WHILE the Fourth Industrial Revolution (IR4.0) promises unprecedented technological advancement that will facilitate the growth of businesses globally, the impact that smart and autonomous processes will have on human talent cannot be denied. In 2018, a study by Cisco and Oxford Economics found that new technology could displace close to 28 million jobs in Asean alone.
Addressing students on the topic of careers and opportunities in IR4.0, Deputy International Trade and Industry Minister Dr Ong Kian Ming spoke on the National Policy on Industry 4.0 during INTI International College Kuala Lumpur’s annual Business Week.