Friday, June 16, 2023

The New IBM Fungibles

IBM has announced they are going to replace 7,800 jobs with AI. That is quite a few people. IBM is vast though at around 260,000 employees. 

Ah the IBM fungibles. First they were laid off and replaced with other fungibles. Now they are laid off to be replaced by AI and bots. Still there, and will be in great numbers. There are many thousands of them remaining. Still going to work at IBM, still grinding, still getting paid. At IBM and through tech.

Life on the 80 side of the 80/20 rule. Under the Pareto principle, the top 20% of contributors generate 80% of the end user value. The fungibles are the other 80% of contributors. Still useful, able to generate billable hours, can complete many tasks and make real contributions to delivery, in great numbers. Always under that bit of pressure though. The outsourcing craze of the early 2000s, seen as interchangeable and replaceable with each other, now the AI craze for this decade.