FROM WALMART: Walmart has signaled that its 2.1 million-person workforce will remain stagnant over the coming years despite continued revenue growth – as AI changes the workplace.
The company, which is America’s biggest private employer, revealed their head count will remain flat for up to five years earlier this month.
“When we look out two years, three years, five years, where I think we’ll be is: we’ll have roughly about the same number of people we have today and we’ll have a larger business,” Walmart US president John Furner said at a conference in Utah
.Walmart Chief Executive Doug McMillon said earlier this month that artificial intelligence would wipe out jobs as the company reshapes its workforce.
“It’s very clear that AI is going to change literally every job. Maybe there’s a job in the world that AI won’t change, but I haven’t thought of it,” he said during a conference at Walmart’s Arkansas HQ.
McMillon was joined by OpenAI’s chief economist Ronnie Chatterji when he made the remarks.
“AI is just starting to ripple through the job market,” Chatterji. Said. “I think 18 to 36 months, you’re going to see a lot more impact.”
READ MORE AT WALMART
