The rise of artificial intelligence is likely to see tech giant IBM hire thousands fewer people over the next five years, potentially reducing its need for office space.
IBM CEO Arvind Krishna told Bloomberg that back-office functions like HR would be paused in many cases because the roles can be undertaken by AI. He said the company employed about 26,000 people in noncustomer-facing roles, and about a third of these, or 7,800 people, could be replaced by AI or automation.
At about 100 SF per person, that equates to about 780K SF of office space that could become obsolete for the company. IBM employs 260,000 people in total,…
Source: AI Will Mean Fewer IBM Staff To Fill Office Space (For Now)