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EPISODE · Oct 8, 2024 · 16 MIN

Industry Insight: Gen AI and its impact on Singapore's workforce

from The Afternoon Update with Lynlee Foo · host MONEY FM 89.3

In 2022, Singapore's digital economy contributed S$106 billion, or 17% of GDP.  According to McKinsey’s recent global survey, the adoption of generative AI has nearly doubled within a year, with 65% of organisations now using it regularly. While Gen AI is regarded as a catalyst driving transformative solutions and greater efficiency, how can companies reinvent roles and reshape the workforce to adapt to new technologies and drive future growth? More importantly, what does it really take to train an entire workforce to be fully conversant with Generative AI? Timothy Yap, Associate Partner, McKinsey & Company and Samantha Su, Director, Digital Transformation, Infocomm Media Development Authority (IMDA) share more.See omnystudio.com/listener for privacy information.

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