Internet of Things spells end for accountants, engineers, claims International Strategy Institute
Chuah predicted that 40 per cent of all existing jobs will be wiped out within the next 15 years. — TODAY pic
”All companies will soon be exposed to the benefits of artificial intelligence, and they will have no choice but to adopt it because it will be more cost effective to use artificial intelligence rather than human resource, which is more expensive,” he said at the Penang International Business and Investment Summit here today.
He said the youths can look into fields like programming and coding in IoT, blockchain and automatic logistics solutions and also humanities studies. He said the country is currently hampered by a weak financial situation, which is further compounded by the serious problem of youth unemployment of about 10.8 per cent.
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