Switzerland leads in GenAI growth potential, PwC analysis finds
Switzerland has the highest growth potential in the field of generative artificial intelligence (GenAI) among 20 industrialised countries, according to an analysis by consulting firm PwC. In the best-case scenario, the sector could drive an increase in gross domestic product by tens of billions.
This content was published on
2 minutes
Keystone-SDA
Русский
ru
Швейцария обладает значительным потенциалом в области GenAI
This is the conclusion of the study “Embracing the GenAI Opportunity” published by PwC on Monday. According to the study, GenAI offers Switzerland the greatest potential for economic growth of the 20 countries examined. GenAI refers to all forms of artificial intelligence that can analyse and recreate content of all kinds, such as text, images, or sound.
One of the reasons given for the growth potential is that the technology and software sector as well as media, pharmaceutical and financial companies are likely to be among the biggest beneficiaries of the new technology. “In Switzerland, these sectors are particularly well represented compared to less AI-savvy countries such as Germany or France,” it says.
More
More
Can WEF break the impasse on global governance of AI?
This content was published on
Governments are calling for trustworthy artificial intelligence (AI) but lack global rules. Can there be a breakthrough in Davos?
In a “best-case scenario”, the technology therefore has the potential to increase Switzerland’s gross domestic product by up to CHF50 billion ($56 billion) by 2030. However, the extent to which individual economies actually benefit from GenAI also depends largely on the framework conditions in the respective country.
Adapted from German by DeepL/dkk/amva
This news story has been written and carefully fact-checked by an external editorial team. At SWI swissinfo.ch we select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate it into English. Providing you with automatically translated news gives us the time to write more in-depth articles.
If you want to know more about how we work, have a look here, and if you have feedback on this news story please write to english@swissinfo.ch.
External Content
Your subscription could not be saved. Please try again.
Almost finished… We need to confirm your email address. To complete the subscription process, please click the link in the email we just sent you.
This content was published on
A 36-year-old man from Ticino lost his life on Saturday in Val Malvaglia, in the north of canton Ticino, during a wingsuit jump from a plane.
Swiss Evangelical Reformed Church numbers dropping in French-speaking Switzerland
This content was published on
As in German-speaking Switzerland, the number of members of the Reformed Church in French-speaking Switzerland is also declining.
Gotthard traffic queue hits 20km during holiday weekend
This content was published on
The traffic jam at the Gotthard north portal reached a length of 20 kilometres on the motorway between canton Nidwalden and canton Uri.
Swiss Interior Minister visits Cannes Film Festival
This content was published on
Swiss Interior Minister left the Cannes Film Festival on Saturday after three days of intensive dialogue, meetings and film screenings.
Swiss theatre director breaks with tradition at Vienna’s Rathausplatz
This content was published on
With the proclamation of the "Free Republic of Vienna", the start of the festival on Friday evening was unusually political.
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.
Read more
More
How will AI shape our future cities?
This content was published on
More and more cities are now using “digital twins” to visualise and plan the urban experience of tomorrow. Swiss researchers are helping to source the data for these visions.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.