IBM To Replace 7.800 Jobs With A.I

[gwb-trading]

https://en.xiaomitoday.it/ibm-replaces-artificial-intelligence.html

IBM to replace thousands of employees with artificial intelligence: what does it mean for the future of work?
Gianluca Cobucci
May 2, 2023

Tech giant IBM plans to stop hiring people for positions it believes can be handled by artificial intelligence
IBM CEO, Arvind krishna, he stated in ainterview with Bloomberg that 30% of the approximately 26.000 non-customer jobs could be replaced by AI, equal to approximately 7.800 jobs lost. According to Krishna, HR positions will be among the first to be outsourced to AI. However, jobs focused on customer interaction and software development are not expected to be impacted in the coming years.

This move by IBM raises a number of concerns about the future of work and the impact of AI on the workforce. On the one hand, AI can improve efficiency and reduce business costs, but on the other hand, this could lead to job losses for human workers. Additionally, there are concerns about fairness and diversity in the use of AI in employee selection and management. If hiring and firing decisions are based only on AI, there could be a risk of discrimination and exclusion of some categories of workers.

IBM's decision to replace thousands of employees with AI raises many questions about the future of work and the impact of AI on the workforce. It is important for companies to find a balance between business efficiency and the protection of human workers, and that attention is paid to fairness and diversity in the use of AI in employee selection and management. The use of AI in human resource management activities can lead to numerous benefits, including the automation of personnel selection procedures, employee performance evaluations and training and career development planning. Furthermore, AI can improve business efficiency and reduce costs, allowing employees to focus on higher value-added activities.

However, it's important to note that AI is not a panacea for all business problems. AI can improve efficiency and productivity, but it cannot completely replace human labor. Humans remain irreplaceable in managing customer relationships and solving complex problems that require intelligence and creativity.

CEOs get closer to finally saying it — AI will wipe out more jobs than they can count
https://www.businessinsider.com/ai-tech-jobs-layoffs-ceos-chatgpt-ibm-2023-5

 

[monet]

So you show me a video of a robot walking for a whole 50 seconds, carrying no load and using no tools in any confined space?

What did that robot cost to build and develop? How many years could you pay a plumbers salary instead of developing that robot, which can't do the job we are talking about?

They won't because there are jobs where it's just not economical to do so. Robots cost money to design, build and maintain, alogrithms also.

If you get an order for 10 of something you're probably not going to spend $100m designing a robot to do it.... Unless you've got a bunch of dumb "investors" that are going to pay you a multi-million dollar salary to work on it for ten years and then fail.

Not all engineering challenges are trivial and can be solved in a few years. Just as we don't all have flying cars or portable nuclear reactors, sometimes things don't get magically 100x cheaper and easier just because someone with no experience in the field predicts they will.

Look at the nuclear powered airplane program. Or the Boeing SST. Or fusion reactors.

There's a reason we still build houses out of wood instead of boron-epoxy composite.

Robots will likely become cheap, just like PCs. Economy of scale.

Like you say, still a way to go. They'll need to be lightweight, nimble, much more capable.

I agree with that it's not practical for every technology to go mass market.

 

[M.W.]

Of course they will be. I don't even know why some can't comprehend this. Tired of arguing with some of the naysayers who only say nay but never explain why.

Love might perhaps be the precious good that will still attract human to human. But Sex? Say good bye sugar girl, your job is not required anymore.

Robots will likely become cheap, just like PCs. Economy of scale.

Like you say, still a way to go. They'll need to be lightweight, nimble, much more capable and cheaper.

I agree with that it's not practical for every technology to go mass market.

 

[SteveM]

Of course they will be. I don't even know why some can't comprehend this. Tired of arguing with some of the naysayers who only say nay but never explain why.

I'm a naysayer because I own a roomba....is it a useful device? Yes. Can the thing be trusted to work fine without me keeping an eye on it? Absolutely not. Again, this is an "intelligent" product that has been R&D'd to death over the last 20+ years, yet here I am, babysitting my "automatic" vacuum cleaner.

I think of this and then I try to imagine rush hour traffic in Washington DC, with a light snowfall and reduced visibility....it is laughable to suggest that thousands of driverless cars/trucks/busses are going to come together and navigate this scenario successfully. It would be an unmitigated disaster. Maybe the technology in 20 years will be such that this won't happen, but for now? No way.

Just think about your day to day life. If you used various self-checkout lines every single day for a year, it is guaranteed that a couple times per year you would show up to one of the machines and and it would be out of order....same thing with soda machines, printers, atms, internet routers.....the freaking Windows blue screen of death....iphone apps crashing. It's amazing how much babysitting our "technology" requires.

I think about this and then imagine "AI" being allowed full control of planes, trains, cars, ships, trucks, busses and I just see death and carnage....human supervision will still be needed for years, if not decades to come.

 

[Nobert]

CEOs get closer to finally saying it — AI will wipe out more jobs than they can count
https://www.businessinsider.com/ai-tech-jobs-layoffs-ceos-chatgpt-ibm-2023-5

And in the meantime, i'm all about a handcrafted home-made paper and using coal for drawing.

Someone mentioned in this thread, that, the people without jobs, ain't good for economy, thus, the government/people will figure it out, they always do.

Besides, people ,wasted' corporate funds, long before the A.I

 

[2rosy]

At present, chatgpt is good for creating contracts, proposals, summaries. I think it can automate mundane jobs today like those let go from Twitter. 20+ years ago I thought most jobs could be automated, today more so

 

[M.W.]

You pegging your Roomba against the future of AI is laughable and only shows that you don't quite understand the implications. The type of sensors, motoric, and the lack of any intelligent ai inside a Roomba only reflects a badly designed product that has hardly been updated in ages. For example, motoric that is available today at very affordable cost and would easily enable any automated vacuum cleaner to efficiently clean carpets is not fully utilized in a Roomba. Nor is its "intelligent" behavior hardly considered intelligent by any standards today. You can't seriously compare a Roomba with what is going on in this space.

Your point on self driven cars is equally flawed. You totally ignored the fact that any of your concerns mentioned are easily mitigated or entirely removed with LiDAR and other intelligent communication that roads can and will be equipped with. Every single traffic light, curb, tunnel, intersection,... will be equipped with guidance and sensor systems that enable self driven cars to navigate even at zero visibility. Every car will be connected to each other in a mesh network and will know its distance and speed and dozens of other vectors to all other cars. BC in Canada is already setting up long stretches of highway and urban roads as test bed with LiDAR and other sensor technology. Shall I say more?

I pay at self checkout registers for years now. I am faster at scanning my items than any of the employees and that is still with 100% human interference (myself). Amazon successfully tests completely autonomously operated supermarkets in certain test markets where each item is tagged by RFID tags and you just put items in your bag and walk out the store. The restocking of shelves will be the next domino to fall.

You claim you don't see the utility today and I don't think anyone said we are here today. What most ai researchers however do claim is that innovation is moving forward at breathtaking speed and enables full automation of many tasks in life at a much sooner time than ever imagined. All the signs do point in that direction and confirm the predictions of those truly in the know. In many aspects of our life automation is not 20 years away anymore but a mere few years.

Anyone who resists this groundbreaking change will be utterly left behind in the dust. I migrated almost all my trading related processes to incorporate some sort of machine learning or deep learning based algorithms. Whether it is strategy research and testing, transaction cost analysis, anomaly detection, order execution, and even risk management. The component that I probably handheld the most is the actual idea generation of new ideas. And that will be the leftover component that a few humans will still control and handle for a very long time.

I'm a naysayer because I own a roomba....is it a useful device? Yes. Can the thing be trusted to work fine without me keeping an eye on it? Absolutely not. Again, this is an "intelligent" product that has been R&D'd to death over the last 20+ years, yet here I am, babysitting my "automatic" vacuum cleaner.

I think of this and then I try to imagine rush hour traffic in Washington DC, with a light snowfall and reduced visibility....it is laughable to suggest that thousands of driverless cars/trucks/busses are going to come together and navigate this scenario successfully. It would be an unmitigated disaster. Maybe the technology in 20 years will be such that this won't happen, but for now? No way.

Just think about your day to day life. If you used various self-checkout lines every single day for a year, it is guaranteed that a couple times per year you would show up to one of the machines and and it would be out of order....same thing with soda machines, printers, atms, internet routers.....the freaking Windows blue screen of death....iphone apps crashing. It's amazing how much babysitting our "technology" requires.

I think about this and then imagine "AI" being allowed full control of planes, trains, cars, ships, trucks, busses and I just see death and carnage....human supervision will still be needed for years, if not decades to come.

 

[ph1l]

You obviously have never installed a toilet and have no clue about it. If you had you would know that normally it has to be installed in a very narrow place and must be connected to the main siphon. There is no way a robot could do that.

Solution: robot becomes the toilet.

 

[murray t turtle]

Have you counted the deaths caused by human drivers? Right now, as like today, autonomous cars are on average orders of magnitude safer than human drivers. It's just that some clueless minions make a fuss each time they read of an accident in which an autonomously driven car was involved.

%%
YES, but not this year, too early in year.
Its too early in the invention cycle to know for sure.
I never have bought n auto with back up camera, I tend to park so i don't need one or the extra cost to buy or replace that kind of artificial trinkets.
So with current trends\ may get pennies insurance discount\ + overpriced trinkets

 

[M.W.]

What are you talking about. Yes, this year! The accident stats are in public domain you can google them. Autonomous driven cars today are safer than human drivers per mile driven.

%%
YES, but not this year, too early in year.
Its too early in the invention cycle to know for sure.
I never have bought n auto with back up camera, I tend to park so i don't need one or the extra cost to buy or replace that kind of artificial trinkets.
So with current trends\ may get pennies insurance discount\ + overpriced trinkets