Business

Telecommunication essential for gig economy’s success: Dr Mahathir

Without ability to communicate, we cannot have this system, says ex-PM

Updated 5 years ago · Published on 17 Dec 2020 7:10AM

Telecommunication essential for gig economy’s success: Dr Mahathir
Tun Dr Mahathir Mohamad says with the gig economy, those who do not have the capacity to venture into a new business can use the platform to sell their products directly from their own backyard. – Wikipedia pic, December 17, 2020

KUALA LUMPUR – Telecommunication plays an important role in making the gig economy a success, said former prime minister Tun Dr Mahathir Mohamad.

He said Malaysia tapped into the new economy quite early, simply because the communication system in the country is very good.

“The internet infrastructure is one of the key factors on how we are going to embrace the gig economy. For me, gig economy is the ability to communicate. Without that ability, you cannot have this economy system.

“You can do a lot of things with good telecommunication technology. When you have this facility to communicate, to the point where you actually see the person you are talking to, you can have a conversation, conference or even participate in the gig economy,” he said at the SEA Connect Creative Conference 2020 Virtual - The Gig Revolution initiated by Creative Cloud Community here yesterday.

Dr Mahathir said Malaysians of all ages should tap into the opportunity.

With the gig economy, he added, those who do not have the capacity to venture into a new business can use the platform to sell their products directly from their own backyard.

“With gig economy, individuals, especially those who are unemployed, can have secondary sources of income, including as an e-hailing driver or food delivery rider.”

He advised the government to take a softer approach in regard to gig economy workers, as a stringent policy will hamper the growth of the industry. – Bernama, December 17, 2020

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