IBM To Replace 7.800 Jobs With A.I

Discussion in 'Wall St. News' started by Nobert, May 2, 2023.

  1. TheDawn

    TheDawn

    It has begun!! About time!

    'but it cannot completely replace human labor." - But replacing human labour is the whole idea of using robots. What's the point of using robots if we are still going to use human labour alongside them doubling the cost and still no improvement in productivity? The whole idea of using robots is exactly to replace human labour to increase productivity and lower the cost so we get a bit of break in inflation!! You want to have triple-digit interest rate and still have 50% inflation rate?? Cuz that's what's going to be if we stick with human labour. This is exactly the fear during the industrial revolution when human workers were getting replaced by machines but look at it now, 90% of the manufacturing is done by machines and we are all ok.

    "If hiring and firing decisions are based only on AI, there could be a risk of discrimination and exclusion of some categories of workers." -discrimination?? I thought robots are incapable of emotions and feelings so how could they discriminate? Based on what? Merit and ability and what's best for the job?? LOL So finally we are assessing candidates with the criteria of what they should be and that's discrimination? LOL

    People need to get used to it. Eventually we will ALL be replaced by robots just like depicted in the movie "I, Robot". Anybody who hasn't watched that movie should watch it now cuz that's our future eventually. That's the whole idea, with robots doing everything to catapult productivity. Productivity is everything. The country that has the best, most advanced and most efficient robots are going to have the most $$ and be ahead of everybody just like what happened with the Industrial Revolution. The West is still ahead today because they invented machines powered by relatively efficient energy sources and put them to use to mass-produce everything back 2 centuries ago. China has become the 2nd largest economy in the world from a third-world country just 20 years ago because of its large population that it harnessed to serve as cheap labour to mass-produce everything. We in the West don't have the population so the only thing that we have to compensate to increase our productivity is robotics.
     
    Last edited: May 2, 2023
    #31     May 2, 2023
  2. How do people fall for this crap?

    Say I need a toilet installed in my house. A freaking AI and a robot are going to do it?

    I suggest you go try and build a robot to perform an exceptionally simply task, because you seem to have no comprehension of the myriad of difficulties in replacing most jobs with "AI" (+ robots!).

    The power to weight ratio and nimbleness need to carry a toilet up a flight of stairs and manipulate all the required tools would be an impressive feat on it's own. Then there's the necessary machine vision, problem solving and language processing.
    Etc.etc.


    Don't worry, I'm sure that there will be plenty of companies that will take your investment capital and promise amazing things.

    Robots already have changed the world, in areas where it makes sense. Like simple tasks that need to be repeated thousands of times a day. (Put the soup in the can, repeat.).
     
    #32     May 2, 2023
    Zwaen, Drawdown Addict and SteveM like this.
  3. The looks to me like a company that is thin on strategies for the future trying to scoop up money from AI giddy investors.

    Keep in mind this is the same IBM that bought Red Hat at quite a high price.

    I find it funny how this article applys a bunch of action verbs to this "decision" as if it's a real thing that's happening when they have not claimed to have replaced any jobs.

    If I go to their web site, I see 4 job postings for HR.
    https://www.ibm.com/careers/us-en/search/?search=HR&filters=primary_country:CA,primary_country:US
    So much for not hiring because "AI"
     
    #33     May 2, 2023
    Nobert likes this.
  4. Businessman

    Businessman

    The jobs that are the very hardest to replace by AI with be the very last ones to go.
    But at the same time there are going to be so many out of work people retraining for those jobs. So the pay for them will be very low.
     
    Last edited: May 2, 2023
    #34     May 2, 2023
  5. M.W.

    M.W.

    You are kidding right? Absolutely will robots be able to install any type of appliances within a very short period of time. What in your opinion prevents ai trained algorithms and by that extension robots to learn those tasks at record speed when the physical execution via robots are proceeding at record speed?

    In my opinion robots will be able to completely take over most blue collar jobs within the next 5-10 years. By that time will most white collar jobs be covered by algorithms as well. Seriously, can you name a part of installing a toilet that poses any challenge to a robot even today? Are you following what Boston Dynamics is working on? Their humanoids see soon able to perform body motions that are indistinguishable from human motion. Say good bye to hookers to boot with.







     
    #36     May 3, 2023
    monet and TheDawn like this.
  6. You obviously have never installed a toilet and have no clue about it. If you had you would know that normally it has to be installed in a very narrow place and must be connected to the main siphon. There is no way a robot could do that.
     
    #37     May 3, 2023
  7. Zwaen

    Zwaen

    I believe the robot throws a bidet to him

    Besides, AI and robots don't need toilets because digestion is an inferior system, according to AI.
    They will never learn how to do it.
     
    #38     May 3, 2023
  8. monet

    monet

    This is true today.

    Robot companies absolutely will keep developing their robots until they're able to do all physical jobs. Why wouldn't they? Whether that happens in 20, 30 or 50 years, that's an unknown.

    And if you owned a plumbing company, on the day that a robot that was able to do the majority of plumbing work became cheaper than a human employee, what would you do?
     
    Last edited: May 3, 2023
    #39     May 3, 2023
  9. So you show me a video of a robot walking for a whole 50 seconds, carrying no load and using no tools in any confined space?

    What did that robot cost to build and develop? How many years could you pay a plumbers salary instead of developing that robot, which can't do the job we are talking about?

    They won't because there are jobs where it's just not economical to do so. Robots cost money to design, build and maintain, alogrithms also.

    If you get an order for 10 of something you're probably not going to spend $100m designing a robot to do it.... Unless you've got a bunch of dumb "investors" that are going to pay you a multi-million dollar salary to work on it for ten years and then fail.

    Not all engineering challenges are trivial and can be solved in a few years. Just as we don't all have flying cars or portable nuclear reactors, sometimes things don't get magically 100x cheaper and easier just because someone with no experience in the field predicts they will.

    Look at the nuclear powered airplane program. Or the Boeing SST. Or fusion reactors.

    There's a reason we still build houses out of wood instead of boron-epoxy composite.
     
    #40     May 3, 2023