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Corporations start to feel the bite of AI: IBM, Samsung, and Chegg

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Three high-profile companies said this week that they were making changes to employment, operations, or other facets of business in response to the rise of artificial intelligence-powered tools such as OpenAI's GPT and Google Bard.

Three high-profile companies said this week that they were making changes to employment, operations, or other facets of business in response to the rise of artificial intelligence-powered tools such as OpenAI's GPT and Google Bard.The online education company Chegg said on Monday that ChatGPT has significantly cut into its business.

"The tech manufacturing firm stated on Monday that it intends to pause hiring for thousands of jobs that it intends to replace with AI programs. The jobs most affected would be those with back-office functions, such as human resources."I could easily see 30% of that getting replaced by A.I. and automation over a five-year period," IBM CEO Arvind Krishna told Bloomberg. The company employs an estimated 26,000 people in those roles.

 

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