EMPLOYEES are worried their jobs may be at risk due to the development in Artificial Intelligence (AI) technologies, warranting a clear regulatory framework to guide the adoption of AI in Malaysia.
Anxiety may also be based on the lack of information about AI, especially as the technology becomes increasingly integrated into business operations.
It’s crucial to address the fear and resistance associated with AI by ensuring transparent and proactive regulations as this will help mitigate potential downsides and ensure AI is used to augment human judgement rather than replace it.
Leaders need to be on the front foot, embrace changes, educate themselves and encourage responsible use.
All breakthrough technologies will have downsides but there will also be huge upsides too.
AI argues for human judgement but does not replace it. Human judgement will complement AI for a long time.
Early government intervention is needed to avoid the pitfalls of previous technological advancements and it is important to learn from the past and establish global frameworks to regulate AI effectively.
This approach will foster a balanced and beneficial integration of AI into the workforce.
AI, much like the Industrial Revolution, has the potential to create new opportunities and more rewarding jobs and it's essential to use AI to enhance productivity while still relying on human judgement, which remains as crucial as the technology itself.
Malaysia’s proactive approach to skills planning and development, through entities like the Human Resource Development Corporation and TalentCorp, sets a strong foundation for future success.
The Chartered Management Institute (CMI) has 25 partners across Malaysia, primarily universities, training providers, and some government agencies, and these collaborations are fostering a new generation of confident and competent leaders, essential for the nation’s economic growth.
Partnerships are instrumental in equipping Malaysia’s future leaders with the necessary skills to thrive in today’s competitive environment.
* Ann Francke is the Chief Executive Officer of the Chartered Management Institute (CMI)
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