the table. An “attorney” that has a 100% photographic memory and can instantly work through the a topic is very powerful.


17 posted on 05/06/2023 8:00:28 AM PDT by isthisnickcool (1218 - NEVER FORGET!)
[ Post Reply | Private Reply | To 8 | View Replies]

To: entropy12

Even skilled jobs will be replaced, maybe quicker than non-skilled jobs. People who trained in highly skilled areas will be at risk in 5-10 years, too.


18 posted on 05/06/2023 8:00:36 AM PDT by Mozzafiato
[ Post Reply | Private Reply | To 11 | View Replies]

To: Rurudyne; All

A little fanciful speculation here.

Think of AI giving us what I call the “Star Trek Economy”.
What’s “Star Trek Economy”? Did you ever see anyone in all the Star Trek iterations with a job - particularly a private sector job? Maybe one episode?

Before we think that’s wonderful, let’s just think about the social chaos & dysfunction that taking away the American Indian livelihood caused in their society. A little closer to our times - loss of blue-collar jobs & the removal of the need of a breadwinner in the urban centers. Think of that continuing chaos! Now that’s currently being repeated in flyover country with the loss of blue-collar jobs. The growing chaos, strikingly similar to the urban version is mostly white. Proves these things have nothing to do with race! We see the same rise of social ills crime, drugs, etc. we have in the inner cities!

I think the “Star Trek Economy” will cause a social explosion the likes you have never seen!

That’s the threat of AI not “Colossus - The Forbin Project” (SciFi film)! AI being used to replace jobs & then coupled with the government’s handling of it & the social problems compounding it.

People need to work and maintain some independence from Uncle Sucker!


19 posted on 05/06/2023 8:01:23 AM PDT by Reily (!!)
[ Post Reply | Private Reply | To 7 | View Replies]

To: CFW
I don't buy it. Salesforce is only taking incremental steps towards AI. NetSuite's accounting service isn't particularly robust with AI.

No, this red-dot poonjabber is canning 8K and deflecting by blaming AI, typical upper-caste behavior, and probably what he was hired for during the pandemic.

20 posted on 05/06/2023 8:01:28 AM PDT by StAnDeliver (Tanned, rested, and ready.)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-6061-8081-83 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson