AI boom won't last forever, Singapore must seize opportunities: PM Wong

The AI boom won't last forever, and Singapore's approach is to "make good use of this window of opportunity now" to build new capabilities and create better jobs for Singaporeans", said Prime Minister Lawrence Wong.

Speaking in a dialogue with Forbes Media chairman Steve Forbes at the Forbes Global CEO Conference, PM Wong added that while the full impact of AI on the jobs market remains uncertain, the Singapore government's approach is to protect workers rather than individual jobs. He also urged companies to treat retrenchments as a last resort and ensure affected workers are treated fairly.

#sgnews #forbesglobalceoconference

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