Until a few months ago, the whole concern about machines taking over human employment revolved around automation and robots/humanoids. The introduction of ChatGPT and other generative artificial intelligence (AGI) models has triggered a real and more serious threat.
What started as a conversational tool through prompts is expected to replace human labor in specific industries, beginning with IT/software/tech and media/creative companies, as well as new-age platforms serving the digital economy.
However, it is still early days for AI based on large language models (LLMs) to take away employment across the spectrum, although particular hints have emerged.
IBM CEO Arvind Krishna told Bloomberg in an interview this week: “I could easily see 30 percent of jobs getting replaced by AI and automation over a five-year period.”
With about 26,000 employees, AI might replace nearly 7,800 jobs in the future years. This change, however, will not be rapid, and IBM will initially halt hiring for roles that it believes could be replaced by AI, notably those in back-office or non-customer-facing roles, according to its CEO.
According to Arundhati Bhattacharya, CEO and Chairperson of Salesforce India and a former SBI Chairperson, generative artificial intelligence is a blessing in disguise since it can elimina
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