IBM Layoffs: Artificial Intelligence (AI) has become the most discussed topic in the world of technology at this time. More and more companies are trying to use this emerging technology to their advantage. The popularity of AI skyrocketed after the introduction of OpenAI’s ChatGPT chatbot. People started using this AI based chatbot to write essays, prepare cover letters for jobs and even compose music and poetry. In such a situation, let us know what IBM’s Chief Commercial Officer Rob Thomas said on this subject.
What is the opinion of a senior IBM executive on this?
Some of the IBM senior executives have argued that AI will make human jobs easier by saving time. At the same time, some believe that AI will significantly affect the field of employment and even it can eat up people’s jobs. IBM Chief Commercial Officer Rob Thomas says that AI will not be able to replace the manager. However, managers who use AI will replace managers who do not.
According to a TechCrunch report, Thomas said during a press conference that, “AI cannot replace managers, but managers who use AI will replace managers who do not use it.” “It will really change the way people do things,” he said.
What did the CEO of IBM say?
A few days back, IBM CEO Arvind Krishna was making headlines by saying that AI may replace people in some jobs in the next five years. In a Bloomberg report, the CEO of IBM said that “in a five-year period, 30 percent of jobs will be replaced by AI and automation.”
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After not being able to meet its financial goals, IBM has also announced the layoff of thousands of employees. The company’s shares also declined by 2%. According to a Reuters report, the company’s cash flow in 2022 was US$ 9.3 billion.
1.5 Retrenchment of employees
The company’s software and consulting business also slowed down in the fourth quarter of the year. Despite the layoffs, the company’s chief financial officer James Cavanaugh said the company is still “committed to hiring for client-facing research and development”. Layoffs at IBM would mean 1.5 percent of its workforce would be shown the way out.
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