======The Future of Work: Switzerland's Digital Opportunity======
New technologies can give Switzerland’s economy a much-needed productivity boost, but bold digital transformation and skills development are imperative.\\ 
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^  Quick Facts  ^^
|Report location:  |[[https://www.mckinsey.com/featured-insights/europe/the-future-of-work-switzerlands-digital-opportunity|source]]   |
|Language:  |English  |
|Publisher:  |[[encyclopedia:mckinsey|McKinsey]]  |
|Publication date:  |October 1, 2018  |
|Authors:  |Angelika Reich, Daniel Läubli, Felix Wenger, Jacques Bughin, Jan Mischke, Marco Ziegler, Minna Schmidt, Mita Sen  |
|Time horizon:  |2030    |
|Geographic focus:  |Switzerland  |
|Page count:  |80  |

=====Methods=====
The research method involved analyzing the potential impact of digital technologies, automation, and AI on productivity and employment in Switzerland. It used technology adoption curves, conservative assumptions, and technology benchmarks to estimate job automation potential by 2030. The study also examined sector-specific impacts and the changing demand for skills in the Swiss labor market.\\ 
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=====Key Insights=====
Digital technologies, automation, and artificial intelligence (AI) could significantly increase Swiss productivity by 2030. However, this requires Swiss companies to undergo comprehensive digital transformation and the government to facilitate workforce skill development. While automation may displace jobs, particularly in predictable physical tasks and data processing, it also has the potential to create new roles, particularly in technology and sectors driven by increased consumption due to income growth. The impact on employment varies by sector, with retail, manufacturing, and finance likely to experience net job losses, while healthcare and education may see job growth. To remain competitive and ensure inclusive growth, Switzerland must invest in digital technologies and services, particularly in export sectors, and address the impending shift in skills demand, emphasizing technological, social, and emotional skills over manual and basic cognitive abilities. The country's education system and immigration policies will play crucial roles in meeting these new skill requirements.\\ 
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=====Additional Viewpoints=====
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