AI and the Workplace: Bridging the Gap

A Swiss company has teamed up with Salesforce to tackle a big issue: how to make AI useful in the real world. The company has already chatted with 300 big clients who are keen on this new platform. It's designed to help business leaders figure out how to use AI in their day-to-day work. The CEO of the company pointed out a big problem. There's a lot of AI out there, but companies are struggling to use it effectively. He also mentioned that some AI valuations are sky-high, which could lead to a bubble. The new platform aims to help companies avoid this by focusing on real, tangible outcomes. The CEO acknowledged that AI isn't perfect. Sometimes, it can make up information, a problem known as "hallucinations". But he believes that with more training, these issues can be reduced. The company's future plans revolve around AI and its digital platform. Despite this focus, the CEO noted that AI hasn't had a big impact on jobs yet. Recently, the company's shares took a hit, falling over 7%. Analysts think investors are worried about how AI and automation might affect the business. There are also concerns about a possible dividend cut to meet debt targets. The company aims to have its net debt at or below 1. 5 times its core earnings by the end of 2027. It also restated its long-term earnings goals, with a margin of 3% to 6% for the whole group. For its career development segment, the target margin was raised to 8-11%, while the core business and digital engineering unit have their own targets.