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Zara store showcasing self-service payment terminals, highlighting AI and tech innovations in Austria.

Tech & AI are Eating Austrian Jobs

January 28, 20251 min read

Zara Eats AI for Breakfast

Tech & AI are eating Austrian Jobs!

Adding billions in shareholder value 👇🏼

When in Austria I became my own clerk.

From A-Z, I handled my own transaction

90% of Zara transactions

→ Are self-serviced by you

→ You pick from the store

→ scanned by you

→ packed by you

→ paid by you

If you aren't an A player AI and Tech will get you

And B & C-players are replaced

→ They aren't skilled enough

→ Are part of standard processes

→ Aren't bringing substantial value

This means in Austria alone with 11 stores.

→ 11 stores with 220 clerks

→ Paid 13 months salary

→ Open 7 days a week

→ $2.8M in savings

→ At Eur 2.500

Zara PE ratio is 26.88 = In Austria alone Zara adds

72M in extra shareholders value.

On a global level we talk billions.

This is just one example..

We see it also in

→ supermarkets

→ gas stations

How do you protect yourself?

Or a better question: How can you surf the wave?

What do you think will be another industry that gets impacted?

Zara AI innovationTech replacing jobsAustrian job marketFuture of work AI-driven businesses Technology transformation 2025
blog author image

Sven Milder

I'm in love with developing ideas into thriving ventures. As the founder of SevenX Group, I work daily to simplify founders lives by hosting a FAME Community & steering DeeDee.ai an Ai driven matching making platform for founders and investors. I have supported over 300+ Founders with over $240M+ in Funding and acquisitions and I'm thrilled to help you succeed.

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