Ginni Rometty, International Business Machines Corporation (NYSE:IBM) (IBM) Chairman, CEO, and President, has recently addressed President-elect Donald Trump in an open letter, outlining the possible ways on how his administration can create and keep jobs in the US.
IBM and Donald Trump have long had an ongoing dilemma about bringing employment opportunities outside the US and Rometty finally speaking up might be the key to solving the issue.
Patching Up IBM and Donald Trump Problem
IBM and Donald Trump can actually work hand-in-hand to provide better opportunities to the constituents of the new US administration. Rometty believes that prosperity can be accomplished if one of the country’s leading technology industry players and the government can collaboratively build on constant efforts to improve people’s lives.
“I am writing to offer ideas that I believe will help achieve the aspiration you articulated and that can advance a national agenda in a time of profound change,” said Rometty in her open letter.
According to Rometty, creating new collar jobs is one way to reduce the unemployment rate in the US. There is so much room for new collar jobs, especially in the technology industry. A four-year degree will no longer be much of a requirement. What matters the most, as Rometty notes, is relevant set of skills and ample vocational training.
Rometty has also emphasized the ongoing shift to the Internet of Things (IoT). As more and more devices get connected, the US needs to invest more in innovative infrastructures in order to leverage the benefits of IoT. Consequently, there is also a need to heighten cybersecurity as the US moves forward. Improving cybersecurity and building new facilities will, of course, create more jobs.
Moreover, Rometty has highlighted the importance of showing gratitude to veterans by giving them the best healthcare provision. Recently, the company has launched a pilot program to help the Department of Veterans Affairs treat 10,000 veterans through Watson. Rometty hopes to further the efforts in cooperation with the new US administration.
IBM and Donald Trump potentially working together towards a better America might also lead to a harmonious collaboration between the technology industry and the new administration.
IBM has closed Tuesday’s session at $158.67, up by 0.29%.
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