Summary:
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Job Threat
The Philippines’ $38 billion outsourcing industry is under threat as AI tools could displace up to 300,000 BPO jobs in the next five years. -
AI’s Dual Role
While AI may eliminate many traditional roles, it could also generate 100,000 new jobs in algorithm training and data management. -
Government Response
To counter the impact, the Philippine government is investing in AI research and worker retraining programs to prepare the workforce for future opportunities.
Read more at: Bloomberg
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