Deputy PM: AI will 'not likely' lead to economy-wide job losses

hcamag.com

Singapore Deputy Prime Minister Gan Kim Yong asserts that while artificial intelligence adoption will not cause immediate economy-wide job losses, it will reshape the workforce by causing some roles to shrink or disappear. To manage this transition effectively, he urges a collaborative approach among employers, unions, and the government focused on job redesign, targeted training, and expanding opportunities in essential services rather than relying solely on AI-related positions. This strategy aims to ensure that productive work remains accessible across various sectors while preserving worker dignity and agency amid technological disruption.

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All articles from 29 August 2026. Summaries are AI-generated and may contain errors; the linked article is the authority.