Artificial intelligence (AI) is rapidly transforming industries, business models, and labour markets worldwide. As i Capital recently highlighted, the disruption is no longer theoretical — many economies are already experiencing its impact. Recently, Block Inc. announced plans to lay off around 4,000 of its 10,000 employees as it accelerates AI adoption. Its CEO indicated that similar workforce restructuring may follow across industries as companies seek efficiency gains from advanced “intelligence tools.”

While Malaysia has not yet experienced AI-driven job losses, it is unlikely to remain unaffected. The key concern is Malaysia’s limited preparedness. AI readiness across education, workforce reskilling, and employer adaptation remains weak. Many students are still being trained for roles that may evolve dramatically or disappear entirely by the time they graduate.

Playing his part in creating the much-needed awareness, Tan Teng Boo took the initiative, through the ICAP Fan Club, to invite an experienced recruiter from Singapore to share his first-hand experience on the impact of AI on the Singapore job market. Beyond its role as an investment adviser and fund manager, Capital Dynamics always does all it can to contribute to the betterment of Malaysia.