New Delhi (India), May 2, 2023: International Business Machines Corp (IBM) intends to impose a hiring block for specific roles, as the business anticipates that artificial intelligence (AI) would replace an estimated 7,800 employment in the IT industry.
Arvind Krishna, company’s CEO, announced these ambitions in an interview with Bloomberg News on Monday. The CEO stated that the recruiting hold at IBM will mostly effect back-office departments such as human resources, administration, and so on.
He stated that during the next five years, AI and automation might replace approximately 30% of non-customer-facing roles.
According to the CEO, IBM’s personnel reduction approach may involve not filling posts left vacant due to attrition.
Following the November launch of OpenAI’s ChatGPT, a viral chatbot backed by Microsoft, there has been a surge in interest in AI. The AI-powered chatbot has received widespread attention, demonstrating AI’s potential to disrupt a variety of industries, including software development.
According to industry insiders, AI has been making gains in software development, automating processes and considerably enhancing the productivity of the development process. As AI advances, it is expected that a growing percentage of software development duties will be performed by AI systems, significantly altering the industry environment and job opportunities.
