UBS CEO Says Tech Needs to Fill Demographic Gap

The video discusses the impact of technology and demographic changes on job markets, highlighting potential job losses and the need for workforce adaptation. It emphasizes the role of technology in filling demographic gaps and the importance of training and investment to prepare for future job competitiveness.

What is the primary focus of the discussion on job losses in the back office?

• The impact of front office changes

• The role of technology and consolidation

• The increase in job opportunities

• The effect of globalization

What demographic trend is highlighted as a challenge in the next 10 years?

• Increase in birth rates

• Rise in immigration

• Decrease in technology use

• Aging population and retirements

How is technology expected to address demographic challenges?

• By promoting immigration

• By reducing the need for skilled workers

• By filling the gap left by retiring workers

• By increasing birth rates

What is the 'baby boomer effect' expected to influence in the next decade?

• Increase in job opportunities

• Rapid increase in retirements

• Decrease in technology use

• Rise in immigration

What is emphasized as crucial for future workforce competitiveness?

• Increasing immigration

• Training and agility

• Reducing technology use

• Investing in new office spaces