Economists and analysts in Indonesia, Malaysia, the Philippines, Singapore, Thailand, and India have weighed in on the potential effects of generative artificial intelligence on employment. As part of the Asia economic consensus survey conducted by the Japan Center for Economic Research and Nikkei, experts were asked about the impact of new technology on job prospects. The results, published on Monday, revealed concerns that AI technology, like OpenAI’s ChatGPT, could have negative employment implications, particularly in India and Indonesia. With both countries boasting significant populations of young people, there are fears that the advancement of AI technology could potentially limit job opportunities for this demographic. To address these concerns, it is crucial to monitor and mitigate any adverse effects on employment as AI technology continues to evolve.
