Companies should not use AI as an excuse to cut costs: Tan Kiat How - Vidnexa Skip to main content
Create Account
VidNexa
Up next
 
00:00 / 00:00
QualityAutochevron_right
Playback speedchevron_right
Audio trackchevron_right
Chapterschevron_right
Autoplay On
Loop Off
Sticky player Off
Sleep timerOffchevron_right
Subtitles/CC On
Captionschevron_right
Keyboard shortcuts ?
Stats for nerds
Sleep timer ended
⏪ 10s
⏩ 10s

Companies should not use AI as an excuse to cut costs: Tan Kiat How

2.2K views • 1 month ago
Vidnexa
1 subscriber
Watch Party
20 Comments
@ivan1196
@@ivan11961 months ago
Too little too late. <br>And, private sector will do what they can to cut costs, so no point in giving this speech.
@SgForeverSg
@@SgForeverSg1 months ago
It’s quite a dumb thing to say, no? Many companies will use it to cut cost - why not? Do they know have coffee shops are using the $0.10 BCRS to charge more? When there’s an opportunity to earn, you expect business owners to not earn? How is the work force prepared? What is the support to the workforce? If you don’t want them to cut cost, show the companies tangible ways to improve productivity and revenue. Dont tcss. Lead at every step.
@jac23538
@@jac235381 months ago
If AI are capable of reducing production there is no stopping companies to replace their human headcount.<br><br>This is not a matter of &quot; with AI therefore we must employed more people&quot; the purpose invention of AI, is to optimize, streamline and to eventually cost reduction. <br><br>People that uses AI or invented it should know this coming
@ray3271
@@ray32711 months ago
You know the problem? Why do you still increase your ministers&#39; salaries?
@8spores
@@8spores1 months ago
Delusional. No boss will not cut costs. Government is different from private sector. More AI and less CECA needed fast.
@xxoo-lp6vc
@@xxoo-lp6vc1 months ago
2026-5-1 A Chinese court ruled that companies cannot fire workers or cut their pay just to replace them with artificial intelligence.<br>Companies cannot shift the financial or structural costs of technological upgrades onto employees through arbitrary demotions or layoffs.<br>The decision highlights how authorities are trying to balance the push for AI innovation with protecting the domestic labor market and preventing mass displacement.
@xxoo-lp6vc
@@xxoo-lp6vc1 months ago
Chee Hong Tat: Singapore and China should deepen ties in AI usage.
<br>😅But ....
<br>Jan 28, 2025, CNA &quot;‘Looks like a massive threat’: Analyst on Chinese AI model DeepSeek &quot;
<br>Feb 7, 2025, CNA &quot;Governments across Asia crack down on Chinese AI chatbot DeepSeek&quot;
<br>Feb 7, 2025 , CNA &quot;the Chinese artificial intelligence chatbot could compromise national security &quot;
@Shiela_DreamDirectionDestiny
@@Shiela_DreamDirectionDestiny1 months ago
Isn&#39;t that THE REASON UR Useless Administration MADE THE PUSH in the 1st place...<br>To push the people OUT OF a JOB!<br>Now THAT AI is imploding all over the globe, especially in the USA n SKorea...<br>U playing this <a href="http://www.youtube.com/results?search_query=%23wefirstadministration">#WEFirstAdministration</a> need to SAVE OUR POLITICAL CAREERS<br>Wasn&#39;t Josephine Teo pushing it down everyone throat especially Fresh New Graduates who literally live in the Digital Bubble all their life!<br>Just GET LOST ALREADY<br>U have ur 64% Pay Hike after only over 1 year in Office...
@CompassionOfMind
@@CompassionOfMind1 months ago
Fake AI is not AI at all.
<br>
<br>- Xie Ming
@CompassionOfMind
@@CompassionOfMind1 months ago
Xie M., Chen H. and Hu Z. C. (2021). New Foundation of Artificial Intelligence, World Scientific Publishing Co.
<br>
<br>(Also Inside World Scientific&#39;s eBook Collection on AI and Internet of Things)
@denww6969
@@denww69691 months ago
at one point sing one tune, another time sing another tune... so much for our world most highly paid &quot;leaders&quot;... 😅
@nicb.1213
@@nicb.12131 months ago
AI is good for information and when used correctly.
@kennethlee7238
@@kennethlee72381 months ago
No comment.
@wanderingtortoise4904
@@wanderingtortoise49041 months ago
AI will definitely empower processes and decision making across the organization....affecting the way work is distributed and how people work. Cutting headcounts in certain areas is inevitable...hopefully organizations, the industry and unions can help facilitate can help in the redistribution of manpower which a single upgrading orgnanization alone may not be able to facilitate. In the medium and longer term it is hoped that the overall growth in the economy powered by AI will create new opportunities in the job market place. Cost productivity will have to proceed growth, hence, in the transition it may be necessary for social schemes whether funded by industries, unions and the state to provide economic assistance to those affected by the growth in the use of AI.
@jchung5265
@@jchung52651 months ago
Wonderful. The speaker is reading from Xi’s playbook already implemented months ago!
@pearlyung
@@pearlyung1 months ago
Then don&#39;t use AI lol 😅
@liarliar3412
@@liarliar34121 months ago
Oh yeah?.....but AI assistance will at least lead to lighter workload for the employees. Take pay cut or add more work.
@artd4781
@@artd47811 months ago
For someone who has never been a businessman, entrepreneur or venture capitalist and been a career politician and civil servant your entire life, firstly please know that we in business are way ahead of you in the business and understanding of AI including Agentic Ai applications, so kindly please enlighten if businesses do not use AI and its Agentic capabilities to cut costs, please recommend how to cut costs and improve productivity and increase sales ?
@tonygoh3465
@@tonygoh34651 months ago
I fully agreed with the speaker. AI should be used to improve productivity and resilience, not automatically treated as a justification for reducing headcount or service quality. I myself stopped using services etc from companies that using AI/Bots as it is simply not productive, waste of my precious time when I need to seek help.
@joviong9961
@@joviong99611 months ago
My MP 💪