What's Happening?
A recent report by NTUC LearningHub has revealed that a significant portion of Singapore's workforce is not equipped to handle agentic AI, which are systems capable of planning and executing tasks with minimal human intervention. The report surveyed 150 business leaders and 300 full-time working professionals, finding that while a majority of firms are beginning to explore, test, or deploy such AI technologies, 70% of business leaders believe the workforce lacks the necessary skills. This skills gap presents a challenge as businesses increasingly integrate advanced AI systems into their operations.
Why It's Important?
The findings of the NTUC LearningHub report underscore a critical skills gap in Singapore's workforce that could impact the country's competitive edge in the global market. As businesses worldwide continue to adopt AI technologies, the ability to effectively utilize these systems is becoming a key determinant of success. The lack of preparedness among workers could hinder productivity and innovation, potentially affecting Singapore's economic growth and its position as a leading tech hub in Asia. Addressing this skills gap is crucial for maintaining the country's economic resilience and ensuring that its workforce remains relevant in an AI-driven future.