For Singapore, the AI revolution is coming just in time

Click HERE

travel websites replaced travel agents but created web developers. E-mail eliminated secretarial typing pools but spawned digital marketing specialists. Spreadsheets made manual calculations obsolete but enabled financial analysts to tackle far more complex problems.

DBS announces it will not renew 4,000 contract roles

 over three years due to AI adoption....Yes, 4,000 contract roles will not be renewed as AI handles routine tasks. But the bank is simultaneously creating 1,000 new AI-related positions and expects the measured economic value – including cost savings and productivity gains – to exceed $1 billion from its 800 AI models across 350 use cases. This is not job destruction. It is job transformation.

AI automates cognitive tasks, including writing, analysis, even creative work

Singapore’s bigger challenge: a rapidly ageing workforce. By 2030, almost one in four Singaporeans will be over 65,  creating what economists call a “super-aged” society. Currently, five working-age individuals support each elderly person. This ratio will drop to fewer than two. This demographic reality makes AI adoption not just beneficial, but essential.

With labour literally disappearing due to retirement, automation fills gaps. It does not displace workers...Far from replacing humans, the robots freed them up for higher-value “human touch” tasks.

AI can help each remaining worker be far more productive while tackling Singapore’s labour shortages. This is not about eliminating jobs. Instead, it is about amplifying human capability in a shrinking workforce.

The future of work is not about humans versus machines. It is about humans with machines

Qns: 

1. To what extent is artificial intelligence the answer to the world’s most pressing problems? (ACJC 2020)

2. To what extent do you agree that the widespread use of artificial intelligence will improve our lives? (RI J2 MYE 2025)

3. Young people in your society should fear the future rather than embrace it. To what extent is this an accurate view? (RI J2 MYE 2025)