SINGAPORE: Over the last decade, Singapore has made a “spectacular ascent” when it comes to world talent rankings.
From eighth place in 2023, the city-state is now in second place, as Switzerland has kept the number one spot for talent competitiveness on a global scale. Switzerland has been in first place since 2020.
This year’s world talent ranking report is titled “The socio-economic implications of AI in the workplace.” Importantly, it shows how inequality has increased for higher-income economies due to the early adoption of AI beginning to replace the workforce. “Such economies were identified to be higher-income ones and therefore more likely to experience significant disruptions early on and reap AI’s benefits in the long term,” the report says.
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