Information Technology and Business Process Association of the Philippines president and CEO Jack Madrid gives the lowdown on the impact of generative AI
MANILA, Philippines – Artificial intelligence presents both opportunities and threats to the information technology and business process outsourcing sectors.by automating repetitive tasks, and can lead to cost savings and increased competitiveness for companies.
However, the flip side of this automation is the potential for job displacement. This raises concerns about the future employability of workers in the IT and BPO sectors, and the need for reskilling programs to ensure that employees can adapt to evolving job roles.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jack Johnson, Novo Amor, Beenzino to perform in Wanderland 2024Tickets for the March 2024 show will go on sale starting September 20
Read more »
The Philippine real estate market in 2Q 2023: Imminent business boom in LuzonThe second quarter of 2023 saw an economic slowdown due to high commodity prices and the lagged impact of interest
Read more »
Safeguarding banks, financial sector from cyber risksYour business is our business. Join our senior anchor Rico Hizon on The Exchange.Some of the biggest risks to cybersecurity are attacks to banks and the financial sector. Let's have an exchange with Bankers Association of the Philippines Cybersecurity Committee member Joey Rufo.
Read more »
Beefing up businesses' cybersecurityYour business is our business. Join our senior anchor Rico Hizon on The Exchange.Tens of millions could be lost by companies from a single data breach. And so most businesses now opt to get help in beefing up their cybersecurity apparatus. Let's have an exchange with IBM Security’s Chris Hockings joining us from Brisbane, Australia.
Read more »
Taylor Swift takes on HollywoodNEW YORK: She already rules music, so now it's on to Tinseltown: Taylor Swift's concert documentary is poised to dominate the fall movie season, challenging the hegemony of film studios and consecrating her business empire.
Read more »
New Spain women’s coach calls up World Cup-winning players but they don’t plan to end their boycott » BusinessMirrorMADRID—Spain's World Cup-winning women's players don't plan to end their boycott of the national team despite being called up for the squad by new coach Montse Tomé on Monday. The players said they were caught by surprise by the call-up after they had made clear their decision not to play for the national team until
Read more »