Economic Forum 2024: Artificial Intelligence (Ai) and Big Data in The Current and Future Workspace

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26 Jul 2024

3 Min Read

Taylor's Team (Editor)

IN THIS ARTICLE

On 17 July 2024, Taylor’s College hosted the annual Economic Forum titled ‘Artificial Intelligence (AI) and Big Data in The Current and Future Workspace’ The event attracted a notable crowd of 190 attendees, primarily consisting of AUSMAT and Cambridge A Level students from the School of Pre-University Studies, along with staff, faculty, and members of the public.

 

The forum featured a lineup of esteemed panellists, including industry experts from AI Nusantara and Urbanmetry, as well as respected academics from Universiti Tun Hussein Onn Malaysia and Taylor’s University. Together, they illuminated the profound impact of AI and big data on Malaysia’s workplace and future career landscapes.

Photo op of Taylor's College Economic Forum 2024 featuring the speakers and Taylor's key representatives

The forum aimed to address the integration and impact of AI and big data in the workplace through comprehensive knowledge sharing, increasing education and awareness, exploring the challenges and potential solutions, and fostering a long-term impact on participants and the broader community. It sought to provide a platform for experts to share insights, discuss ethical considerations, and propose strategies to harness these technologies effectively while ensuring participants are well-equipped for future advancements.

Forum Key Takeaways

Panel of Economic Forum 2024
Creativity and Human Ingenuity  

 

While AI excels at generating content quickly, the panellists emphasised that true creativity remains a distinctly human trait. They pointed out that AI can support and enhance our creative processes, but the deepest insights and breakthroughs in problem-solving continue to require a human touch. This reminder to value and cultivate our creative capabilities alongside AI tools highlights an exciting synergy between human ingenuity and machine efficiency.

 

Educational Imperatives

 

The panel stressed the imperative need to develop an educational framework that extends beyond merely instructing students on the use of AI and big data. The emphasis was on cultivating a generation of innovators and technologists who can pioneer new AI technologies and methodologies. The goal is to transform students from passive consumers of technology into active creators and thought leaders in AI and big data.

 

AI in the Job Market

 

Contrary to common fears that AI might lead to significant job displacement, the speakers highlighted AI's role as a job enhancer rather than a job replacer. AI is poised to take over repetitive and mundane tasks, which allows human employees to focus on more complex, creative, and strategic aspects of their roles. 

Engaging Dialogues and Student Insights

One student addressing a question among the crowd

The event not only offered a wealth of knowledge but also sparked enthusiastic discussions among students. Feedback was overwhelmingly positive, with many expressing that the forum had broadened their perspectives on the practical and transformative uses of AI and big data.

 

For instance, Zaheen Aleesa Binti Ahmad Zamwawi, a Cambridge A Level student and Petronas scholar, reflected on her newfound appreciation for big data, particularly its potential to enhance urban planning and development. Asrul Afzal Bin Asrul Kamal, another scholar, noted the forum’s role in altering his view of AI—from seeing it as a potential threat to recognising it as a valuable tool that complements human ingenuity.

Conclusion

The forum successfully addressed its aim to shed light on these pivotal technologies and their role in shaping the future workspace. It not only educated but also engaged its audience, leaving them inspired and better prepared for the technological advancements that lie ahead.

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