IBM Plans to Pause Hiring as AI to Replace Jobs
As per information from the sourceInternational Business Machines Corporation (IBM) is planning to pause its hiring process due to the replacement of around 7,800 jobs by Artificial Intelligence (AI). The CEO of IBM, Arvind Krishna, said that approximately 30% of non-customer-facing roles could be replaced by AI and automation within the next five years. As a result, hiring in back-office functions, such as human resources, will be suspended or slowed down.
AI in the Corporate World
Many companies have already started using AI, which has begun to revolutionize the corporate world. AI is being used for a variety of purposes, including automation, decision-making, and creating new business models. IBM aims to leverage AI to improve its processes and make them more efficient.
The rise of AI has generated a lot of interest in people around the world, especially after the launch of OpenAI’s famous chatbot, ChatGPT, which was backed by Microsoft Corporation in November last year. This chatbot uses advanced language processing techniques to understand and respond to users’ queries in a natural way.
Reducing Jobs and Filling Vacant Positions
IBM’s plan to use AI to replace human jobs has sparked concerns about job losses. However, the company has stated that it may reduce the number of jobs gradually by not filling vacant positions due to attrition, rather than laying off employees.
In conclusion, the adoption of AI is inevitable in the corporate world, and companies will need to find ways to integrate AI without causing harm to their employees. IBM’s move to use AI to replace jobs is a cautionary tale for other companies, and they will need to plan and manage the process carefully to ensure a smooth transition.
“IBM plans to pause hiring as AI to replace 7,800 jobs.” Reuters. 1 May 2023,