In 2022, Singapore's digital economy contributed S$106 billion, or 17% of GDP. 

According to McKinsey’s recent global survey, the adoption of generative AI has nearly doubled within a year, with 65% of organisations now using it regularly.

While Gen AI is regarded as a catalyst driving transformative solutions and greater efficiency, how can companies reinvent roles and reshape the workforce to adapt to new technologies and drive future growth? More importantly, what does it really take to train an entire workforce to be fully conversant with Generative AI?

Timothy Yap, Associate Partner, McKinsey & Company and Samantha Su, Director, Digital Transformation, Infocomm Media Development Authority (IMDA) share more.

In 2022, Singapore's digital economy contributed S$106 billion, or 17% of GDP. 
According to McKinsey’s recent global survey, the adoption of generative AI has nearly doubled within a year, with 65% of organisations now using it regularly.
While Gen AI is regarded as a catalyst driving transformative solutions and greater efficiency, how can companies reinvent roles and reshape the workforce to adapt to new technologies and drive future growth? More importantly, what does it really take to train an entire workforce to be fully conversant with Generative AI?
Timothy Yap, Associate Partner, McKinsey &amp; Company and Samantha Su, Director, Digital Transformation, Infocomm Media Development Authority (IMDA) share more.

Stay in the know with programs such as Viewpoint and Industry Insights in property, cryptocurrency, aviation, and shipping. 

We delve into the latest news, current events, and market updates to provide you with valuable insights into making informed financial decisions.

Stay in the know with programs such as Viewpoint and Industry Insights in property, cryptocurrency, aviation, and shipping. We delve into the latest news, current events, and market updates to provide you with valuable insights into making informed financial decisions.

The Afternoon Update with Lynlee Foo

The Afternoon Update with Lynlee Foo (1pm – 4pm)

Industry Insight:  Gen AI and its impact on Singapore's workforce

Sustainability is a crucial area of focus in the fashion industry. The increasing awareness of the negative impacts of fast fashion on the environment and society has led to the need for sustainable practices. 

The Singapore Fashion Council (SFC) strongly promotes circularity in fashion and has recently launched an initiative to drive home the importance of embracing circularity and the perpetual cycles of regeneration, reuse, and resource optimisation in production. The SFC is the official association for the textile and fashion industry in Singapore. 

Zhang Ting-Ting, CEO of the Singapore Fashion Council shares more about the latest trends and sustainable practices in the fashion industry.

Sustainability is a crucial area of focus in the fashion industry. The increasing awareness of the negative impacts of fast fashion on the environment and society has led to the need for sustainable practices. 
The Singapore Fashion Council (SFC) strongly promotes circularity in fashion and has recently launched an initiative to drive home the importance of embracing circularity and the perpetual cycles of regeneration, reuse, and resource optimisation in production. The SFC is the official association for the textile and fashion industry in Singapore. 
Zhang Ting-Ting, CEO of the Singapore Fashion Council shares more about the latest trends and sustainable practices in the fashion industry.

Industry Insight: Circularity efforts in Singapore's fashion industry

In Southeast Asia, streaming entertainment is mostly consumed via smartphones by users heavily reliant on their mobile devices. This means most businesses would stand to gain from using software designed with the smartphone in mind. To that end, industry players like Agora, a pioneer and leader in real-time engagement technology, are looking into mobile-first and AI-enhanced communication solutions.

What sort of innovations can we expect?

For more about their work, Lawrence Wu, Head of (Internet of Things)IoT Industry,and Effie Pang, Director of Sales, share more about their rapidly expanding video streaming and AI-driven communications software services that are mobile oriented for a more positive user experience. 

In Southeast Asia, streaming entertainment is mostly consumed via smartphones by users heavily reliant on their mobile devices. This means most businesses would stand to gain from using software designed with the smartphone in mind. To that end, industry players like Agora, a pioneer and leader in real-time engagement technology, are looking into mobile-first and AI-enhanced communication solutions.
What sort of innovations can we expect?
For more about their work, Lawrence Wu, Head of (Internet of Things)IoT Industry, and Effie Pang, Director of Sales, share more about their rapidly expanding video streaming and AI-driven communications software services that are mobile oriented for a more positive user experience.

Industry Insight: Emerging trends in real-time communication in the AI landscape

Nvidia reported Q3 earnings today (20 Nov) and results suggest that Nvidia is continuing to grow quickly while demand for its powerful artificial intelligence chips remains high.

However, the reported number of a 94% year-on-year surge in revenue for the third quarter to $35.08 billion is still a consecutive slowdown from the previous three quarters. 

In terms of price action, shares fell 2% in extended trading, from $145 a share to $142. The Options market expected moves of about 10%.  

Isaac Lim, Chief Market Strategist, at online investment platform, Moomoo Singapore, discussed this price action and the possible implications of the consecutive revenue slowdowns, and where Nvidia is headed in 2025.

Nvidia reported Q3 earnings today (20 Nov) and results suggest that Nvidia is continuing to grow quickly while demand for its powerful artificial intelligence chips remains high.
However, the reported number of a 94% year-on-year surge in revenue for the third quarter to $35.08 billion is still a consecutive slowdown from the previous three quarters. 
In terms of price action, shares fell 2% in extended trading, from $145 a share to $142. The Options market expected moves of about 10%.  
Isaac Lim, Chief Market Strategist, at online investment platform, Moomoo Singapore, discussed this price action and the possible implications of the consecutive revenue slowdowns, and where Nvidia is headed in 2025.

Industry Insight: Gen AI and its impact on Singapore's workforce

In 1 playlist(s)

The Afternoon Update with Lynlee Foo (1pm – 4pm)

Social links

Follow podcast

Recent clips