Big Tech companies form new consortium to allay fears of AI job takeovers
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AI might not be coming for all jobs, but it might be coming for some.
UPS ’s largest layoff in its 116-year history was the result of, in part, new technologies, including AI, CEO Carol Tomé said during an earnings call in February. Meanwhile, IBM plans to pause hiring for roles it thinks could soon be automated by AI, CEO Arvind Krishna told Bloomberg last year.
Workers aren’t optimistic about the future. In a recent survey from McKinsey & Company , 25% of business professionals said that they expect their employer to lay off staff as a result of AI adoption. And, well, their pessimism isn’t misplaced. According to one estimate, around 4,000 workers have lost their jobs to AI since May. And in a poll from Beautiful.ai , which makes AI-powered presentation software, nearly half of managers said that they’re hoping to replace workers with AI.
But a cohort of Big Tech vendors and consultancies — called the AI-Enabled ICT Workforce Consortium (ITC) — aims to push back against the notion that AI will lead to job losses, citing the need for re-skilling and upskilling within the information and communication technology (ICT) industry specifically.
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The ITC is being led by Cisco with support from Google , Microsoft , IBM (conspicuously), Intel Corporation , SAP and Accenture . The ITC’s mandate is to explore AI’s impact on jobs while enabling people to find AI-related training programs and connecting businesses to “skilled and job-ready” workers, a spokesperson said in a briefing.
“The ITC’s unique approach will research and evaluate the impact of AI on specific job roles, including skills and tasks, and recommend training for an AI-enabled ICT workforce,” the spokesperson said. “Consortium members and advisers share a common perspective that a greater sense of urgency is required to understand the impact of AI on key job roles within the ICT Industry.”
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