600,000 employees need reskilling in 3 to 5 years, says Sim

Free Malaysia Today

The human resources minister says the figure is based on a study by TalentCorp on the impact of AI, digitalisation, and the green economy.   Read More: https://www.freemalaysiatoday.com/category/nation/2024/10/10/600000-employees-need-reskilling-in-3-to-5-years-says-sim/    Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.    Subscribe to our channel - http://bit.ly/2Qo08ry   ------------------------------------------------------------------------------------------------------------------------------------------------------ Check us out at https://www.freemalaysiatoday.com Follow FMT on Facebook: https://bit.ly/49JJoo5 Follow FMT on Dailymotion: https://bit.ly/2WGITHM Follow FMT on X: https://bit.ly/48zARSW  Follow FMT on Instagram: https://bit.ly/48Cq76h Follow FMT on TikTok : https://bit.ly/3uKuQFp Follow FMT Berita on TikTok: https://bit.ly/48vpnQG  Follow FMT Telegram - https://bit.ly/42VyzMX Follow FMT LinkedIn - https://bit.ly/42YytEb Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj Follow FMT on WhatsApp: https://bit.ly/49GMbxW  ------------------------------------------------------------------------------------------------------------------------------------------------------ Download FMT News App: Google Play – http://bit.ly/2YSuV46 App Store – https://apple.co/2HNH7gZ Huawei AppGallery - https://bit.ly/2D2OpNP  #FMTNews #StevenSim #TalentCorp #Reskilling #ArtificialInteligence

Transcript

00:00About 600,000 employees would require re-skilling in 3 to 5 years

00:06with the growth of artificial intelligence, digitalization and the green economy,

00:11said Human Resources Minister Stephen Sim.

00:14Sim said Telencorp's report found that most of these jobs were from labor-intensive industries,

00:20namely the wholesale and retail trade sector and food manufacturing and services sector.

00:26However, Sim said the report, which will be made public in November,

00:30must not be viewed cynically and negatively.

00:34He said while some jobs would diminish, it did not mean that people would be out of work

00:38as a sunset rule can emerge in another sector.

00:43Sim said the first report focused on 10 major economic sectors,

00:47which contributed about RM933 billion or 60% of the total gross domestic product in 2023.

00:56He said there were four emerging jobs across the 10 sectors,

00:59namely AI engineers, data analysts, data scientists and sustainability coordinators.

01:06Sim added that the study, which will be ongoing and provide regular updates,

01:11would look into the impact of AI and future trends, among others.

01:17Natasha Bust, FMT News.

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