As its IBM we might see a first here, firing AI's.
IBM to pause hiring in plan to replace 7,800 jobs with AI
131–140 of 223 posts
Re: IBM to pause hiring in plan to replace 7,800 jobs with AI
#132This is just using the AI hype as cover to not get slammed by the markets. If they came out and said "We are pausing hiring..." the markets would rightly be like "Man they are screwed..." Expect to see more of this from zombie companies in the future, as long as they spend $20/mo on a ChatGPT subscription somewhere they are probably not violating SEC disclosures either.
IBM is a public company, doesn't that mean they have to give some details to shareholders? I would hope so, this is a big ambitious plan, I hope they have to present an actual plan somewhere. You can't just say stuff, right?
Re: IBM to pause hiring in plan to replace 7,800 jobs with AI
#133Earlier quoted context omitted.
What good is a R&D performed that can't be commercialized? To me, that is just good research followed by bad development. No one investing in IBM is expecting it to be a public works project. Lookup the saga of HP's memristor followed by "The Machine" for a similar story.
> What good is a R&D performed that can't be commercialized? Then I guess we can throw out Xerox Parc's NLS because they never commercialized "windows, hypertext, graphics, video conferencing, the computer mouse, word processing, dynamic file linking, revision control, and a collaborative real-time editor." They were commercialized by others later on. https://en.wikipedia.org/wiki/The_Mother_of_All_Demos We can also…
NLS came from SRI not Xerox PARC. NLS was in fact commercialized and sold by Tymshare.
Re: IBM to pause hiring in plan to replace 7,800 jobs with AI
#134Now IBM will be able to create solutions so complex that even their own people don’t understand them.
Idk how fair that is but reminded me of the email fiasco some time ago: https://news.ycombinator.com/item?id=27706128
Re: IBM to pause hiring in plan to replace 7,800 jobs with AI
#135Even if it's true that 7,800 jobs at IBM could in principle be replaced with AI, there's no way IBM has the AI chops to accomplish that.
Re: IBM to pause hiring in plan to replace 7,800 jobs with AI
#136This is just using the AI hype as cover to not get slammed by the markets. If they came out and said "We are pausing hiring..." the markets would rightly be like "Man they are screwed..." Expect to see more of this from zombie companies in the future, as long as they spend $20/mo on a ChatGPT subscription somewhere they are probably not violating SEC disclosures either.
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Re: IBM to pause hiring in plan to replace 7,800 jobs with AI
#137This is just using the AI hype as cover to not get slammed by the markets. If they came out and said "We are pausing hiring..." the markets would rightly be like "Man they are screwed..." Expect to see more of this from zombie companies in the future, as long as they spend $20/mo on a ChatGPT subscription somewhere they are probably not violating SEC disclosures either.
> If they came out and said "We are pausing hiring..." the markets would rightly be like "Man they are screwed..."
This hasn't been the case with the ongoing tech layoffs though? Investors for the most part congratulate these companies for diligently cutting costs in preparation of a recession.
Re: IBM to pause hiring in plan to replace 7,800 jobs with AI
#138[deleted]
Re: IBM to pause hiring in plan to replace 7,800 jobs with AI
#139Earlier quoted context omitted.
> What good is a R&D performed that can't be commercialized? Then I guess we can throw out Xerox Parc's NLS because they never commercialized "windows, hypertext, graphics, video conferencing, the computer mouse, word processing, dynamic file linking, revision control, and a collaborative real-time editor." They were commercialized by others later on. https://en.wikipedia.org/wiki/The_Mother_of_All_Demos We can also…
> We can also throw out most psych, social science Yes.
First at all, they had to be called 'sciences'. They aren't.
Re: IBM to pause hiring in plan to replace 7,800 jobs with AI
#140Its easy to make a headline by claiming AI will eventually replace people you never intended to hire anyway
And strangely, they never replace CEOs, who earn more than 200 times what workers earn. One would think, that would be a priority.