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Motion: Terence Ho on artificial intelligence transition with no jobless growth

14:03 Min

The motion “powerfully expresses” the commitment of Singapore’s tripartite partners to inclusive development that benefits both workers and firms, said NMP Terence Ho. This is important because it can no longer be taken for granted that economic growth will be accompanied by full employment and rising incomes, he said. Speaking in parliament on Wednesday (May 6), he highlighted the need to support workers to develop deep domain knowledge. Singapore must not only upskill workers for jobs but also upgrade jobs for workers, he said. It should build up expertise as a global reference point for skills-first and human-centric job redesign, he added. 

The motion “powerfully expresses” the commitment of Singapore’s tripartite partners to inclusive development that benefits both workers and firms, said NMP Terence Ho. This is important because it can no longer be taken for granted that economic growth will be accompanied by full employment and rising incomes, he said. Speaking in parliament on Wednesday (May 6), he highlighted the need to support workers to develop deep domain knowledge. Singapore must not only upskill workers for jobs but also upgrade jobs for workers, he said. It should build up expertise as a global reference point for skills-first and human-centric job redesign, he added. 

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