IBM CEO Arvind Krishna on the Potential Impact of AI on Employment: Key Points
Artificial Intelligence (AI) is a prominent subject of discussion in the present era, and it is not without cause. Concerns about job displacement due to AI are prevalent among many individuals, while others perceive it as a catalyst for remarkable progress and time-saving opportunities.
IBM CEO’s perspective on artificial intelligence
Arvind Krishna, who is both Chairman and CEO of IBM, recently shared his thoughts in an interview. He mentioned that AI might affect jobs that involve office work. He explained that such technology, such as generative artificial intelligence and large language models, has the power to make businesses more efficient.
Imagine if the same amount of work could be done with fewer people – that’s what Krishna was talking about. He believes the first jobs to be affected may be jobs that are done in offices, such as people who often wear white-collar shirts, Krishna said, according to CNBC.
Krishna also talked about “demographics”. He said that there may be fewer people of working age in the future. That’s why he thinks we need artificial intelligence – it could help us do more with less, so our lifestyle won’t be affected even if there are fewer workers.
There was a report that said IBM might not hire as many people for certain jobs because AI could do those jobs instead. From this, Krishna clarified that they will not be hiring people for these specific jobs in the next five years. Instead, they might use artificial intelligence “bots” to help people who are already working.
Krishna wants to see AI as a helper, not a replacement for humans. He believes that if we collaborate with AI, we can really make our economy grow.
Takeaway? No need to worry – AI may be more of a partner than a competitor in the workplace.