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The Latest Breaking News from Arvind Krishna

IBM's CEO, who froze hiring for thousands of roles and said A.I. could replace 50% of new jobs, just piled into a $4.5 billion unicorn's massive new funding round

Fortune

IBM CEO who plans hiring pause for 7,800 jobs due to A.I. says the world will be worse without the technology. 'Otherwise quality of life is going to fall'

IBM CEO Arvind Krishna says A.I. will help keep worker productivity high, even as demographic trends point to a shrinking workforce.

Fortune

A.I. like ChatGPT will replace millions of jobs—or make your job ‘more human,’ says a new report

The report, by ServiceNow and Pearson, says A.I. will “augment” millions of jobs by letting employees be more creative and analytical, but warns of shortsighted companies that don’t retrain workers whose jobs are eliminated.

Fortune

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OpenAI CEO Sam Altman: A.I. ’good at doing tasks’ but terrible at doing whole jobs—for now

Your job is more likely to change than vanish as A.I. handles tasks you once did, Altman says, at least in the short term.

Fortune

Will AI free us from drudgery – or leave us jobless and hungry?

Artificial intelligence promises more leisure and creativity for workers. But at the same time, corporations are clamping down on unions and making plans to replace their expensive human employees, writes Arwa Mahdawi

The Guardian - UK

IBM CEO Arvind Krishna points to declining populations to calm fears about A.I. taking jobs

Employees doing routine tasks that A.I. can perform is “not an option” given population declines, argues the IBM chief.

Fortune

Google's Sundar Pichai thinks A.I. will spur 'big societal labor market disruptions'

The Google CEO thinks A.I. could have a massive impact on the labor market—he also thinks A.I. is the most "profound" thing that humanity is working on.

Fortune

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A.I. as ‘amplification intelligence’ will be part of ‘every professional activity’ within 2 to 5 years, says Reid Hoffman

The Greylock partner and early OpenAI investor says A.I. is "off-the-charts amazing" in amplifying what someone can do.

Fortune

IBM's CEO says its new A.I. tools will be able to do '30 - 50%' of 'repetitive' office work after indicating his own company will pause some hiring

Arvind Krishna thinks A.I. will become integral to many office tasks.

Fortune

IBM re-enters the A.I. race with watsonx, a tool that trains A.I. on companies' private data

IBM's watsonx lets companies train custom A.I. without compromising data privacy.

Fortune

IBM believes 7,800 members of its staff could be replaced by AI

Though not the PC Gamer staff. Not yet, anyway.

PC Gamer

IBM CEO says working from home won't get you anywhere

Working from home threatens your career prospects, says IBM CEO Arvind Krishna, expecting more workers to ditch their home office.

TechRadar

IBM CEO says we ‘work better together’ while announcing plans to cut jobs that A.I. can do

IBM CEO Arvind Krishna appears to imagine a world of harmony between robots and workers, at least in his office.

Fortune

A.I.’s threat to jobs is not hypothetical—just ask IBM

IBM sees a lot of its roles going to chatbots in the near future.

Fortune

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TechRadar

IBM pauses hiring push in favor of using AI

IBM now reckons AI could replace one-third of its back-office workers in the next five years, leaving thousands jobless.

The Guardian - AU

‘Godfather of AI’ Geoffrey Hinton quits Google and warns over dangers of misinformation

The neural network pioneer says dangers of chatbots were ‘quite scary’ and warns they could be exploited by ‘bad actors’

Fortune

IBM CEO: ‘Today’s workforce should prepare to work hand in hand with A.I.'

People working together with A.I. will have a transformative effect on our economy and society, writes IBM CEO Arvind Krishna.

Fortune

The CEO of IBM says A.I. is going to replace ‘clerical white-collar work’ but it could be ‘a good thing’ for the looming population crisis

A.I. is set to be a disruptive force for the labor market, but that might actually be a good thing.

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Bangkok Post

IBM to cut 3,900 jobs as it reorganises business

NEW YORK: IBM will slash some 3,900 jobs, slightly more than one percent of its workforce, related to businesses it has divested, a source close to the matter told AFP on Wednesday.

Fortune

Biggest CEO successes and setbacks: 2022’s triumphs and 2023’s challenges

How the likes of Satya Nadella, Elon Musk, Mark Zuckerberg, and Cathie Wood did in 2022–and the challenges that await them in 2023.

Fortune

IBM CEO Arvind Krishna's best career advice is to live every day ready to be fired

"You should never be in fear of taking one or two steps back."

Tribune News Service

IBM posts highest sales growth in a decade, cuts cash-flow estimate

International Business Machines Corp. lowered its forecasts for free cash flow this year due to the impact of a strong dollar and the loss of business in Russia, sending the shares down.

Benzinga

Here's Why Morgan Stanley Is Bullish On IBM

Morgan Stanley analyst Erik Woodring upgraded the rating on International Business Machines Corp (NYSE:IBM) to Overweight from Equal-weight, with a price target boost to $150 from $147 (16% upside). Woodring saw IBM as a reliable "defensive play" amid more significant risks in the tech sector. IBM will likely outperform in Q1 in a scenario of…

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