Singapore's President warns of AI's risk to employment for fresh graduates
During the IMF and World Bank annual meetings in Bangkok, Singapore President Tharman Shanmugaratnam raised concerns about the shrinking job market for fresh graduates due to the rise of artificial intelligence. He warned that without immediate action, the issue could have serious long-term ramifications. The challenges are particularly severe in sectors vulnerable to AI, which may exacerbate inequalities between developing and advanced economies, highlighting the need for equitable growth.
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