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Six out of ten Swiss companies use AI

Six out of ten Swiss companies are using artificial intelligence (AI), according to a study by UBS bank. +Get the most important news from Switzerland in your inbox The technology is generally viewed positively. Few companies, however, see it as a substitute for employees. "Many companies are using AI, but few are doing so systematically", explains Alessandro Bee, economist at UBS, commenting on a survey by the major bank published on Tuesday. Small companies are using AI mainly for analysis purposes, while in large companies, the automation of business processes is the most cited application. + Will AI secure or shake Swiss prosperity? On average, companies see AI more as an opportunity than a risk. Thanks to this technology, significant productivity gains can be achieved. In terms of risks, the main concerns relate to data protection and security, as well as the fear of inaccurate decisions linked to inaccurate algorithms or data. Just over half of the companies surveyed want to ... Full story here Are you the author?
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