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Virginia Rometty on technology impact on jobs

From How IBM Is Investing in Human Capital · · Bloomberg Television

“There is no doubt in my mind that this technology will change a hundred percent of jobs. Now I said change hundred because there's a lot of people that want to talk about this job will go away that job will go away. To me that isn't the issue. The issue is that it's going to change how you and I do our work. Almost all of us are going to interact with these technologies and it's happening fast.”

Virginia Rometty
Former Chairman, President & Chief Executive Officer, IBM
technology impact on jobsdigital transformationworkforce disruption

On , Virginia Rometty, Former Chairman, President & Chief Executive Officer at IBM, spoke about technology impact on jobs during How IBM Is Investing in Human Capital on Bloomberg Television.

How IBM Is Investing in Human Capital
Watch on YouTube at 0:26
How IBM Is Investing in Human Capital
Bloomberg Television
Watch on YouTube at 0:26
Sep.20 -- Ginni Rometty, International Business Machines Corp. chair, president and chief executive officer, discusses investing in people and developing their skills amid the rise of new technologies that may replace many jobs. She speaks with Bloomberg's Caroline Hyde on "Bloomberg Markets: The Close."
Virginia Rometty

About Virginia Rometty

Former Chairman, President & Chief Executive Officer · IBM

Ginni Rometty, former Chairman, President, and CEO of IBM, has been speaking about leadership, artificial intelligence, and workforce development. In a 2023 SXSW conversation, she discussed her book "Good Power," which outlines five principles for using power positively. She described her personal background, including her mother's return to community college after her father left the family, as shaping her belief that "no matter how bad it gets there is always a Way Forward." Rometty advocated for a "skills first" movement in hiring, stating that "half the jobs in our country are over credentialed" and that IBM had hired 100,000 people in two years under that approach. She also reiterated her view that AI should "augment Humanity" and be built with "principles of trust and transparency." Earlier in her tenure, Rometty frequently described data as "the world's new natural resource" and argued that cognitive AI would impact every decision within five years. She promoted IBM's "Watson" platform as a tool for domains like healthcare and education, emphasizing that AI systems must be transparent and trained on unbiased data to avoid perpetuating historical biases. Rometty also spoke about the importance of corporate social responsibility, citing an IBM program that grew from a single school partnership to 300 high schools and 150,000 students globally. She has called for public policies that support data movement, skills upgrading, and investment in research, and has stated that companies must balance the interests of customers, shareholders, and communities.

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