Two-thirds of Malaysian workforce will use generative AI for up to 20% of their work, says report

The Star

Deputy Economy Minister Datuk Hanifah Hajar Taib on Friday (Sept 15) launched the first report by the Malaysia Centre for Fourth Industrial Revolution.  The report revealed that close to 65% of workers in Malaysia will potentially use generative artificial intelligence (AI) for between 5% and 20% of their regular work activities. It also highlighted that generative AI has the potential to unlock US$113.4bil in productive capacity in the country’s economy, equivalent to one-quarter of GDP in 2022.  WATCH MORE: https://thestartv.com/c/news SUBSCRIBE: https://cutt.ly/TheStar LIKE: https://fb.com/TheStarOnline

Transcript

00:00 One, two, three.

00:04 [VIDEO PLAYBACK]

00:05 [MUSIC PLAYING]

00:07 - Generative AI will definitely change the way we live, work,

00:17 and play.

00:18 Generative AI brings technology into realms once taught

00:23 to be uniquely reserved for humans' creativity.

00:27 This technology can create art, compose music, write poetry,

00:32 design buildings, and even draft legal documents,

00:36 not withstanding with the human input as a prompt.

00:41 The possibilities are limitless, and it's time for Malaysia

00:45 to embrace this wave of innovation.

00:48 According to a Malaysian Center for AI report,

00:52 the sentiment on generative AI technology

00:54 is optimistic, with 75% of the civic population

00:58 believe that such tools help them in formulating

01:02 ideas for their work.

01:04 Close to 2/3 of Malaysian workforce

01:07 will potentially use generative AI for up to 20%

01:11 of their regular work activities.

01:14 This represents a paradigm shift that

01:16 will redefine focusing their jobs

01:19 than replacing jobs entirely.

01:22 The report cited that the generative AI technology

01:25 can potentially unlock a staggering $113.4 billion

01:30 worth of productive capacity in the Malaysian economy

01:36 if it is fully adopted across industries.

01:40 This is equivalent to one quarter of our 2022 GDP.

01:46 Productivity growth is a key driver for economic growth

01:50 for any economy.

01:51 And if we can unlock this untapped potential

01:54 through the adoption of generative AI,

01:58 it brings us closer to achieving our goals

02:01 to become a high-income nation.

02:03 Overall, generative AI serves as a catalyst

02:06 for achieving the objectives of both the 12th Malaysia

02:10 Plan and the new Industrial Master Plan 2023

02:14 by fostering data-driven decision-making

02:17 and advancing the country's technological capabilities.

02:21 In conclusion, the Ministry of Economy

02:24 through the Malaysia Centre for IR

02:27 will be at the forefront, bringing together

02:29 global experts who will work alongside our public

02:32 and private sectors to shape ecosystems that

02:36 will support the accelerated adoptions of new technologies,

02:40 such as generative AI.

02:42 Together, let's embrace these technology changes

02:48 to unlock the enormous potential that it offers.

02:53 I would also like to say Selamat Hari Malaysia to everybody.

02:58 Tomorrow-- tomorrow, we'll be celebrating it in Kuching.

03:04 And also, it is a great time to realize the sacrifices

03:11 that our forefathers have made and how harmonious

03:15 we've lived as a nation, that we can excel together.

03:20 It gives me great pleasure to officiate

03:22 launching of the first report from the Malaysian Centre

03:25 for the Fourth Industrial Revolution,

03:28 the economic impact of generative AI,

03:30 the future of work in Malaysia.

03:33 Thank you.

03:34 [MUSIC PLAYING]

03:38 [MUSIC ENDS]

03:41 [AUDIO OUT]

03:44 [BLANK_AUDIO]

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