The technological giant IBM expects that artificial intelligence will replace up to 30% of job positions that are AI-replaceable within the next five years.
IBM, the renowned technological multinational company, is set to undergo a significant transformation as it plans to eliminate a substantial number of positions within its back-office operations. According to Arvind Krishna, the CEO of IBM, up to 7,800 jobs will be phased out, with artificial intelligence poised to assume responsibility for one of those roles.
In a strategic move, IBM has decided to halt the recruitment process for positions that can be efficiently fulfilled by AI. This primarily affects back-office functions, including human resources and various administrative positions, which collectively make up approximately 26,000 roles within the company.
Krishna, speaking about the future trajectory of IBM, anticipates that AI and automation will gradually supplant as much as 30% of these positions over the course of the next five years. Consequently, this ambitious integration of technology will lead to the elimination of around 7,800 jobs within the organization.
This strategic shift reflects IBM’s proactive response to the growing capabilities of AI in performing tasks that were traditionally handled by human employees. While this transformation underscores the company’s commitment to innovation and efficiency, it also raises concerns regarding the potential impact on the workforce and the broader job market.
As IBM embraces the advancements in artificial intelligence, questions arise about the changing nature of work and the potential displacement of employees. The adaptation of AI technology has the potential to reshape industries and redefine the skills required in the labor market. It is crucial to carefully navigate this transition and ensure that both individuals and society at large are adequately prepared for the evolving job landscape.