February 25, 2024

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Malaysia Leverages AI to Achieve Economic Goals

As the world increasingly experiences the impacts of Industrial Revolution 4.0 (IR 4.0), AI technology emerges as a significant player in the global economic and industrial landscape. In a bid to elevate Malaysia into a high-income nation, the government, in line with global sentiment, shares optimism about incorporating artificial intelligence (AI) technology.

However, the primary hurdle arises from the community’s “misunderstanding” and reluctance to adopt transformative changes. A lack of understanding among Malaysians has led to a perception of AI as a threat rather than a positive force.

Experts emphasise that the public’s misconceptions stem from viewing AI as an ‘enemy’ set to replace human functions, potentially leading to increased unemployment. Contrary to this assumption, the transition to AI technology is envisioned to create highly skilled job opportunities for locals, dispelling fears of widespread job loss.

Prof Dr Rusli Abdullah sees the Al For People programme, launched by Prime Minister Datuk Seri Anwar Ibrahim, as a crucial initiative to disseminate the importance and benefits of AI, aligning with the government’s vision of building a digital economy.

Embracing AI technology is crucial for societal advancement as it not only facilitates the development of a highly skilled workforce but also opens avenues for individuals to gain proficiency in a diverse range of technological applications. This transformative shift empowers the workforce with the necessary skills to navigate an increasingly digital landscape, thereby enhancing employment opportunities and contributing to the overall growth of the nation.

Understanding AI technology becomes a pivotal stage in rallying the community to embrace digital transformation, creating a workforce capable of leveraging technology applications and increasing employment opportunities. Experts suggest that AI technology should be seen not as a substitute for human labour but as a complement that, if explored effectively, can bring positive effects to various sectors.

The introduction of the Al For People programme is seen as a significant step to bridging the digital literacy gap and enhancing understanding of AI, particularly among urban and rural residents. With the digital divide still prevalent in Malaysia, the programme aims to expose society to the fundamental aspects of AI, ensuring inclusivity and participation in the technological paradigm shift.

According to ‘The Economy Impact Of Generative AI: The Future of Work In Malaysia’ report by the Malaysia Center for 4th Industrial Revolution, Generative AI technology alone has the potential to unlock a productive capacity worth US$ 113.4 billion in the Malaysian economy if fully adopted across all industries.

Malaysia has initiated the “AI for Rakyat (People)” programme, a collaborative effort between the Economy Ministry and a tech giant, aiming to enhance public literacy in artificial intelligence (AI).

Prime Minister Anwar Ibrahim stressed the urgency for people to grasp AI basics, dispel fears of new technology, and avoid falling behind globally. The programme’s goal is to bridge the digital divide, counter elitism, and ensure inclusivity. With a four-hour module, the government anticipates that one million Malaysians will acquire fundamental AI skills within three years.

Prime Minister Anwar stresses the urgency for all parties to respond to this paradigm shift, emphasising the programme’s goal to create a digitally literate and AI-literate society by targeting one million users by the end of the year.

Malaysia remains dedicated to equipping its citizens with the indispensable skills and knowledge required for success in a continually evolving and digitally-dominated global landscape. In line with this, the SAYA DIGITAL is a broad campaign to enhance digital skills across urban and rural communities. Beyond mere literacy, the goal is to foster a technologically proficient society emphasising smart living and equality.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

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CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

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HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

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IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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