IBM CEO announces plans to replace 7,800 jobs with AI and automation.

In a recent interview, IBM CEO Arvind Krishna revealed plans to pause or slow hiring for back-office positions that could be replaced by AI, such as HR, affecting around 26,000 positions in the workforce. Krishna predicts that around 30% of these roles could be replaced by AI and automation over the next five years, amounting to 7,800 human jobs. IBM is still hiring for customer-facing and software development roles. While new research suggests that AI can supplement labor, executives still view the workforce as disposable. Walmart has reportedly been using an AI chatbot to negotiate prices, with 75% of suppliers preferring to negotiate with a machine rather than a human.