IBM halts hiring for roles that could be replaced by AI: Bloomberg

IBM plans to halt hiring for roles that could be replaced by artificial intelligence (AI) in the near future, potentially leading to a 30% workforce reduction in back-office functions within five years. As one of the largest workforce strategies announced in response to advancing technology, IBM will automate tasks such as employment verification letters and moving employees between departments. In Singapore, concerns have been raised about the impact of AI on the country’s workforce, with opposition parties questioning the creation of new jobs and the preparedness of the education system to cope with rapid changes brought about by AI.