Case Switzerland: If all positions were paid equally, how much would Switzerland spend on wages for data processing in a year? Additional Information: - Currently, it is estimated that 3% of roles could be entirely automated using the technology we have available to us now. - By 2025 this will have risen to around 35%, by 2030 it will be at 50% and by 2080 scientists are predicting advanced AI technologies will have replaced 85% of current jobs. - A more astonishing figure is the 42% of roles which could be made more efficient, more productive, and more enjoyable through automating individual tasks within the wider role. - Waste Management industry has a CHF 48 billion slaary bill in Switzerland with the highest potential for automation. - Swiss people work for an average of 20.3 hours a week when holidays are taken into account. - Switzerlands average weekly earning is CHF 1,615 and has an unemployment rate of 3.3% with 264,000 people. - 50% of current jobs will be lost in the next 7 to 8 years. Population increases year on year of 0.8%. Multiple Choice: *only one answer is correct A) CHF 1.03 billion B) CHF 3.45 billion C) CHF 162.5 billion D) CHF 103.9 billion E) CHF 188.5 billion
Case Switzerland:
If all positions were paid equally, how much would Switzerland spend on wages for data processing in a year?
Additional Information:
- Currently, it is estimated that 3% of roles could be entirely automated using the technology we have available to us now.
- By 2025 this will have risen to around 35%, by 2030 it will be at 50% and by 2080 scientists are predicting advanced AI technologies will have replaced 85% of current jobs.
- A more astonishing figure is the 42% of roles which could be made more efficient, more productive, and more enjoyable through automating individual tasks within the wider role.
- Waste Management industry has a CHF 48 billion slaary bill in Switzerland with the highest potential for automation.
- Swiss people work for an average of 20.3 hours a week when holidays are taken into account.
- Switzerlands average weekly earning is CHF 1,615 and has an unemployment rate of 3.3% with 264,000 people.
- 50% of current jobs will be lost in the next 7 to 8 years. Population increases year on year of 0.8%.
Multiple Choice: *only one answer is correct
A) CHF 1.03 billion
B) CHF 3.45 billion
C) CHF 162.5 billion
D) CHF 103.9 billion
E) CHF 188.5 billion
 alt="Likelihood of industries becoming automated in the future
Proportion of jobs and their risk of automation. Note: the graph shows a linear decrease in the proportion of jobs at risk of full automation.
60%
55%
50%
45%
40%
35%
30%
25%
20%
15%
10%
5%
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Waste Management Transportation and
Storage
Manufacturing
Retail
Administration
Finance and
Insurance
Employment Share of Total Jobs
Proportion of Jobs at Risk of Full Automation
Electricity and Gas
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 alt="Technical feasibility of job automation
Likelihood of automating job tasks
Predictable
Physical
Work
Data
Processing
Data
Collection
Unpredictable
Physical
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Stakeholder
Interactions
Applying
Expertise
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0%
5%
10%
15%
20%
25%
30%
% of Tasks which could be Automated
35%
40%
45%
50%
55%
60%
65%
% of Time Spent on Tasks in all Swiss Occupations
70%
75%
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