Salesforce CEO Marc Benioff on AI killing jobs, CEOs should make sure that their...
Artificial Intelligence is rapidly growing and also reshaping the corporate landscape. Recently,
Salesforce
CEO
Marc Benioff
talked about the impact of AI on jobs. Benioff revealed that AI is already handling a lot of workload at Salesforce. Along with this, the Salesforce CEO also emphasised that the CEOs or business leaders now have the responsibility to make sure that their 'values are in the right place' as they move ahead with the transformation.
In a recent interview with Bloomberg, Benioff revealed that presently the AI agents are performing "30% to 50% of all the work" at Salesforce. The AI agents are easily handling functions like software engineering and customer service. He termed this shift a "
digital labor revolution
," noting that AI's accuracy in these tasks can reach as high as 93% for Salesforce.
Benioff adds that this adoption is showing 'amazing results' and 'it also enable the human employees to focus on most nuanced issues and customer relationships,' added Benioff. This means that AI will take over most of the jobs in coming future and human employees will either have to adapt for the new working system or will be forced to move on.
However, Benioff also adds that it is now the CEOs to ensure that their "values are in the right place. Salesforce CEO believes that although AI is taking over a lot of jobs and is also replacing human roles, but it is now the responsibility of business leaders to ensure ethical and moral considerations of this deployment.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
2 & 3 BHK Homes Near Padur, OMR Starting @ ₹72.50 Lakh*
TVS Emerald
Undo
Salesforce fires around 1,000 employees earlier this year
Earlier this year, Salesforce fired around 1,000 employees, while simultaneously hiring for roles focused on selling its AI agent platform,
Agentforce
. A Bloomberg report revealed that the displaced workers were given the opportunity to apply for other positions within the company.
This move came after Salesforce CEO Marc Benioff announced in December 2024 that the company had closed more than 1,000 paid deals for its AI-powered virtual representative platform, "Agentforce". The company had previously laid off about 700 employees in January 2024 and an additional 300 in July 2024.
AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
32 minutes ago
- Time of India
JSW plans Rs 4,000 crore debt sale to fund Akzo Nobel acquisition deal
Indian conglomerate JSW Group is in talks with global lenders to raise about 40 billion rupees ($468 million) to partly fund its purchase of Akzo Nobel NV 's local business, according to people familiar with the matter. Foreign banks including Barclays Plc, Mitsubishi UFJ Financial Group Inc. and Standard Chartered Bank Plc will arrange the debt, which is expected to be denominated in rupees, said the people, who asked not to be identified because the information is confidential. JSW Group has also reached out to international private credit funds including Ares Management Corp, Cerberus Capital Management and Farallon Capital Management though nothing has been finalized yet, said the people. Morgan Stanley, a bank on the acquistion, will also be involved in the borrowing, two of the people said. Play Video Play Skip Backward Skip Forward Mute Current Time 0:00 / Duration 0:00 Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions and subtitles off , selected Audio Track Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Elegant New Scooters For Seniors In 2024: The Prices May Surprise You Mobility Scooter | Search Ads Learn More JSW Group agreed to buy up to 75% of Akzo Nobel NV's Indian business in a deal valued at about $1.6 billion, including debt, as the Indian conglomerate seeks to expand its presence in areas such as paints. A rupee bond deal would be a boon for supply in India's booming local debt market, which year to date has seen issuance of 6.5 trillion rupees ($76 billion), up 28.4% from a year ago, according to data compiled by Bloomberg. Live Events MORE STORIES FOR YOU ✕ JSW Paints inks deal to buy Dulux-owner Akzo Nobel for nearly Rs 9,000 cr, fresh coat of rivalry in over $10 bn market Akzo Nobel India shares surge 11% as JSW Paints to become new owner in Rs 9,400 crore deal « Back to recommendation stories I don't want to see these stories because They are not relevant to me They disrupt the reading flow Others SUBMIT Acquisition financing has been a bright spot for global lenders in India, particularly private credit funds. In the second half of 2024, private credit deals showed a 'strong focus' on such deals, global consulting firm Ernst & Young wrote in a report. The planned debt could be raised in multiple tranches and levels, and the tenor could be up to three years, said the people. The terms and currency of the deal are not yet final and could still change, they added. Ares and Standard Chartered declined to comment. JSW Group, Barclays, Mitsubishi and other lenders did not immediately respond to requests for comment.
Time of India
39 minutes ago
- Time of India
Google launches Doppl app for AI-powered virtual outfit try-ons
Google Labs has rolled out 'Doppl' a new experimental app which is designed to enhance online shopping experience by offering AI-based virtual outfit try-ons. Presently available in the IS, the app allow users aged 18 and above with a Google account to use Doppl. The app enable the users to visualise how clothes would look on them without actually trying them. The Doppl app from Google uses artificial intelligence and allow users to upload a full-body photo of themselves or select any from a pre-existing AI models. After this users can superimpose images to screenshots of tops, bottoms and dresses from their camera roll onto the selected body. The app will then offer an instant virtual fitting of the same. Key features of Doppl include: * Virtual Try-On: The app is designed to merge user photos or AI models with clothing images and generate a comprehensive outfit visualization. * Video Animation: The app can also add dynamic video animations to create looks. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Cuối cùng, chơi miễn phí game chiến thuật hay nhất 2025! Sea of Conquest Phát ngay Undo * Easy Sharing: Users are also allowed to download their virtual try-ons and share them with their friends and family for feedback. * Smart Completions: If an uploaded outfit image is incomplete, Doppl's AI can intelligently generate missing elements such as pants, shoes, and more. Presently, the Doppl app also support tops, bottoms and dresses. Google Labs is also working on further expanding the clothes categories on the app. While the app is accessible on both the App Store and Google Play Store, Android users will find it exclusively available on Pixel devices for now.
Time of India
39 minutes ago
- Time of India
Tech analyst Dan Ives: ‘Microsoft is clearly leading when it comes to.…'
Microsoft is moving ahead of its rivals Amazon and Google in the cloud and hyperscaling sectors, according to Wedbush analyst Dan Ives. Speaking to The Street, Ives said Microsoft is "clearly leading when it comes to hyperscaling and cloud," with its Azure platform playing a key role. Citing strong momentum in artificial intelligence and cloud services, Ives raised his price target for Microsoft's stock to $600. He added that this figure could still be 'conservative.' Growth in AI to reshape Microsoft's value: Dan Ives Currently, only about 20% of Microsoft's business is linked to next-gen cloud and AI technologies. Ives expects this share to increase to 50–60% in the future, which he said could significantly change the company's overall value. While Amazon Web Services (AWS) and Google Cloud are still growing, Ives believes Microsoft's Azure has a clear advantage, helping it outperform its competitors in this space. Microsoft slips to no. 2 as Nvidia becomes world's most valuable company Microsoft was recently dethroned by chipmaker Nvidia that claimed top spot in global market value. Microsoft has a market value of $3.69 trillion, making it the second most valuable company globally, behind Nvidia which has a market cap of $3.77 trillion currently. The company's stock continues to hit record highs amid optimism over its AI and cloud strategy. Apple is at third with a market value of about $3 trillion. Nvidia's rise has been driven by its dominant position in providing chips used in AI systems, including those that power tools like ChatGPT. Its graphics processing units (GPUs) are a key component for training and running large language models. Nvidia CEO Jensen Huang has often emphasized the AI revolution. Speaking during the company's earnings report, Huang said 'The next industrial revolution has begun — companies and countries are partnering with Nvidia to shift the trillion-dollar traditional data centers to accelerated computing and build a new type of data center — AI factories — to produce a new commodity: artificial intelligence'. How to detect hidden cameras in a hotel room, just with your smartphone AI Masterclass for Students. Upskill Young Ones Today!– Join Now
