AI & The Fourth Industrial Revolution

Welcome to Vietnam Untold, your ultimate source for the latest news and insights on Vietnam. In today’s episode, we’ll delve into the fascinating world of artificial intelligence and its impact on the Vietnamese workforce. 

A recent report by Microsoft titled “Will AI Change the Way Humans Work?” provides us with important insights. It reveals that the fast-paced nature of work is becoming overwhelming for humans, affecting our ability to innovate. However, the report also highlights that adopting advanced AI technology can actually alleviate our workload and enhance our creativity and productivity.

Ms. Nguyen Quynh Tram, the General Director of Microsoft Vietnam, emphasizes that AI is more than just a tool; it acts as a virtual assistant to humans. By handling large volumes of data, AI frees us to focus on generating new ideas and improving our work processes.

The report also sheds light on how people spend their time at work, with over half of working hours dedicated to communication tools like email, Teams Meetings, and Teams Chat.

Notably, in Vietnam, an impressive 90% of workers express a strong desire to delegate tasks to AI in order to reduce their workload, surpassing the global average of around 70%. However, approximately half of Vietnamese employees also harbor concerns about AI potentially replacing their jobs.

Analysts posit that while the Fourth Industrial Revolution may lead to certain job displacements, it will also create new jobs that demand higher skills. Thus, while some roles may disappear, new opportunities will emerge. To prepare for this shift, workers must acquire new skills and knowledge.

Vietnam Untold serves as an exemplary case, with its adoption of AI for writing, emotional voice, and, of course, an AI news presenter that delivers up-to-date news about Vietnam and Vietnamese Americans.

The report emphasizes that it’s not solely AI experts who need to develop new skills; all employees should learn how to guide AI systems and possess a comprehensive understanding of AI. Remarkably, 94% of Vietnamese business leaders recognize the necessity for their employees to acquire new skills, surpassing the global average of 82%.

AI is an inevitable tool that will impact the daily work lives of laborers. To fully harness its potential, Vietnamese workers need to be prepared, ensuring they do not fall behind in the ever-evolving labor market.

And that concludes today’s episode of Vietnam Untold. Stay tuned for more updates on the dynamic landscape of Vietnam.