Sounds like the culprit is much more likely to be the uncertainty around the CH-US trade relations and its effect on the CHF and the Swiss economy…
I’m sure it’s not because of near-shoring, right?
Coincidentally let me tell you that the new Toblerone from Slovakia is so delicious. Yum!
Well would you admit your own greed, especially when you can have such a simple scapegoat as AI?
>AI
Appenzell-Innerrhoden?
My Zürich
-based employer just hired over 90 people… in Kosovo.
I hate that AI is providing an excuse for companies laying off people in Switzerland and outsourcing in a cheaper country while giving the higher ups pay raise. I hope karma bites the asses of those at The Post and Swisscom and else who do that.
This is definitely an excuse. It’s just the trend for big corpos right now to lay off.
Once one starts, the holy shareholders will start asking their company why they aren’t laying off. And then the floodgates are open.
AI is just used as an excused for offshoring jobs. “we’re just following totally legit market trends and not actively and strategically undercutting jobs where we’re based to maximize profits”
The offshoring/nearshoring is quite short-sighted:
If all the expertise is held by foreign service providers, what eventually happens when they decide to go directly into the business they are experts at?
Gutting local competence is a sure fire way to cut yourself into irrelevance.
It’s multiple factors. Firing or sending over 50+ into redundancy or early retirement. Offshoring is also happening, and don’t forget it’s also capitalism. Higher share holder value, dividends, profit. AI is just an excuse.
Just check what big Pharma has done.
Person who wrote this is hallucinating, perhaps on purpose to obscure the real reasons
1. There are near zero success stories of AI business applications to date, that would have a sizeable impact on revenue. Not on Switzerland, not worldwide. There are a lot of companies using AI without demonstrable impact on performance (e.g. ai call centers, ai recruitment, etc), and there are a few of companies selling ai tools that people have at least some interest in, but failing to make it profitable (e.g. chatgpt, copilot, mid journey etc). Especially in Switzerland, outside of a few small startups, nobody is doing anything, there is just a pile of hot air.
2. Every big company has mentioned AI as cause for firing people in the last year. Does it not sound suspicious? The technology is barely a few years old. Big companies are normally slow to adopt why new technology. Anybody who has tried applying AI to internal processes quickly learns that it needs lots of good quality data, and that business data is frequently poorly managed, and restricted by all sorts of internal and external regulations. To even start using AI takes a few years of dedicated invested effort. There is no way in hell all these companies have already gotten to the level where AI demonstrably outperforms all these people.
The answer is simple:
* AI has more or less NOTHING to do with the job market, especially in Switzerland
11 comments
Sounds like the culprit is much more likely to be the uncertainty around the CH-US trade relations and its effect on the CHF and the Swiss economy…
I’m sure it’s not because of near-shoring, right?
Coincidentally let me tell you that the new Toblerone from Slovakia is so delicious. Yum!
Well would you admit your own greed, especially when you can have such a simple scapegoat as AI?
>AI
Appenzell-Innerrhoden?
My Zürich
-based employer just hired over 90 people… in Kosovo.
I hate that AI is providing an excuse for companies laying off people in Switzerland and outsourcing in a cheaper country while giving the higher ups pay raise. I hope karma bites the asses of those at The Post and Swisscom and else who do that.
This is definitely an excuse. It’s just the trend for big corpos right now to lay off.
Once one starts, the holy shareholders will start asking their company why they aren’t laying off. And then the floodgates are open.
AI is just used as an excused for offshoring jobs. “we’re just following totally legit market trends and not actively and strategically undercutting jobs where we’re based to maximize profits”
The offshoring/nearshoring is quite short-sighted:
If all the expertise is held by foreign service providers, what eventually happens when they decide to go directly into the business they are experts at?
Gutting local competence is a sure fire way to cut yourself into irrelevance.
It’s multiple factors. Firing or sending over 50+ into redundancy or early retirement. Offshoring is also happening, and don’t forget it’s also capitalism. Higher share holder value, dividends, profit. AI is just an excuse.
Just check what big Pharma has done.
Person who wrote this is hallucinating, perhaps on purpose to obscure the real reasons
1. There are near zero success stories of AI business applications to date, that would have a sizeable impact on revenue. Not on Switzerland, not worldwide. There are a lot of companies using AI without demonstrable impact on performance (e.g. ai call centers, ai recruitment, etc), and there are a few of companies selling ai tools that people have at least some interest in, but failing to make it profitable (e.g. chatgpt, copilot, mid journey etc). Especially in Switzerland, outside of a few small startups, nobody is doing anything, there is just a pile of hot air.
2. Every big company has mentioned AI as cause for firing people in the last year. Does it not sound suspicious? The technology is barely a few years old. Big companies are normally slow to adopt why new technology. Anybody who has tried applying AI to internal processes quickly learns that it needs lots of good quality data, and that business data is frequently poorly managed, and restricted by all sorts of internal and external regulations. To even start using AI takes a few years of dedicated invested effort. There is no way in hell all these companies have already gotten to the level where AI demonstrably outperforms all these people.
The answer is simple:
* AI has more or less NOTHING to do with the job market, especially in Switzerland
Comments are closed.