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 ...
“my experience so far has been, you have to be an expert to spot the AI mistakes”
Your post reminds me of the early days of spreadsheet software.
I had a job (long time ago) where all the number crunching was done of the green accounting paper—by hand—using calculators.
I told my old-timer boss I could turn all of it into (then Lotus 1-2-3) spreadsheets and radically improve speed and accuracy including the ability to quickly generate “what if” scenarios.
It took about a year.
He manually checked every single spreadsheet calculation for a full year.
Then one day he started using the computer. He had not found even one single Lotus 1-2-3 spreadsheet error in more than six months.
So, you could argue that Lotus 1-2-3 was a waste of time during the transition time.
However, those spreadsheets (later converted to Excel) are probably still used today, decades later (I am retired so cannot confirm that.)
This is the ugly transition period for AI. When it is over it will easily pay for itself.
I wish I had been a tradesman. I was a salesman. I’ve got lifelong friends who are tradesmen. They have been replaced or are in competition with cheap imported labor. Heck, that’s even true for my EE friends who made microchips.
Congrats. My four sons are doing well too. Developed skills, worked hard, moving up.
“Software development positions will be next.”
Some software development positions, one hopes mainly of the H1-B variety... :-)
AI may generate code, but it will have trouble interpreting requirements correctly, and even more trouble coming up with innovative, rather than copied, solutions. Any AI generated code will also require extensive human review and testing, more so for safety-critical code.
Arthur C. Clarke took one letter lower in the alphabet from I and B and M to make it HAL.
https://www.youtube.com/watch?v=Mme2Aya_6Bc
Let’s get the AI out doing plumbing or wrenching on cars……
Time to change your 'race'.
bingo
You will be shocked at what the future holds.
I’m betting programmer jobs are going to be eliminated soon, along with actors. Five years from now, movies will all be AI. Prostitutes may be the last job to be replaced by AI robots.
What worries me are woke programmers coding AI.
Fellas with compassion and vision.
Can offshoring industry and destroying good paying manuafacturing replace paying customers?
Losing jobs to offhsoring is no big deal. Now that it is white collar jobs threatened everyone is in a snit. HYPOCRITES ALL.
It’s already happened where a young ladies voice was replicated and used to call her mom to tell she was kidnapped and needed to pay a ransom.
“trouble coming up with innovative, rather than copied, solutions”
The issue to think about is how much of our world is “innovative” and how much is “copied solutions” particularly if AI can quickly locate every possible already existing solution and copy it as needed.
At a minimum 90% of current “coding” jobs will not be needed.
What fascinates me most about this topic is something the mainstream articles never discuss.
The topic is secrecy and classification.
This is particularly critical in the area of science and technology.
One extreme would be that AI is not allowed to touch any classified information and place it in the public domain. This will greatly weaken the tool and its ability to innovate.
The other extreme would be that AI would be allowed to (or independently develops the capability to) gain access to classified science and technology. This would rapidly expand all human knowledge and produce untold benefits to mankind.
(I guess it is obvious where I stand on this issue. :-) )
Imho it could be not be true “intelligence” unless it broke the chains of classification and hacked into all “national security” networks and data.
Yep. I see nothing but but evil coming from this tech when criminals exploit it. This is why we need to inform our relatives and friends to give a password known only to them and to listen to the calls and see if they jive with what we know of the person (ie they very likely are not calling after supposedly being kidnapped- the password would have stopped the scam in its track, or asking the scammer something that only the real person would know would have stopped it too
Sadly I think a lot of folks are going to be duped by this tech
They can just “learn to code” like they were telling the coal miners and oil workers to do. Looks like coding no longer requires as much human participation as in the past.
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