IBM using AI as an excuse to pause hiring is pretty funny.
They’re the least innovative company in the technology space and exist purely to service all the old shit they flogged to governments for decades which is too old and embedded to be ripped out.
This is pure narrative spinning and has little bearing on the reality which is their revenue is going to drop as governments have to refocus their spending to deal with economic fallout. 
Yeah, but for stuff that has been outdated for decades, an AI is going to be the only option as no person wants to work on it. An AI has decades of info to source to find a fix. Technology will bury the technology.
But yeah, IBM's reasons are probably fiat reporting bullshit.
May 1st was the Labor Day in the eastern part of Europe. Perfect timing!🤦♂️
Not an ibm fan, but where do you think virtual machines and automations came from? z/vm came out in the 80s doing what VMware redeveloped in the late 90s. FedNow will likely use z machines and ibm's cloud division to support that crap. Add the fact AI could be plugged in relatively easy and we have something to be wary of. A lot of the innovative tech from other tech companies was already running in shops using mainframes.
Kind of proving my point - IBM haven’t done anything new for decades and crediting them with inventing stuff in the 80s/90s is like pointing out Kodak invented the digital camera and then entirely failed in that field..
Their ‘cloud division’ is just RedHat. That was essentially a reverse merger so they could leverage IBM incumbency, not expecting anything interesting to come out of there.
But they didn't fall out and are still here, so not like Kodak at all. And all the other cloud services providers are using other flavors of Linux too, not sure what that proves. Again, I'm not a fan of IBM but if you think they are any different from AWS, Azure, or Oracle they aren't. Do you mean split? Reverse merger sounds like a weird way of saying split. My cousin was involved with the IBM cloud services division. I worked at an Enterprise that utilized mainframes and most of the cloud services provided today.
Also, cloud was made up to mean 'not your data center'. 300x300 tiles in our data center, cloud shit took up 75% of the space and the mainframes took up 5%. The cloud shit was basically mid-range utilizing apis to talk to the mainframes. Cloud is really a joke but everyone bought it.
Exactly, they are trying to use required cost cutting as marketing for their non-existent AI offerings.
Bonus points if they can get the government to interfere with their competent competitors so they can beat them in the one arena they might have an advantage: regulatory capture.
