Technology will displace 28 million workers in the ASEAN region by 2028, but by boosting real incomes it will generate new demands for workers too. Jobs will evolve, rather than disappear, posing a considerable reskilling challenge to ASEAN workers.
Artificial Intelligence-enabled technologies will deliver substantial productivity gains across all sectors of ASEAN economies over the next decade, resulting in major benefits for businesses and prosperity for the region. However, this will have a significant impact on the labour market as AI-enabled technologies will make many skills sets, and job profiles, redundant.
In a follow up to Oxford Economics’ 2018 collaboration with Cisco, "The AI Paradox: How robots are making jobs more human", we have teamed up with Cisco to better understand the labour implications of Artificial intelligence in the ASEAN region. Which are the jobs that will be displaced by technology over the coming decade? Where will new jobs be created? And what skills challenges will this pose across the region? The report draws on input from a multidisciplinary team of experts to explore how technological change will manifest itself, how the labour market will evolve around it, and what skills shortfalls that will expose.
Read the full report
Our economic consulting team are world leaders in quantitative economic analysis, working with clients around the globe and across sectors to build models, forecast markets and evaluate interventions using state-of-the art techniques. Lead consultants on this project were:
Oxford Economics’ team is expert at applying advanced economictools that provide valuable insights into today’s most pressing business, financial,and policy issues.
To find out more about our capabilities, contact:
+44 (0)207 803 1415
+1 (646) 503 3068
+65 6829 7198
The Relevance of Silver in a Global Multi-Asset Portfolio
This study examines whether silver should be viewed as a distinct asset class that warrants a strategic investment allocation within an efficient multi-asset portfolio.Find Out More
Achieving data-led innovation for the modern supply chain
A persistent pandemic, economic uncertainty, and a global geopolitical conflict continue to dominate headlines and fuel Chief Supply Chain Officer (CSCO) frustrations. Navigating uncertainties—and managing supply chain challenges accordingly—has out of necessity become a top business priority for boards and C-suites alike.Find Out More
The Economic Impact of Drax Group in the U.K., U.S. and Canada
This study investigates Drax Group’s economic impact in the U.K., U.S., and Canada. It considers Drax’s own operations, the economic activity supported by its procurement spending and the impact of the wage payments to employees. We also consider the social value delivered by Drax Group.Find Out More