IBM, a global leader in technology, intends to stop hiring people in the near future for thousands of positions that it believes artificial intelligence can handle.
CEO Arvind Krishna, confirmed this in a statement on Tuesday.
In an interview, Krishna stated that during a five-year period, 30% of the approximately 26,000 non-customer-facing occupations, such as human resources jobs, might be replaced by AI, resulting in a loss of about 7,800 jobs.
The replication of human intelligence functions by machines, particularly computer systems, is known as artificial intelligence.
Expert systems, natural language processing, speech recognition, and machine vision are some examples of specific AI applications.
“More mundane tasks such as providing employment verification letters or moving employees between departments will likely be fully automated.
“Some HR functions, such as evaluating workforce composition and productivity, probably won’t be replaced over the next decade,” Krishna said.
IBM announced job cuts earlier this year that, when finished, would affect around 5,000 employees.
However, according to Krishna, IBM increased its overall workforce by about 7,000 people in the first quarter.