Tag: jobs

IBM is closing a major research division in China, impacting over 1,000 jobs and moving to other locations, such as Bengaluru, India. The company is shutting down two business lines focused on research and development and testing. Instead, IBM will shift its focus to serving private enterprises and select multinational companies operating in China. This […]

Zurich: During a conference in Zurich, Christine Lagarde, Managing Director of the International Monetary Fund (IMF), forecasted that artificial intelligence (AI) would influence 60% of jobs in advanced economies and 40% globally within two years. Lagarde noted that while effectively managed, AI could substantially boost productivity, its unchecked proliferation could exacerbate misinformation and social inequality. […]