During a call with investors on Wednesday night, Cisco executives discussed the layoffs further, with CFO Mark Patterson saying, “This was really not a savings-driven restructure,” according to a transcript of the call. “Things are moving incredibly fast right now,” he said. “And this is more realigning from an already strong base, as you’re seeing… Read More: Cisco announces record revenue and 4,000 layoffs in the same… »
In five years, you won’t be able to spell IT without AI, Gartner predicted today. VP analysts Alicia Mullery and Daryl Plummer delivered the sentiment at their keynote address at Gartner’s IT Symposium in Gold Coast, Australia, as reported by The Register. Gartner believes that by 2030, all work performed by an IT department will… Read More: AI will consume all of IT by 2030—but not all… »
On Wednesday, the World Economic Forum (WEF) released its Future of Jobs Report 2025, with CNN immediately highlighting the finding that 40 percent of companies plan workforce reductions due to AI automation. But the report’s broader analysis paints a far more nuanced picture than CNN’s headline suggests: It finds that AI could create 170 million… Read More: AI could create 78 million more jobs than it eliminates… »
Artisan CEO Jaspar Carmichael-Jack defended the campaign’s messaging in an interview with SFGate. “They are somewhat dystopian, but so is AI,” he told the outlet in a text message. “The way the world works is changing.” In another message he wrote, “We wanted something that would draw eyes—you don’t draw eyes with boring messaging.” So… Read More: AI company trolls San Francisco with billboards saying “stop hiring… »
Enlarge / Tyler Perry in 2022. reader comments 161 In an interview with The Hollywood Reporter published Thursday, filmmaker Tyler Perry spoke about his concerns related to the impact of AI video synthesis on entertainment industry jobs. In particular, he revealed that he has suspended a planned $800 million expansion of his production studio after… Read More: Tyler Perry puts $800 million studio expansion on hold because… »
Enlarge / The IBM logo in front of an AI-generated background. IBM / Midjourney reader comments 159 with IBM Chief Executive Officer Arvind Krishna has revealed plans to pause hiring for about 7,800 positions that could be replaced by artificial intelligence systems over time, according to a Bloomberg news report published Monday. Krishna said that… Read More: IBM plans to replace 7,800 jobs with AI over time,… »