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As artificial intelligence (AI) continues to advance, Malaysia faces significant challenges related to its aging population and workforce dynamics. The demographic landscape is shifting, with a decrease in the youth population and an increase in the elderly demographic, which is projected to impact the economy and labor market. By 2040, the balance between young and older individuals in the workforce will be nearly equal, raising concerns about the adaptability of older workers to new technologies.
AI and automation present both opportunities and threats to the labor market, particularly for older workers who may find it difficult to transition into new roles. To address these challenges, there is a pressing need for retraining programs focused on digital literacy and technical skills tailored for older employees. Additionally, fostering intergenerational collaboration and implementing age-friendly employment regulations can help create a more inclusive and productive work environment.
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