AI use in Switzerland isn’t destroying that many jobs yet, SNB says


In its quarterly survey of businesses in Switzerland released on Wednesday, encompassing 241 respondents, the central bank said that only a fifth already need fewer workers because of the adoption of the technology. — Bloomberg

Most Swiss companies don’t see artificial intelligence prompting job cuts at present, with the main focus of losses so far within areas such as consulting, the Swiss National Bank (SNB) said.

In its quarterly survey of businesses in Switzerland released on Wednesday, encompassing 241 respondents, the central bank said that only a fifth already need fewer workers because of the adoption of the technology. 

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