Thread regarding IBM layoffs

Tech giants hatch a plan for AI job losses: Reskill 95 million in 10 years

A consortium that includes Google, IBM, Intel,
and Microsoft has a lofty goal: Reinvent the
careers of workers whose jobs may be lost to
AI.

It's all part of the plan.

https://www.zdnet.com/article/tech-giants-hatch-a-plan-for-ai-job-losses-reskill-95-million-in-10-years/

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Post ID: @OP+1s3B15Hn

8 replies (most recent on top)

If you look at the 5500 IRS forms that IBM is required to fill out, the USA workforce has shrunk considerably over the last 4 years These are plan year numbers thus approx 6-9 months behind. Plan year 2023 should be reported in the August of 2024 time frame
2022 = 55k
2021 = 64k
2020 = 69k
2019 = 73k
2018 = 78k
2017 = 82k
This does not bode well for USA reskilling With the 3900 layoff in 2023 along with Watson Health sale, I expect 2023 numbers to be down by 5-6k. With the 2024 layoffs and 1 billion of extra savings along with “weather getting sold” I expect another 8k to be gone.

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Post ID: @6xtz+1s3B15Hn

I know 2 roles that AI can replace tomorrow - the CEO and CHRO roles!

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Post ID: @6kxp+1s3B15Hn

"[ ... ] the companies said they first plan to look at how AI has impacted 56 unidentified job roles that make up 80 percent of the top 45 job titles [ ... ]"

I already have the answers to the AI's impact on these 56 unidentified job roles question:

  1. Unsolicited shopping recommendations.
  2. AI-generated SPAM. Increased SPAM productivity by 183%.
  3. High-school (barely) level answers to general common knowledge questions.
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Post ID: @1czw+1s3B15Hn

@nbb You are correct Why would you reskill in a high labor cost country, when low labor cost countries offer 2-3x the labor for the same price. (ahhh cheap bandwidth makes labor a commodity). IBM has already demonstrated it only cares about costs, not location. You can’t expect IBM to change its behavior as cost drives all decisions.

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Post ID: @1fqz+1s3B15Hn

Sure they’ll “reskill” them lol

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Post ID: @1ucr+1s3B15Hn

Does that include giving the middle digit to IBM?

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Post ID: @rjc+1s3B15Hn
IBM said it plans to "skill 30 million individuals
by 2030 in digital skills, including 2 million in AI."

"Digital skills"? Nothing like being opaque and nebulous.

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Post ID: @jrf+1s3B15Hn

It will all happen in India.

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Post ID: @nbb+1s3B15Hn

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