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Wednesday, November 20, 2024

Filipino workers gear up for AI revolution

Filipino employees are gearing up for a workplace revolution as artificial intelligence (AI) reshapes industries worldwide, according to the latest Decoding Global Talent Report 2024 conducted by JobStreet by SEEK’s in partnership with Boston Consulting Group and The Network.

The report, unveiled in the Philippines Wednesday, showed that 56 percent of Filipino workers anticipate significant changes to their roles due to AI adoption.

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“While many acknowledge the changes AI will bring, Filipinos show a higher willingness to reskill compared to Southeast Asia and global averages,” said JobStreet by SEEK’s marketing manager for hiring Agustin Juanengo.

He said 82 percent of Filipinos foresee changes in their jobs due to AI. Of these, 35 percent expect major shifts or even the disappearance of their roles, which is better compared to the global average.

The survey, which included over 150,000 global respondents—6,500 of whom were Filipinos from various industries and educational backgrounds—revealed that craft and physical work employees are most concerned about AI’s impact.

These workers fear job automation, while technical and engineering professionals are more optimistic, with only 28 to 30 percent expecting their roles to be significantly affected.

Despite these challenges, Filipino workers are taking a proactive stance. Over 70 percent expressed a willingness to reskill, compared to global counterparts who are less inclined to adapt.

Among these, 24 percent are open to reskilling only when absolutely necessary.

Juanengo also highlighted increased job market activity in the Philippines. “Our internal data shows a 179 percent year-on-year increase in job applications per ad. Though unemployment is lower, employed individuals are actively seeking better opportunities, creating stiff competition among job seekers,” he said.

JobStreet by SEEK’s marketing head Joey Yusingco emphasized AI’s role in enhancing recruitment.

“We send 130 million job recommendations monthly, all powered by AI. Our platform hosts the largest candidate pool in the Philippines, with 12 million profiles. Two in four people find jobs through JobStreet,” Yusingco said.

“AI isn’t something to fear. With the right training, it can enhance efficiency and transform work processes for the better,” he said.

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