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Why the CEO of Walmart says that AI will not lead to lower numbers

Walmart US operations employ around 1.6 million people today. And if the instincts of the CEO of Walmart US John Furner are right, this number will hold in the years to come, despite all the discussions on the way in which the growing use of artificial intelligence (AI) could decimate jobs in the economy.

“When we look at two years, three years, five years old, where I think we will be, is that we will have about the same number of people we have today,” fortune of fortune on Brainstorm Tech in Park City, Utah on Tuesday. But, he added, Walmart will have a larger company, which means that the payroll employees of the largest US employer will be on a more productive basis than now.

Last year, US Walmart’s revenues increased by 4.7% to 462.42 billion dollars because it took its shares of its competitors like Target and Kroger. And last month, the retailer said that he was now expecting sales growth in the United States up to 4.75% for the full financial year on the strength of a first blooming quarter.

Concretely, although the same workforce has a higher sales line, which means that many jobs will disappear effectively. But, said Furner, many ancient roles will be replaced by news within Walmart. As an example, he cited as an example a managing director called Maurice in Brooksville, Florida. This employee spent about two decades loading trucks, but now said Furner, he heads a team of Bot technicians and his work, including printed circuits, and changes battery.

“We extend the career of people and these jobs pay better. The attrition rates are really low,” said Furner at the conference. To encourage workers to adopt AI and see it as a way to growth and employment opportunity, Walmart has announced a certification program with an open AI.

Another way that AI changes how Walmart Store employees spend their day: an agent quickly makes a detailed list of tasks to do in quarters, which used someone to someone 45 minutes a day. “Now when they enter, they say,” Here’s who is going to be in the building this evening. Here the
The most important things we can do. We have a suggestion for assignments, ”explains Furner.

There are also agents who advise sellers of the Walmart market and others who work with Walmart Merchants to provide information on what to store, what to organize and where to place it in the store, reducing the time necessary to perform these tasks in the pre-Aui world.

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