Artificial Intelligence (AI) is changing the world, so it is to no surprise that AI is changing human resources’ roles as well, especially at IBM. Virginia “Ginni” Rometty, the Chair, CEO, and President of IBM expects “AI to change 100 percent of jobs within the next 5 to 10 years”. IBM receives more than 8,000 applications daily and have designed their own AI system to use for employee retention, which has already saved them $300 million in retention costs. Their new system has a 95% accuracy in predicting the employees ready to leave their current positions.
This means HR departments are getting reworked and redesigned to abandon traditional methods and incorporate AI. Rometty reports they have downsized their HR departments by 30% – but the remaining jobs are higher paying and provide higher value work because AI systems are more effective system than human-led HR departments.
Rometty says these changes are part of “meaningful” AI practices because it is touching all parts of the workforce for the better and emphasizes that “you need to put AI through everything you do”.
Rometty sets a great example for all women in technology by changing the industry time and time again. Adam Bryce is a female owned and operated business, certified by the Women’s Business Enterprise National Council, so we are thrilled to see women in emerging technologies generating such success.
To read more about IBM’s AI revolution click here and here.