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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Technology

Technology

IBM halts hiring to replace 7,800 positions with AI

The International Business Machines Corporation (IBM) logo is displayed, during the GSMA's 2023... The International Business Machines Corporation (IBM) logo is displayed, during the GSMA's 2023 Mobile World Congress (MWC) in Barcelona, Spain March 1, 2023. REUTERS/Nacho Doce/File Photo
The International Business Machines Corporation (IBM) logo is displayed, during the GSMA's 2023... The International Business Machines Corporation (IBM) logo is displayed, during the GSMA's 2023 Mobile World Congress (MWC) in Barcelona, Spain March 1, 2023. REUTERS/Nacho Doce/File Photo

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On Monday, IBM CEO Arvind Krishna told Bloomberg News that AI may eliminate 7,800 employees at IBM.N.

Krishna predicted that 30% of non-customer-facing jobs will be automated in five years, delaying employment in back-office functions like human resources.

Last November’s viral ChatGPT chatbot from Microsoft Corp.-backed OpenAI (MSFT.O) captivated the world.

The PC-maker told the publication the reduction may entail not replacing attrition-related roles.

IBM declined Reuters’ comment.


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