IBM to Halt Hiring as AI Could Replace 7,800 Jobs, CEO Warns

IBM CEO Arvind Krishna has stated that the company expects to pause hiring in some roles as AI and automations are set to replace around 30% of non-customer-facing jobs in the next five years. Back-office functions like HR are expected to be particularly impacted. This development comes amid a growing interest in AI and automation, as evidenced by Microsoft-backed OpenAI's recent chatbot launch.

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