Deputy Prime Minister of Singapore: Ready to face the disruption of AI, which will not lead to the disappearance of employment opportunities

News on June 7th,Lawrence Wong, Deputy Prime Minister and Minister of Finance of Singapore, saidNew technologies, including artificial intelligence, will disrupt the labor market, but will not completely eliminate job opportunities.He stated at the Asia Tech x Singapore Summit held on Tuesday that science and technology can actually improve human productivity and create more job opportunities

News on June 7th,Lawrence Wong, Deputy Prime Minister and Minister of Finance of Singapore, saidNew technologies, including artificial intelligence, will disrupt the labor market, but will not completely eliminate job opportunities.

He stated at the Asia Tech x Singapore Summit held on Tuesday that science and technology can actually improve human productivity and create more job opportunities.

Lawrence Wong said, "I don't think we will finally face such a future without jobs. A machine will replace all human jobs, and people will feel uneasy because technology can replace jobs." "The nature of blue collar and white collar jobs" will change, and he also warned that "the speed of change will accelerate, and the scale of disruptive changes will increase over time."

He added, "Technology can also make us more efficient in carrying out other tasks, which will generate new jobs and job opportunities

After its launch in November last year, ChatGPT, a chat robot, quickly became popular on the internet, and artificial intelligence also became a hot topic in the business world. This artificial intelligence technology driven chat robot can automatically generate human like responses to user questions, and the number of users has reached 100 million just two months after its launch.

Some researchers and analysts even believe that artificial intelligence may lead to the extinction of humans and replace jobs.

Industry experts who hold this view include Sam Altman, CEO of ChatGPT developer OpenAI, as well as executives from Google's industrial intelligence department DeepMind and Microsoft. They call for global priority consideration on how to reduce risks related to artificial intelligence.

According to reports,First Vice President of the International Monetary Fund (IMF)GitaGopinath also warned that there will be "large-scale disruption" in the labor market, and generative artificial intelligence will bring "very significant" risks. She also called on governments around the world to enact regulations to regulate this technology.

Lawrence Wong said that people need to learn to adjust and adapt to the disruptive changes that AI will bring. This will inevitably make those with weaker adjustment and adaptability feel anxious. We all need to do more work to help employees improve their skills, so that they can remain competitive and not fall behind in an increasingly digital world

Lawrence Wong said, "We cannot let the market solve this problem by itself, nor can we say that it is only the responsibility of employers."

He added that regulatory agencies need to provide 'comprehensive support' in terms of job matching and skill training. Lawrence Wong said, "This requires the government, industry and skill training institutions to coordinate and take the initiative."

Lawrence Wong said that Singapore launched the world's first test kit, AIVerify, to help enterprises objectively evaluate and verify whether AI products are responsible and conform to international principles.

He added that Singapore will continue to collaborate with the artificial intelligence industry to carry out pilot projects and promote the development of artificial intelligence testing standards. (Chen Chen)