IBM to replace 8,000 workers with AI automation; no more new hires for roles that can be filled by AI

Last month, Goldman Sachs predicted that the growth and expansion of artificial intelligence (AI) will eventually lead to about 300 million layoffs among highly-paid, non-menial workers both in the United States and Europe. And IBM is already leading the way into this new robot economy by announcing plans to lay off nearly 8,000 higher-paid workers, all of whom will be replaced by automation. Goldman chief economist Jan Hatzius explained, using data on occupational tasks both in the