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Some German firms see AI reducing need for degrees, Ifo says

Some German firms see AI reducing need for degrees, Ifo says
Channel News Asia Friday 12 June 2026, 09:43 UTC 1 min read
Key Points

Some German firms see AI reducing need for degrees, Ifo says FRANKFURT, June 12 : Close to 20 per cent of German companies that use artificial intelligence are finding it easy to replace employees with university degrees with AI-enabled staff without a degree, a survey by German economic research institute Ifo showed. • The survey also showed that about 15 per cent of the companies surveyed deemed it easy to replace experienced employees with AI-enabled staff with less experience • “AI is...

Some German firms see AI reducing need for degrees, Ifo says FRANKFURT, June 12 : Close to 20 per cent of German companies that use artificial intelligence are finding it easy to replace employees with university degrees with AI-enabled staff without a degree, a survey by German economic research institute Ifo showed. • The survey also showed that about 15 per cent of the companies surveyed deemed it easy to replace experienced employees with AI-enabled staff with less experience • “AI is transforming the world of work and in some areas can even partially replace formal qualifications and experience,” says Ifo researcher Anna Ruffert • Retail and wholesale trade companies signalled the highest readiness to make those staff switches among sectors, Ifo added
German (ORG) Ifo (ORG) FRANKFURT (LOCATION) Anna Ruffert • Retail (PERSON)
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