Where Will IBM Be in 3 Years? | The Motley Fool
IBM's AI business is one of those overnight success stories that were years in the making. Check out where Big Blue is going next -- and how.
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IBM's AI business is one of those overnight success stories that were years in the making. Check out where Big Blue is going next -- and how.
Tech stocks go ever higher, but how much of that is due to real gains and how much is because of layoffs done in the foolish hope that generative AI tools can replace workers?
Meanwhile, IBM plans to pause hiring for roles it thinks could soon be automated by AI, CEO Arvind Krishna told Bloomberg last year. According to one estimate, around 4,000 workers have lost their jobs to AI since May. This cohort, called the AI-Enabled ICT Workforce Consortium (ITC), is being led by Cisco with support from Google, Microsoft, IBM (conspicuously), Intel, SAP and Accenture.
Cisco, IBM, Accenture and others join forces to address AI's impact on the workforce - SiliconANGLE
The Software segment is IBM's biggest source of revenue and profits.