Workers upskilling will help shield them from AI, says Concepcion | Business and Politics - video Dailymotion

The Manila Times

Workers upskilling will help shield them from AI, says Concepcion | Business and Politics   Asean Business Advisory Council Chairman Jose Maria 'Joey' Concepcion 3rd suggests that workers must look into learning a skill that will not be affected by the emergence of artificial intelligence (AI) He adds that sectors that require human touch and interaction will be shielded from AI such as teaching.   Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe   Visit our website at https://www.manilatimes.net   Follow us:  Facebook - https://tmt.ph/facebook  Instagram - https://tmt.ph/instagram  Twitter - https://tmt.ph/twitter  DailyMotion - https://tmt.ph/dailymotion   Subscribe to our Digital Edition - https://tmt.ph/digital   Check out our Podcasts:  Spotify - https://tmt.ph/spotify  Apple Podcasts - https://tmt.ph/applepodcasts  Amazon Music - https://tmt.ph/amazonmusic  Deezer: https://tmt.ph/deezer  Stitcher: https://tmt.ph/stitcher Tune In: https://tmt.ph/tunein  #TheManilaTimes

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00:00 So the big thing on the horizon now is artificial intelligence, you know with the fourth industrial revolution. Do you see that?

00:07 disrupting

00:09 entrepreneurs or maybe creating opportunities and maybe

00:12 Challenging others. What's your read on it? Oh, yeah, I may affect certain sectors. I mean

00:19 Bpo skull centers. I mean that could be a threat and that's why people always have to upskill themselves now

00:29 AI is definitely

00:31 Well for our sorry sorry stores. I think it's going to

00:36 Help rather than disrupt the sorry sorry stores

00:39 It will take a while for in fact for even for mentoring

00:44 It's going to be even easier for us to once you have AI then we don't need mentors to

00:50 Mentor them. We would just teach them they can ask all these questions and

00:56 The the the the there'll be a mentor there who will be telling them what to do. So for education, it's gonna be fantastic

01:03 Now I don't know about the schools with it. They'll start being

01:06 There'll be a that's will be a competitor to the schools to some extent. Yeah

01:10 Well, you know you mentioned schools, but they're they're not reviewing the k-12 curriculum and I I know others like you have been

01:18 pushing

01:20 government to include

01:22 Financial literacy and you know

01:24 Knowledge that will be useful to people should they want to go into business later on?

01:29 But how do you think they should adjust with AI?

01:32 You know becoming more popular now D. What's your input there?

01:37 Maybe it should you know so that they become not only I guess employable but also ready to

01:43 Start their own businesses in this new era. Well

01:48 They'll have to have a skill that will shield them from the effects of AI. Okay

01:54 for example being a

01:57 teacher, okay

01:59 If I really gets close to a human being you have a real competitor, you know, so

02:05 What can that person do? She has to maybe?

02:11 We think okay, maybe now I have to look at that a skill that AI will not be able to affect that that

02:18 Job or that negotia, so there are there are and I don't think everything can be done with AI. No, okay, and

02:28 There is it's still different in dealing with a human being. Okay, and and I think

02:34 Tourism is one area that I think can be shielded from that

02:39 And that's where we have to excel because we have so much potential to me

02:44 Secretary Frasca is doing a good job

02:48 But there is still so much opportunity if you compare the Philippines to Bali for what?

02:54 Quality Bali has or beaches versus us. So we have to look at areas whereby

03:01 It will be somehow shielded from from AI. I'm not gonna talk to an AI and think okay

03:08 He's in Bali. So I'll feel like I'm in Bali. No, it doesn't work that way, right? You still have to fly

03:13 Right. Yeah, so we'll have to we'll have to redefine where the real threats of AI will be no, right?

03:20 I think it'll be more of a

03:22 Positive for many people actually does it enter your mind that you know that there's this rise of a are

03:29 AI and what you're doing with the mentorship program. I mean

03:32 There are certainly going to be some skills that are gonna be

03:37 Obsolete in the future. I mean, I remember when I was in school that many of the things we learned in journalism school

03:43 I don't use today because we have computers, right?

03:45 But does that worry you or maybe make you think another in another way?

03:49 With regard to how you do the mentoring program for entrepreneurs or what skills you focus on?

03:56 More or less because of that so I will help for example, you know

04:03 But when Cody gosh, that's almost mentoring every weekend right on the malls. We just finished

04:08 Barney okay, I said, okay, so that's I

04:11 Need to have a 500 600 to a thousand people that come there. I joined the events. I sit down I talk to

04:19 entrepreneurs and

04:21 One was a cancer victim. I mean she's suffering from cancer, but struggling right the business and it's doing okay

04:29 So the mere fact and AI cannot inspire a person. There's a big difference

04:34 But a human being can show that compassion. I see so when you look at a you just type it. It's just straightforward

04:42 There's no compassion unless one day they make a real human being out of it

04:46 But so there are things that AI cannot do. Yeah

04:50 Let me put it another way because you know when I talk to my my children my my nephew's nieces

04:55 I show them things that we do at work and they're very quick to say. Oh, we we do it another way

05:00 It's more efficient faster. They're using technology. Do you think that you know, we you have successful?

05:07 Entrepreneurs doing the mentoring that's how you recruit right that maybe they will come across younger

05:12 Generations and say no the what made you successful may may not be what they see as

05:19 What will be required of them to be successful?

05:23 When it's their turn so it depends on what business model they plan to okay into no

05:28 And there's certain business models that to my mind. I will not be able to control totally right?

05:36 and I still believe that

05:39 The human touch is so important. Okay?

05:42 We can't just talk to machine and you know, I mean it doesn't work that way so I'm

05:51 I will add to

05:53 Helping those who cannot have a face-to-face mentorship or even a teacher

05:59 No, the AI will help in that aspect and not everybody's able to get to school because it's too expensive

06:05 So somebody can create an economy full of AI and they are learning from there and that is going to make education much cheaper

06:13 So there's certain sectors that will be threatened

06:16 But sectors that require the face the touch the you know, all of that to me would be shielded from it

06:24 Yeah, besides that human factor. Do you think there are other core skills that?

06:28 Will remain or will endure despite know all of these changes happening in technology. I mean financial literacy

06:34 For example, I mean is that is there something that you know, no matter regardless of what happens with technology these

06:41 core skills are going to be important for

06:44 Developing an entrepreneurial mindset definitely because my inspiration is really you get inspiration

06:50 Okay, some sometimes you can watch it from a movie sure and you get expired. But also it's and and

06:57 Seeing somebody an entrepreneur in front of you who's successful telling you what to do. That's an inspiration

07:03 So my experience over the last 18 years in mentoring MSMEs

07:07 The mere fact that you're present there. I'm present there and sitting down with them, right?

07:13 So you feel so much?

07:15 She's like so I mean I've mentored a father and a daughter putting a business together. You can see the impact

07:22 So and that's why we like the face-to-face now

07:26 Down the road. Will it be a robot that will be mentoring?

07:30 I wonder how many people will go to the robot versus a human being that has success

07:34 They will go to somebody who has you know, been there and succeeded

07:40 Yeah, I suppose someone like you who's actually done it and successful at it

07:44 But probably put the premium also on the the personal connections you have with other entrepreneurs and maybe making deals and creating opportunities

07:53 And now you're doing it, you know region wide and as and how important will that be in the future? You think?

07:58 That's the only way that

08:01 We cannot lose our

08:03 You know our being a human being. Yeah the moment we

08:09 Over do it then you will lose that relationship and you can see

08:14 Many in a sea and the biggest challenge really in bringing about the countries together is trusted

08:21 So that can only be done to being there being present. So in my

08:28 so many years in a sea and today

08:30 It's the friendship that you have created and that's how things start

08:36 businesses start you joint venture then that person has a

08:40 Person that can wants to get in touch. So it's really

08:44 Relationship is here. So it's really outside of technology. It's you can't do it

08:51 Like for example zoom we've been all used to zoom you can do it for a while but after a while

08:59 You will lose that personal touch

09:03 It's become strange when you're in a meeting and you seem to not know what to do

09:08 We cannot forget the social skills, right? And in talking to

09:13 Your your counterparts and and and harnessing these social skills. Are there any particular opportunities that you see that will be

09:21 Right now for I guess for for the taking I mean in terms of entrepreneurial and opportunities

09:30 Because you're in touch with with practically everyone in Southeast Asia now, right? Yes, and that's the network. We're trying to build it

09:36 Yeah, so you start as part of the council that council becomes bigger because the chambers

09:43 Join us the as in business investment summit is one then it gets wider as now we are trying to

09:50 Forge a more closer alliance and that starts when somebody would start to invest in one's country

09:57 Yeah, that's important because we can meet every time there

10:00 But if there is no in exchange of more trade or more investments in my country in your country, then it's not working

10:07 Yeah, I know there is a relationship problem or there is a competence problem, right? So but to me I

10:14 Think we're headed in the right direction. I mean you can see the

10:18 programs of each of a C and

10:21 Chairs is to bring a C and closer working together

10:26 Developing trust and doing trust is the most important when I because when somebody trusts you then he will go and further his

10:34 Relationship with you right building a partnership and that's what we want

10:38 Filipino companies in agriculture partnering with other companies from Malaysia Indonesia

10:43 Vietnam partnering with them. What and whatever agri product it is

10:48 Well, when we hear about you, it's always with good negotiable people forget you run your own large corporation the Philippines

10:55 What opportunities are you seeing in the region for our FM?

10:59 For consumption industries. We basically folks and food basically we're in flour milling. We're the largest ice cream company

11:06 Today select and we're now one of the largest in

11:10 milk

11:12 UHT milk now so and among that you've been flour milling for a long time, etc

11:20 And I think there's so much opportunities in the country today. Okay, and

11:26 Under this leadership, of course, you have headwinds. Unfortunately, you are the inflation and this is not caused by us

11:33 It's caused by other external factors. So hopefully those things turn around and and

11:39 Although as inflation was coming down fast, then you have a spike again in gasoline prices

11:46 Yeah, but I'm still optimistic that

11:50 What's nice in this government is the relationship between?

11:53 government people and the private sector

11:56 Because of the private sector Advisory Council it has somehow

12:01 Made us work as a team with the government. So when that comes together

12:06 Then you have a powerful

12:08 Group that can really make a difference

12:11 So to me getting the best minds in business to help government for free is one of the best things that this administration

12:18 Can't go wrong with that

12:20 you

12:22 You

12:24 You

12:27 You

12:29 [BLANK_AUDIO]

Workers upskilling will help shield them from AI, says Concepcion | Business and Politics

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