Will occur over the next couple years.
IBM CEO Arvind Krishna announced a hiring pause in May, but that’s not all. Later that month, the CEO also stated the company plans to replace nearly 8,000 jobs with AI.
Krishna noted that back-office functions, specifically in the human resources (HR) sector, will be the first to face these changes. In recent weeks, the company has opened up dozens of positions for AI-based roles to help develop and maintain these systems.
The transition will happen gradually over the next few years, with machines potentially taking over up to 30% of noncustomer-facing roles in the five years. This means that workers in finance, accounting, HR and other areas will likely find themselves facing stiff competition from robots and algorithms.
https://finance.yahoo.com/news/ibm-plans-replace-nearly-8-174052360.html