IBM plans to use AI to eliminate jobs

Arvind Krishna, CEO of IBM, has publicly said that his company intends to utilize artificial intelligence (AI) to remove thousands of jobs.

According to Krishna, IBM aims to halt hiring in back-office operations, where the business employs around 26,000 people, and IBM expects AI and automation to replace nearly 30 per cent of these positions over a five-year timeframe. This would result in the loss of around 7,800 jobs.

IBM’s ambitions are one of the first significant corporation acknowledgements that it intends to cut its personnel with AI. It is also one of the most significant workforce initiatives launched in response to the rapid advancement of AI technology.

According to Krishna, more commonplace HR functions such as employment verification letters and shifting personnel across departments would most likely be totally automated. However, some HR functions, such as assessing workforce composition and productivity, are unlikely to be replaced in the coming decade.

The sources for this piece include an article in Axios.

IT World Canada Staff
IT World Canada Staff
The online resource for Canadian Information Technology professionals.

Would you recommend this article?


Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.

Jim Love, Chief Content Officer, IT World Canada

Featured Download

ITW in your inbox

Our experienced team of journalists and bloggers bring you engaging in-depth interviews, videos and content targeted to IT professionals and line-of-business executives.

More Best of The Web