58: Chris Riegel discusses how artificial intelligence (AI) and robotics are transforming labor, citing modest IBM layoffs but predicting heavy impacts in large retail. Advanced robotics in Chinese auto manufacturing drives cost efficiency, and AI combined wi
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 7 November 2025
⏱️ 11 minutes
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| 0:00.0 | This is CBSI on the world. I'm John Batchel. I welcome my good friend and colleague Chris |
| 0:13.8 | Regal, CEO of Scholar.com, a global technology firm, business on all the major continents, |
| 0:20.1 | eyes on the consumer. |
| 0:22.1 | We turn to some of the consumers at the high end. |
| 0:26.4 | CNBC headline. |
| 0:27.7 | IBM cutting thousands of jobs in the fourth quarter. |
| 0:31.8 | IBM will lay off thousands of employees. |
| 0:34.6 | A 1% cut globally could impact nearly 3,000 employees. |
| 0:39.0 | The hardware, software, and services, writes CNBC, said it expects U.S. headcount to stay |
| 0:45.2 | flat year over a year. |
| 0:47.7 | Is there an interpretation? |
| 0:49.3 | Is this a recession? |
| 0:50.4 | What does this mean about IBM's business? |
| 0:53.5 | Chris, a very good evening to you. The last time I |
| 0:55.7 | checked, IBM's doing just fine. Thank you very much. Therefore, the logical answer to this |
| 1:01.7 | thousands of cuts of the high end, these are not clerks, these are IBM approved employees, |
| 1:09.2 | is AI. Is it too early for AI to sweep into IBM? |
| 1:13.4 | Good evening to you. |
| 1:15.1 | Good evening, John. |
| 1:16.0 | It's likely having some impact, but these numbers relative to the scale of IBM are still |
| 1:21.0 | relatively small. |
| 1:22.6 | If you look to job resets or layoffs at Amazon, other resets that will be coming in large retail customers |
... |
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