IBM CEO Says Automation Won’t Decimate Job Market

7. October 2015

Date: 07-10-2015
Source: The Wall Street Journal

IBM has formed a new business unit to advise companies on using its Watson artificial-intelligence software

Rometty CCIBM CEO Virginia Rometty

ORLANDO, Fla.—The rise of cognitive technology, or machines that can approximate the way people think, will lead to big changes in how people work and in the economy itself, International Business Machines Corp. CEO Virginia Rometty said Tuesday.

“This is not about replacing people. It is about augmenting what man does…this helps us do things we couldn’t do,” Ms. Rometty said Tuesday at the Gartner Symposium, a gathering of CIOs and business technology professionals.

IBM made news today with the announcement of a new 2,000-person consulting unit, the Cognitive Business Solutions Group, that will help businesses make use of Watson , a decision-support platform the company hopes to apply to a range of industries such as health care. The thesis is that there’s too much information for even a well-educated professional in health or law or just about any area to master, and the artificial intelligence and other algorithms at the heart of Watson can provide answers far more quickly than can the human mind. Read the rest of this entry »