Around 600,000 jobs may be replaced by AI in the next three to five years: DOSM, ET CIO SEA
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Artificial intelligence (AI) is poised to transform Malaysia's economic landscape, unlocking significant opportunities for job creation, innovation, and growth, says Georg Chmiel, co-founder and chair of Juwai-IQI. Chmiel highlighted that AI could boost Southeast Asia's GDP by $1 trillion, with Malaysia at the forefront of this shift.However, the transition will not be without its challenges. A 2024 report from the Department of Statistics Malaysia (DOSM) warns that approximately 600,000 jobs in the clerical, administrative, and manufacturing sectors could be replaced by AI in the next three to five years. Globally, AI is expected to eliminate 85 million jobs, but 97 million new positions will emerge, emphasising the need for proactive workforce management and reskilling initiatives.Chmiel stressed that Malaysia's approach to AI should focus on enhancing workers' skills, not just replacing them with technology. By prioritising AI literacy and reskilling, Malaysia can harness the potential of AI to create high-value jobs, ensuring the workforce thrives in the evolving digital economy.With AI as a cornerstone of Malaysia's economic strategy, Communications and Digital Minister Gobind Singh Deo has committed to leveraging this transformation while addressing workforce shifts. The next five years will be crucial in positioning Malaysia as a leader in the global AI revolution.
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