Some German firms see AI reducing need for degrees, Ifo says
Some German firms see AI reducing need for degrees, Ifo says
Publish Date: 2026-06-12 05:43:00
Source Domain: www.reuters.com
- Nearly 20% of German companies using AI find it easy to replace university degree holders with AI-enabled staff who do not have degrees, according to a survey by the Ifo Institute.
- Around 15% of companies surveyed considered it easy to replace experienced employees with less experienced AI-enabled staff.
- Ifo researcher Anna Ruffert notes that AI is transforming the job market, potentially substituting formal qualifications and experience.
- Retail and wholesale trade sectors exhibit the highest readiness to make these staff replacements.
- The survey highlights changing dynamics in the world of work due to technological advancements.
