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.
The International Business Machines Corporation logo is displayed, during the GSMA's 2023 Mobile World Congress in Barcelona, Spain March 1, 2023. REUTERS/Nacho Doce/File Photoexpects to pause hiring for roles as roughly 7,800 jobs could be replaced by Artificial Intelligence 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-backedThe reduction could include not replacing roles vacated by attrition, the PC-maker told the publication.Reporting by Mrinmay Dey in Bengaluru
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
1-800-Flowers partners with Tempur-pedic for epic Mother’s Day giftA brand-new Tempur-pedic mattress included with flower and food delivery? Yes, please.
Read more »
Zeekr Is The Latest Carmaker Using 'Gigapress' Die-Casting To Slash Costs | CarscoopsDie-casting has allowed Zeekr to cut 800 welding points from the 009 MPV car auto cars
Read more »
IBM expects to pause hiring for thousands of jobs that can be done by AI: reportThe CEO of International Business Machines Corp. expects to pause the hiring of thousands of people for positions that could be replaced by artificial...
Read more »
IBM Will Stop Hiring Humans For Jobs AI Can Do, Report SaysSome 7,800 human jobs could be replaced in the coming years by AI programs, IBM CEO Arvind Krishna told Bloomberg.
Read more »
Why Are Hollywood Writers Threatening to Strike?Hollywood writers could go on strike starting at midnight on Monday if their union fails to reach a deal with producers. See potential bias and similarities in coverage from business, Reuters and amspectator: Strike WGA
Read more »