Singapore's President Warns of Looming Jobs Crisis, Calls for Education Reform to Prepare for AI

In a speech at the World Economic Forum in Davos, Singapore’s President Halimah Yacob warned of a potential jobs crisis by 2025 due to the rapid advancement of artificial intelligence (AI) and automation. She emphasized the need for education systems to adapt and equip students with the necessary skills to thrive in an AI-driven future. Key points include: 1) AI and automation could displace millions of jobs globally, with lower-skilled workers being the most vulnerable. 2) Education systems must evolve to focus on developing critical thinking, creativity, and adaptability rather than rote learning. 3) Lifelong learning and continuous skills upgrading will be crucial for workers to remain employable. 4) Governments, businesses, and educational institutions must collaborate to address this challenge proactively. 5) Singapore aims to be a leader in AI governance and ethical use of the technology.

Source: https://www.businessinsider.com/jobs-crisis-singapore-president-davos-wef-unemployment-ai-education-work-2025-1