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Artificial Intelligence and Its Impact on Labor-Intensive Economic Sectors

February 11, 2025

6.2 e& Hall

This session delves into • The applications of AI and new technologies in labour market governance and use of AI and new technologies to foster an innovative, agile, and citizen-centric government framework. • The future of economic sectors due to rapid technological expansion. Businesses and organizations must adapt to these trends to remain competitive and address emerging challenges and opportunities across various industries • The crucial role of governments in guiding workforce transitions through AI's economic neutral sectors (sometime called as “human centric sectors”, the economic sectors that less impacted by the AI such as tourism and creative industries). By prioritizing these sectors, governments can mitigate the risks of job displacement, ensure equitable opportunities, and drive sustainable growth. The discussion will emphasize policies and frameworks that support smooth transitions, ensuring that AI benefits all segments of society. • Enhancing Policy Responsiveness and Agility - benefits and challenges of using real-time labour market data to make timely policy adjustments and respond to emerging labour market trends and economic shocks • How Data Analytics & A.I. Are Shaping the future of labour market - emerging trends in the data analytics job market 1. Data-driven insights 2. AI: Task Automation and Enhancement of Human Potential 3. AI and Machine Learning 4. Cloud Computing 5. Data Visualization 6. Data Privacy and Security
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