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AI has mixed impact on the workforce of Swiss companies

The use of artificial intelligence in Swiss companies is widespread but the impact on the labour market is still unclear. According to a survey by consultancy firm EY, around 7% of companies have already cut jobs due to AI. In addition, 11% had not filled vacant positions due to AI, EY reported on Wednesday. +Get the most important news from Switzerland in your inbox At the same time, however, 18% of respondents stated that additional jobs had been created in their company in connection with AI. For example, in the areas of data science or AI engineering. The high proportion of 42% were unable to give a clear assessment of the impact of AI on the workforce. EY concludes that many companies are still in an early phase of transformation. At this stage, it is not yet possible to conclusively assess the specific effects of AI on the workforce. However, the use of artificial intelligence in companies is widespread: In the survey, only 3% of the employees questioned stated that AI use ...

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AI has mixed impact on the workforce of Swiss companies

Why it matters: AI News is moving the AI stack right now, and this update helps explain what changed for builders.

Source: Swi Swissinfo
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