: Malaysia has the potential to greatly improve productivity through the adoption of artificial intelligence , surpassing the benefits of digitalisation, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
Alongside AI is the move to enhance research and development to increase economic complexity by producing and delivering competitive products and services, enabling companies and economies to participate in higher-value global chains, he said. He noted that the report recommends governments at all levels embrace good regulatory practice and have the ease of doing business mindset, minimising shocks and unpredictability in regulatory compliance.“At the same time, they must value and reward employees who continuously upskill or reskill, ensuring their competencies stay relevant in our rapidly evolving landscape,” said the minister.
These include talent management, public service delivery, digitalisation improvements, and the management of both the domestic economy and international trade, he said.