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In a recent panel discussion at the 53rd St Gallen Symposium in Switzerland, Manpower Minister Tan See Leng emphasized the importance of embracing artificial intelligence (AI) and technology to avoid being displaced in the workforce. Singapore is investing $1 billion over the next five years into a national AI strategy to develop the industry and equip individuals with the necessary skills. Dr. Tan highlighted the significance of providing equal opportunities and leveling the playing field for all workers, acknowledging the pivotal role of people as the country's primary resource.
Dr. Tan discussed Singapore's initiatives to address manpower constraints by collaborating with companies to establish AI centers of excellence and offering AI-related courses at various educational institutions. The focus is on investing in people, including subsidizing education from early childhood to postgraduate levels and attracting foreign talent through programs like the Overseas Networks and Expertise Pass. The panel also delved into the need for companies to invest in training employees to adapt to technological advancements, with examples like PSA's automation efforts at Tuas Port.
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