Education is no longer a guarantee of protection against automation in the workforce. Many employed individuals are willing to take a 20 percent pay cut in order to reduce the risk of losing their jobs. The significance of artificial intelligence has been compared to the invention of the steam engine by Jamie Dimon, the head of JP Morgan, who believes that AI will have transformative effects on society.

AI technology is being increasingly integrated into various industries, with the potential to automate many jobs and tasks. This has led to widespread uncertainty among workers, with fears of job loss and career decline. Some professions are at a higher risk of being impacted by automation, while others are considered safer.

Researchers have found that employees are willing to sacrifice a portion of their wages in exchange for job security in the face of AI advancements. This uncertainty has far-reaching consequences, including the need for individuals to invest in their skills and competencies to remain competitive in the evolving job market.

There is a growing need for the education system to adapt to technological changes by focusing on teaching future skills that are transferable and adaptable. Additionally, there is a call for more flexibility in hiring practices and a recognition of the changing workforce dynamics brought about by AI.

The impact of AI on society extends beyond the job market and may also affect social policies and political preferences. Switzerland, while relatively unaffected by previous waves of automation, may face new challenges with the rise of artificial intelligence. As the landscape of work continues to evolve, individuals and industries will need to adapt to stay competitive in the age of automation.