Home Latest Insights | News As IBM Cuts Jobs, AI Has Started Its Job Dislocation at Scale

As IBM Cuts Jobs, AI Has Started Its Job Dislocation at Scale

As IBM Cuts Jobs, AI Has Started Its Job Dislocation at Scale

Companies are hitting new valuation milestones even as they’re cutting workers. Yes, IBM is firing workers in its marketing and communications unit as the tech giant introduces and deploys AI at scale.

Yes, AI is doing its thing as automation and machine intelligence move to the next phase: “The prospect of mass automation looms large, as the report suggests that 18% of all work around the globe could potentially be replaced by machines, with the most advanced economies being hit the hardest. It is worth noting that AI is projected to add a staggering $16 trillion to the global economy by 2030.”

But it should not surprise us when you remember the Stage which was one of the most politically lethal adverts created by Obama against Mitt Romney. In that ad, men built a stage to host a town hall meeting for a new owner, and Romney walked on that stage to fire them. They never forgot how they prepared, worked hard, to build that stage, only to be fired on that stage!

Tekedia Mini-MBA edition 14 (June 3 – Sept 2, 2024) begins registrations; get massive discounts with early registration here.

Tekedia AI in Business Masterclass opens registrations here.

Join Tekedia Capital Syndicate and invest in Africa’s finest startups here.

As we make AI better, AI will create job redundancies in many companies even AI opens new vistas of opportunities.  #Prepare and #relearn. AI is coming!


---

Register for Tekedia Mini-MBA (Jun 3 - Sep 2, 2024), and join Prof Ndubuisi Ekekwe and our global faculty; click here.

No posts to display

Post Comment

Please enter your comment!
Please enter your name here