Walmart, the biggest private employer across the United States, is grappling with challenges arising from the AI-powered transformation of the labor force. Doug McMillon, CEO of Walmart, remarked that AI is set to revolutionize every job role. Walmart has outlined plans to sustain a global workforce of roughly 2.1 million employees over the upcoming three years. However, the mix of job roles within this workforce will experience substantial shifts.
Company executives have thoroughly evaluated the ramifications of AI on the workforce during high-level strategic planning sessions. They have already rolled out chatbots and harnessed AI to monitor supply chains and identify product trends. Following the automation of certain warehouses, there has been a reduction in job positions, but this has also paved the way for the creation of new roles. It is expected that staffing levels will rise in specific areas.
Other enterprises in the business landscape are also forging ahead with their AI transformations, with a growing number of cautionary notes being sounded regarding AI-induced layoffs. Nevertheless, numerous executives maintain that the U.S. labor market remains robust and do not foresee AI triggering widespread unemployment.