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IBM to pause hiring in plan to replace 7,800 jobs with AI

finance.yahoo.com

31–40 of 223 posts

Re: IBM to pause hiring in plan to replace 7,800 jobs with AI

#31

Nah, they are letting 7800 people go because of poor business practices. The AI thingie is to save face.

Strangely I think they would have saved face better if they said "we are letting 7800 people go due to poor business practices" rather than some BS line about LLMs being ready to replace humans.

Re: IBM to pause hiring in plan to replace 7,800 jobs with AI

#32
post #7

My experience is that there are lots of BS consulting jobs where I would wonder “what do these 10 people do?” This included lots of offshoring companies, like IBM, that seemed more about filling out whatever the budget sheet given to them than actually making software or even any evidence of software (commits, issues, etc). I expect that there are firms out there right now using ChatGPT to produce the facade of work…

Consulting jobs are largely bullshit because their main role is to be a corporate mercenary that makes up solid data supporting the direction that management wants to go. Their job is weaponizing confirmation bias. Relevant: https://twitter.com/ConsultingHumor

That's unfair and inaccurate.

We also serve as convenient scape goats in case risky projects go bad.

Re: IBM to pause hiring in plan to replace 7,800 jobs with AI

#33
post #13

IBM as a company barely makes sense at all at this point. They are a very large and a former tech company that mostly coasts along on doing expensive consulting projects around me-too clones of things that other people have invented just so they can still pretend to be a tech company. So you can do things with AI, cloud, and databases with them. But they aren't really leaders in any of that for a long time. And havin…

That's a very cynical view. It might be true, but I hardly think they were just waiting for the perfect opportunity. If it made business sense before, they would've already been halting their hiring.

They've been going through cycles of doing that for many years. Their head count has dropped by about a third in the last decade. It peaked at 460K people in 2012 and they are now closer to 340K. So -120K people in ten years.

https://www.macrotrends.net/stocks/charts/IBM/ibm/number-of-...

What they just announced is a relatively minor round.

Re: IBM to pause hiring in plan to replace 7,800 jobs with AI

#34

Nah, they are letting 7800 people go because of poor business practices. The AI thingie is to save face.

Strangely I think they would have saved face better if they said "we are letting 7800 people go due to poor business practices" rather than some BS line about LLMs being ready to replace humans.

IBM hasn't been making logical decissions recently (past decade or so) and this fits the pattern. It's actually rather embarassing they even mention the term AI considering they've been playing with it for a while and nothing came out of it. They should stick to low quality consulting and call it a day.

Re: IBM to pause hiring in plan to replace 7,800 jobs with AI

#36
AI will not replace humans. IBM's CEOs and managers will replace humans with AI. Shareholders will force IBM to replace humans with AI. Let us stop blaming the only thing that is _not_ making any decision. Capitalism is a powerful idea that will kill the same people that vouch for it.

Re: IBM to pause hiring in plan to replace 7,800 jobs with AI

#37
post #36

AI will not replace humans. IBM's CEOs and managers will replace humans with AI. Shareholders will force IBM to replace humans with AI. Let us stop blaming the only thing that is _not_ making any decision. Capitalism is a powerful idea that will kill the same people that vouch for it.

This makes as much sense as “guns don’t kill people, people do.”

AI tech is being driven by capitalism. The reason companies are so eager to embrace it is to replace people. If you’re in the AI business or advocating for it, you’re (at least in part) an arms supplier for cutting jobs.

Re: IBM to pause hiring in plan to replace 7,800 jobs with AI

#38
post #13

Earlier quoted context omitted.

That's a very cynical view. It might be true, but I hardly think they were just waiting for the perfect opportunity. If it made business sense before, they would've already been halting their hiring.

A lot of corporations are replacing humans jobs instead of enhancing them with new tech like what the tech gurus say during their TED talks about the benefits of X tech. Another reason to flip cars.

Smart Money flips houses. The Smartest Money flips GPUs.

Re: IBM to pause hiring in plan to replace 7,800 jobs with AI

#39
post #10
post #5

> More mundane tasks such as providing employment verification letters or moving employees between departments will likely be fully automated, Krishna said. ...and if some employees quit out of frustration about being managed by AI (being "moved between departments" at the whim of an AI sounds pretty spooky to me at least), even better!

I doubt there is much of a difference between typical brainless human management, and AI management. Maybe AI is even better, that is at least likely.

It won’t be. AI will be trained on human input, after all. And it will be even harder to appeal or reason against.
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