In an interview with Bloomberg on Monday, Arvind Krishna said that his company would enact a pause in hiring in those roles, and potentially reduce the payroll by 7,800 jobs over several years. "I could easily see 30 percent of that getting replaced by AI and automation over a five-year period." "We're being very selective when filling jobs that don't directly touch our clients or technology," the IBM spokesman added. On Monday, Geoffrey Hinton, sometimes considered the godfather of AI, announced that he was leaving Google's industry-leading AI research team and criticized Microsoft for moving too quickly in making ChatGPT-style technology available. Hinton said that competition between tech giants was pushing companies to release new AI technologies at dangerous speeds, threatening jobs and posing a danger to society.

Source: Manila Times May 03, 2023 13:57 UTC