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Showing posts with label skills. Show all posts
Showing posts with label skills. Show all posts

Monday 10 July 2023

‘Time for all to be trained to use AI’

There are encouraging signs that professionals in Malaysia are equipping themselves with a combination of hard and soft skills to enhance their employability and remain competitive. — 123rf.com
 

 

THE sooner bosses pay attention to artificial intelligence (AI) and what it can do, the better for all, including workers and the business.

As such, guidelines should be introduced by bosses in the country on how their workers should use AI in their jobs, says Malaysian Employers Federation (MEF) president Datuk Dr Syed Hussain Syed Husman.

He was responding to a proposal by the Human Resources Ministry for employers to develop their own policies and procedures for the ethical use of AI in view of its growth in Malaysia.

“This is a good suggestion as the world of work is changing and becoming more automated.

“Such a trend will continue. So the sooner we pay attention to this, the better.

“Now is the time to see how AI can help businesses and the industry, while looking at some guiding principles to help manage this,” he says.

While AI promises to smooth operations, he admits there are concerns over security, privacy, data trust, and ethics over its use.

“Businesses using AI models such as ChatGPT need to be aware that generative AI comes with its own set of risks.

“There is a need to establish rules and procedures to ensure secure implementation of AI.

“It will take time and human expertise to unlock AI’s full potential in a way that’s responsible, trustworthy and safe,” he says.

Recently, it was reported that more companies in Malaysia are exploring and integrating generative AI into their business operations.

However, not many have come up with official policies for its workers on its usage.

Some companies which have introduced guidelines have advised workers against providing personal information to AI systems to prevent any privacy issues.

While bosses are aware of the benefits AI can bring, MEF highlights the need for everyone to be trained to use it effectively.

“A lack of skilled talent and technical expertise has been a top barrier to implementing AI since its inception.

“To stay competitive in a tight labour market, companies must train their teams to use AI effectively and responsibly.

“If people don’t trust the work AI does or the data it’s built on, adoption of AI will lag and returns on investment will not be as fast as they should be,” Syed Hussain says.

In the next five years, he says bosses expect more people to be working alongside robots and smart machines specifically designed to help them to do their jobs better and more efficiently.

At the same time, jobs that can be performed through a simple search online or on ChatGPT could be at risk, says JobStreet Malaysia managing director Vic Sithasanan.

“In its place would be the prioritisation of skills to be able to query, discern, and ‘connect the dots’ or find relevance with technology that cannot replace the human touch,” he explains.

Even before Covid-19 posed a threat, job security was already on people’s minds because of automation, he adds.

“Almost every kind of worker has some level of concern.

“JobStreet’s Decoding Global Talent’s third report showed that in 2021, 46% of workers in their 20s and 41% in their 30s were already worried about technology putting them out of work.

“From media to information technology, concerns about automation are particularly high – especially among workers with repetitive jobs,” he says.

According to JobStreet, among some of the industries and jobs that may be replaced by AI – and not just ChatGPT – are translating, managing social media, umpiring sports, and jobs in libraries and call centres.“However, while many people are nervously waiting for the world to become completely reliant on AI in the next few decades, there will always be a need for human force to drive this automation.

“Though there may be many jobs that will disappear in the near future due to AI replacement, jobseekers, employees and even employers can enhance and enrich their potential to ensure that their career stays current and in demand.

“The world’s workforce may combine man and machine, but a robot-dominated world is not about to become a practical reality yet,” Sithasanan says.

While the work landscape is evolving due to technology, so are the skills in need, says LinkedIn country manager for Malaysia Rohit Kalsy.

“LinkedIn research shows that top skills required for a particular job have changed by an average of 27% since 2015, with the pace of change accelerating during the pandemic.

“At this pace, skills could change by 43% to 47% by 2025.

“Between 2021 and 2025, we would likely see three new skills in the top skills for a job,” says Rohit, who is also the company’s head of emerging markets (South-East Asia).

However, there are encouraging signs that professionals in Malaysia are equipping themselves with a combination of hard and soft skills to enhance their employability and remain competitive.

“Malaysian learners were among the 7.3 million globally who enrolled in the top 20 most popular LinkedIn learning courses between June 1, 2021, and June 30 last year.

“This is almost double from the previous year. Such figures show that more are building skills to future-proof their careers,” Rohit points out.

Last month, the Human Resources Ministry said that, with the rise of AI use, as many as 4.5 million Malaysians are likely to lose their jobs by 2030 if they do not improve their skills or attend reskilling and upskilling programmes

By YUEN MEIKENG

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🔥 𝐌𝐚𝐜𝐡𝐢𝐧𝐞 𝐋𝐞𝐚𝐫𝐧𝐢𝐧𝐠 𝐄𝐧𝐠𝐢𝐧𝐞𝐞𝐫 𝐌𝐚𝐬𝐭𝐞𝐫𝐬 𝐏𝐫𝐨𝐠𝐫𝐚𝐦 : https://www.edureka.co/masters-progra... (Use Code "𝐘𝐎𝐔𝐓𝐔𝐁𝐄𝟐𝟎") This Edureka video on "Artificial Intelligence Full Course" will provide you with a comprehensive and detailed knowledge of Artificial Intelligence concepts with hands-on examples. 00:00:00 Introduction 00:01:16 Agenda 00:02:22 What is AI 00:15:38 Examples of AI 00:21:16 Deep learning IS machine learning 00:26:53 AI Explained 00:28:19 AI Vs ML Vs DL 00:29:09 Importance of AI 00:31:23 Types of AI 00:32:53 Applications of AI 00:37:33 Domains of AI 00:40:21 Job Profiles in AI 00:43:54 Object Detection 00:55:28 How to become an AI Engineer 01:07:55 Stages of AI 01:12:54 Domains of AI 01:15:42 AI With Python 01:38:50 Introduction to ML 01:49:42 Types of ML 01:59:13 ML Algorithm 02:14:17 Limitations of ML 02:16:15 Introduction to DL 02:20:09 Use Cases of DL 02:43:05 NLP 02:47:13 What is NLP 02:48:13 Applications of NLP 03:05:56 TensorFlow Explained 03:15:41 TensorFlow 03:22:17 Hands-On 03:30:48 Convolutional Neural Networks 03:36:00 Convolutional Layer 03:46:44 Use Cases 03:56:25 What are Artificial Neural Networks 04:08:43 Training a Neural Network 04:20:05 Applications of Neural Network 04:23:11 Recurrent Neural Network 04:35:10 Long Short-Term Memory Networks 04:44:47 Long Short-Term Memory Networks - Use Case 04:52:04 Keras 05:02:40 Use Case With Keras 05:17:10 A* Algorithm in AI 05:41:52 Cognitive AI 05:46:51 COgnitive AI - Use Cases 05:50:14 Q Learning Explained 06:04:49 Transitioning to Q Learning 06:16:37 Water Jug Problem in AI 06:38:21 ChatGpt Explained 06:47:59 Dangers of AI 06:53:48 What AI is Like Right Now? 07:00:28 Mid-term dangers 07:08:43 What Does the Future Hold 07:10:41 Knowledge Representation in AI 07:26:10 Hill Climbing Algorithm 07:55:20 TOp 10 APplications of AI 08:09:59 Top 10 AI technologies 08:19:03 Top 10 Benefits of AI 08:30:52 AI Roadmap 08:42:21 AI Interview Questions & Answers 🔴 Subscribe to our channel to get video updates. Hit the subscribe button above: https://goo.gl/6ohpTV 🔴 𝐄𝐝𝐮𝐫𝐞𝐤𝐚 𝐎𝐧𝐥𝐢𝐧𝐞 𝐓𝐫𝐚𝐢𝐧𝐢𝐧𝐠 𝐚𝐧𝐝 𝐂𝐞𝐫𝐭𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬 🔵 DevOps Online Training: http://bit.ly/3VkBRUT 🌕 AWS Online Training: http://bit.ly/3ADYwDY 🔵 React Online Training: http://bit.ly/3Vc4yDw 🌕 Tableau Online Training: http://bit.ly/3guTe6J 🔵 Power BI Online Training: http://bit.ly/3VntjMY 🌕 Selenium Online Training: http://bit.ly/3EVDtis 🔵 PMP Online Training: http://bit.ly/3XugO44 🌕 Salesforce Online Training: http://bit.ly/3OsAXDH 🔵 Cybersecurity Online Training: http://bit.ly/3tXgw8t 🌕 Java Online Training: http://bit.ly/3tRxghg 🔵 Big Data Online Training: http://bit.ly/3EvUqP5 🌕 RPA Online Training: http://bit.ly/3GFHKYB 🔵 Python Online Training: http://bit.ly/3Oubt8M 🌕 Azure Online Training: http://bit.ly/3i4P85F 🔵 GCP Online Training: http://bit.ly/3VkCzS3 🌕 Microservices Online Training: http://bit.ly/3gxYqqv 🔵 Data Science Online Training: http://bit.ly/3V3nLrc 🌕 CEHv12 Online Training: http://bit.ly/3Vhq8Hj 🔵 Angular Online Training: http://bit.ly/3EYcCTe 🔴 𝐄𝐝𝐮𝐫𝐞𝐤𝐚 𝐑𝐨𝐥𝐞-𝐁𝐚𝐬𝐞𝐝 𝐂𝐨𝐮𝐫𝐬𝐞𝐬 🔵 DevOps Engineer Masters Program: http://bit.ly/3Oud9PC 🌕 Cloud Architect Masters Program: http://bit.ly/3OvueZy 🔵 Data Scientist Masters Program: http://bit.ly/3tUAOiT 🌕 Big Data Architect Masters Program: http://bit.ly/3tTWT0V 🔵 Machine Learning Engineer Masters Program: http://bit.ly/3AEq4c4 🌕 Business Intelligence Masters Program: http://bit.ly/3UZPqJz 🔵 Python Developer Masters Program: http://bit.ly/3EV6kDv 🌕 RPA Developer Masters Program: http://bit.ly/3OteYfP 🔵 Web Development Masters Program: http://bit.ly/3U9R5va 🌕 Computer Science Bootcamp Program: http://bit.ly/3UZxPBy 🔵 Cyber Security Masters Program: http://bit.ly/3U25rNR 🌕 Full Stack Developer Masters Program: http://bit.ly/3tWCE2S 🔵 Automation Testing Engineer Masters Program: http://bit.ly/3AGXg2J 🌕 Python Developer Masters Program: https://bit.ly/3EV6kDv 🔵 Azure Cloud Engineer Masters Program: http://bit.ly/3AEBHzH 🔴 𝐄𝐝𝐮𝐫𝐞𝐤𝐚 𝐔𝐧𝐢𝐯𝐞𝐫𝐬𝐢𝐭𝐲 𝐏𝐫𝐨𝐠𝐫𝐚𝐦𝐬 🌕 Professional Certificate Program in DevOps with Purdue University: https://bit.ly/3Ov52lT 🔵 Advanced Certificate Program in Data Science with E&ICT Academy, IIT Guwahati: http://bit.ly/3V7ffrh 🌕 Artificial and Machine Learning PGD with E&ICT Academy NIT Warangal: http://bit.ly/3OuZ3xs 📢📢 𝐓𝐨𝐩 𝟏𝟎 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐞𝐬 𝐭𝐨 𝐋𝐞𝐚𝐫𝐧 𝐢𝐧 2023 𝐒𝐞𝐫𝐢𝐞𝐬 📢📢 ⏩ NEW Top 10 Technologies To Learn In 2023 -    • Top 10 Technologi...   📌𝐓𝐞𝐥𝐞𝐠𝐫𝐚𝐦: https://t.me/edurekaupdates 📌𝐓𝐰𝐢𝐭𝐭𝐞𝐫: https://twitter.com/edurekain 📌𝐋𝐢𝐧𝐤𝐞𝐝𝐈𝐧: https://www.linkedin.com/company/edureka 📌𝐈𝐧𝐬𝐭𝐚𝐠𝐫𝐚𝐦: https://www.instagram.com/edureka_lea... 📌𝐅𝐚𝐜𝐞𝐛𝐨𝐨𝐤: https://www.facebook.com/edurekaIN/ 📌𝐒𝐥𝐢𝐝𝐞𝐒𝐡𝐚𝐫𝐞: https://www.slideshare.net/EdurekaIN Got a question on the topic? Please share it in the comment section below and our experts will answer. Please write to us at sales@edureka.co or call us at IND: 9606058406 / US: 18338555775 (toll-free) for more information.
 

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THE NEW YORK TIMES , USA TODAY , AND WALL STREET JOURNAL BESTSELLER

Saturday 20 May 2023

Starting salaries are higher now

 

Having what it takes: Among the criteria that recruiters look at before hiring were if prospective employees were willing to take up the challenges and go the extra mile to execute and deliver their work. — CHAN BOON KAI/The Star

 

https://cdn.thestar.com.my/Content/Images/job_vacancies_19052023.jpg

GEORGE TOWN: Starting salaries for fresh graduates entering the job market has risen by about 30% compared with before the pandemic due to lifestyle and high cost of living, say recruiters and human resource practitioners.

In Penang’s hotel and tourism industries, starting salaries for fresh graduates now are at RM2,500 onwards while in the manufacturing sector, the starting salary for engineers can be RM4,000 and as much as RM5,000.

Malaysia Association of Hotels (MAH) Penang chairman Tony Goh said the higher salary is due to the supply and demand in the tourism industry and taking into account the current higher cost of living.

“For us now, salaries are definitely higher compared with before the pandemic. We don’t expect them (new graduates) to work with a basic salary of RM1,300 to RM1,500 like before.

 “The second thing is, people must be able to sustain the lifestyle they need while working with us, hence the need for higher basic salaries,” he said.

He said the minimum wage rule imposed by the government last year contributed to the generally higher salaries for all other positions now.

He said new graduates who are eligible and qualified would be paid a basic salary of around RM2,500, excluding allowances.

Since May 1 last year, employers with five or more workers were required by the Minimum Wages Order 2022 to increase the minimum wage to RM1,500.

Goh said among the careers sought by new graduates in the hotel and tourism industries are receptionists, executives, sales coordinators and administration executives.

In an exclusive report yesterday, The Star revealed that industry research showed that fresh graduates’ salaries ranged from about RM2,600 to almost RM2,900 in the Klang Valley and Johor Baru, while it was about RM2,400 in Melaka.Leaders of business NGOs interviewed opined that fresh graduates should manage their starting salary expectations, on top of reviewing their life goals.

But a check in Penang’s manufacturing sector showed that graduates with Science, Technology, Engineering and Mathematics (STEM) capabilities might enjoy a much better starting point.

Factories can pay fresh graduates as much as RM5,000 if they are involved in the design and development of integrated circuits, said Malaysia Semiconductor Industry Association’s Datuk Seri Wong Siew Hai.

“Generally, any STEM graduate working in Penang’s factories can expect a starting pay of about RM3,500,” he said.

He urged parents to help their children develop a passion for STEM to give them a good starting point after getting their first degree.

Pentamaster Corporation Berhad group executive chairman Chuah Choon Bin said the median salary for STEM graduates in Penang now is about RM4,000, and this is due to the surge in foreign direct investments (FDIs) in Penang last year.

“Because of the high FDI, there is a lot of competition for manpower, so multinational companies increase the offered pay to attract skilled workers and fresh graduates,” he said.

Chuah, however, said this year, the hiring wave is down a bit due to the slowing global consumer market, the trade war and the war between Russia and Ukraine.

He said some companies have started slashing down their workforce by implementing voluntary separation schemes and shortening operating hours to cut costs.

Chuah said he expects the slowdown to continue until the end of the year, depending on the outcome of the Russia-Ukraine war and how intense the trade war between the United States and China would be.

Human resource specialist Azimah Aziz said that normally starting salaries are based on job scope and the candidate’s experience.

“For example, for the starting salary of a research assistant in aquaculture, the basic pay starts from RM2,900 for a fresh graduate,” she said.

She said among the criteria that recruiters look at before hiring were if prospective employees were willing to take up the challenges and go the extra mile to execute and deliver their work. 

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Fresh grads want too much

thestar.com.my/news/nation/20

... if you have a Master’s degree, it sets you apart from others and your employability may be higher for a managerial position in the industry, compared with someone who does not possess such a qualification...


 
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Saturday 18 February 2023

Learn­ing is key to resi­li­ence in busi­ness

 

NINE out of 10 learn­ing and devel­op­ment (L&D) pro­fes­sion­als in this region believe that pro­act­ively build­ing employee skills for today and tomor­row will help nav­ig­ate the evolving future of work.

L&D helps organ­isa­tions thrive amid uncer­tain eco­nomic times and a people-cent­ric cul­ture recog­nises that organ­isa­tional suc­cess depends on people’s suc­cess.

  

Man­age­ment, com­mu­nic­a­tion and sales are some of the top in-demand skills that are highly sought after by com­pan­ies in Malay­sia, accord­ing to Linkedin’s latest “Work­place Learn­ing Report”. 

Since upskilling and reskilling are essen­tial, over half of those L&D lead­ers across Malay­sia, Singa­pore and the Phil­ip­pines sur­veyed expect to have more spend­ing power in 2023.

The report said reten­tion is a big issue as 93% of organ­isa­tions are con­cerned over it.

This is so since many organ­isa­tions grappled with unpre­ced­en­ted employee turnover in the pan­demic’s wake.

And even while some lay­offs have made head­lines in recent months, tal­ent devel­op­ment pro­fes­sion­als con­tinue to grapple with skills short­ages and turnover risk for crit­ical tal­ent.

It is not sur­pris­ing that attri­tion anxi­et­ies per­sist.

People who are not learn­ing nor­mally leave organ­isa­tions as they do not fit or grapple to under­stand the new ways of doing things. 

Com­piled by B.k. SIDHU bksidhu@the­star.com.my 

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