IBM Plans To Replace Nearly 8,000 Jobs With AI — These Jobs Are First to Go

Yahoo Finance ^ | Jeannine Mancini

[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.

[StAnDeliver]

"This is the ugly transition period for AI. When it is over it will easily pay for itself."

I don't disagree at all, but he cited legal and medical, and having tested GPT-4 on the former, not a chance in hell is it robust enough for a professional services contract.

[Jamestown1630]

If you were on trial for a serious crime, would you want an AI jury, judge - or lawyer?

We’re probably going there. Some jurisdictions already involve AI for some minor infractions; and it’s not too long until AI will be used to predict criminal behavior (think ‘Minority Report’ and ‘precrime’.)

The more I’ve learned about this, the more it scares me - especially in the areas of law and justice. (Malicious content deletion or corruption, the artificial creation of ‘evidence’, to mention just two).

‘Power’ that’s very useful can be used for good reasons or for evil and stupidly dangerous ones.

[Pearls Before Swine]

Can AI replace paying customers?

Perhaps, with hacked credit counts.