The Malaysian job market is on the cusp of transformation, as a new study conducted by the Ministry of Human Resources will assess the impact of artificial intelligence (AI) across 10 strategic sectors.
Human Resources Minister, Steven Sim Chee Keong, announced that the completed study aims to guide the evolution of job roles and skills in the Malaysian job market over the next three to five years.
“We hope to publish this report soon and [are] prepared to use the study to examine the effect of AI on the betterment of those sectors,” said Sim during his speech at the National Human Capital Conference and Exhibition (NHCCE) at the Malaysia International Trade and Exhibition Centre (MITEC).
The report will focus on 10 key sectors, including information and communications technology (ICT), global business services, aerospace, food manufacturing and services, wholesale trade and retail, electronics and engineering, and pharmaceutical manufacturing.
Additionally, it will cover medical devices, energy, chemicals, power, marine and offshore industries, tourism, hotels, and accommodation.
The study aims to provide crucial insights into how these sectors will evolve with the increasing use of AI. The findings will help businesses and policymakers in understanding and addressing the challenges posed by AI, while also seizing the opportunities it brings to improve these industries.
Commenting on NHCCE 2024, Sim said, “The event will be a forum where people’s views will be challenged, ideas will be contested, and plans and strategies will be scrutinised.”
He also highlighted the importance of the event as Southeast Asia’s largest discussion platform, focusing on AI’s role in the workplace and its implications for the future of jobs.
On 6 September 2024, Sim had previously mentioned that a study on the impact of AI, digitalisation, and the green economy on Malaysia’s labour market and workforce would be finalised by the end of the month.
As Malaysia prepares to adapt to AI-driven changes in its key industries, the findings from this report are expected to provide a roadmap for businesses and the government to equip the workforce with the necessary skills for the future.
The Human Resource Development Corporation (HRD Corp), organisers of NHCCE 2024, aim to use this platform to address the future of work and explore strategies for AI adoption.
The publication of the study is anticipated soon and will serve as a significant resource in shaping the future of Malaysia’s job market, helping it to remain competitive in a rapidly changing global landscape.
