As its IBM we might see a first here, firing AI's.
you forgot the outsourcing stage: first the ai will be outsourced to a rpi zero w running os/2, and then the product will be cancelled.
IBM to pause hiring in plan to replace 7,800 jobs with AI
141–150 of 223 posts
Re: IBM to pause hiring in plan to replace 7,800 jobs with AI
#142This 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.
This is spot on.
Re: IBM to pause hiring in plan to replace 7,800 jobs with AI
#143This 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.
That is the case for companies that overhired during the bull market. IBM, on the other hand, has been losing employee counts steadily for over a decade.
If a company that people are expecting to be losing relevance does a layoff, it’s still not a good sign.
Re: IBM to pause hiring in plan to replace 7,800 jobs with AI
#144Re: IBM to pause hiring in plan to replace 7,800 jobs with AI
#145Earlier quoted context omitted.
They have seemingly 1000 products so it's definitely not fair to apply experiences with one of those, to all of the others. That said, I've hated the handful of IBM software products I've needed to use. Another anecdote: I've never met a fellow developer that spoke highly of IBM. That includes the folks who used to work there. I think it's remarkable how rare it is to meet someone that speaks highly of the company. C…
"There are two types of companies: the ones people complain about, and the ones nobody has heard of."
In which camp do you put TSMC ?
Re: IBM to pause hiring in plan to replace 7,800 jobs with AI
#146Earlier quoted context omitted.
> 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.
That is the case for companies that overhired during the bull market. IBM, on the other hand, has been losing employee counts steadily for over a decade. If a company that people are expecting to be losing relevance does a layoff, it’s still not a good sign.
I don't even properly know what IBM is now that they spun a bunch of things off.
I guess they tossed all the services/consulting into Kyndryl and everything else got to stay blue.
Re: IBM to pause hiring in plan to replace 7,800 jobs with AI
#147IBM felt to me like the last holdout of the shiny shoed salesmen when I briefly worked for them. Before the internet and big tech companies with leaders who were theoretically technical there were the companies dominated by salesmen because selling was the critical part. I imagine that getting a board to spend a lot of money on some project is hard and you need the support of the kind of people that can influence boa…
How do you think selling is being handled nowadays that the nerd percentage has increased within the companies?
Re: IBM to pause hiring in plan to replace 7,800 jobs with AI
#148IBM 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…
You have no idea what you are talking about. IBM does more cutting edge research than the entire HN bubble combined. Hard research like materials science and semiconductors. Consulting is less than a third of their revenue and regardless of how you feel about consulting, it seems kind of idiotic to claim that this "barely makes sense at all at this point". Are the only companies that make sense the ones that work on…
bro, I'm not holding my breath for the next Benoit Mandelbrot to come out of today's IBM. The comment above might have been hyperbolic, sure, but IBM isn't the omnipresent Goliath it once was. Maybe it's for us older folks that the comparison rings more true.
Re: IBM to pause hiring in plan to replace 7,800 jobs with AI
#149Earlier 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…
NLS came from SRI not Xerox PARC. NLS was in fact commercialized and sold by Tymshare.
https://en.wikipedia.org/wiki/NLS_(computer_system)
Fun fact: funded by ARPA
Re: IBM to pause hiring in plan to replace 7,800 jobs with AI
#150This 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.
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