PHIBM Chief Executive Officer Arvind Krishna has revealed plans to pause hiring for about 7,800 positions that could be replaced by artificial intelligence systems over time, according to a You do not have permission to view the full content of this post. Log in or register now. published Monday.
Krishna said that hiring in back-office functions like human resources will be suspended or slowed, affecting roughly 26,000 non-customer-facing roles. That will include not replacing current roles vacated by attrition. "I could easily see 30 percent of that getting replaced by AI and automation over a five-year period," Bloomberg quoted Krisha as saying in an interview.
The announcement comes at a time when generative AI chatbots like You do not have permission to view the full content of this post. Log in or register now. have stirred anxiety about the future of human jobs. In March, Goldman Sachs released a You do not have permission to view the full content of this post. Log in or register now. estimating that generative AI may "You do not have permission to view the full content of this post. Log in or register now." 300 million jobs to automation, which means those roles might be reduced or replaced by AI systems.
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