REACH (Telegram) 141 - What are your thoughts on the issues to be discussed in Parliament today and which issue interests you the most? What are your thoughts on the motion on AI transition with "no jobless growth"?
(SK)
06 May 2026 (10am - 7pm)
REACH (Telegram)
[6/5/2026 9:53 am] REACH Singapore: Dear Contributors,
Welcome Back! π
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Megan π
[6/5/2026 10:01 am] REACH Singapore: π’ Topic π’
Parliament will sit today (6 May) at 11:00am. Parliamentary questions will discuss the use of AI in education, AI risks & regulation, transport-related issues and healthcare-related issues, as well as housing affordability. In addition, the debate on the motion on AI transition with "no jobless growth" will resume, with 19 MPs slated to debate the motion.
π¬ What are your thoughts on the issues to be discussed in Parliament today and which issue interests you the most? What are your thoughts on the motion on AI transition with "no jobless growth"?
π Resumption of debate on AI transition with "No jobless growth"
During the Parliament session yesterday (5 May), NTUC Secretary-General Mr Ng Chee Meng filed a parliamentary motion calling for no “jobless growth” amid AI disruption. He emphasised that Singapore needed to build its own localised market intelligence that better reflected workforce realities to help workers seize opportunities in an artificial intelligence-driven economy.
“The landing point is still fuzzy and uncertain. That is why Singapore needs our own trusted system of market intelligence and foresight – one that reflects our sectoral mix, workforce profile and enterprise realities,” Mr Ng said.
Mr Ng also outlined measures such as explanding the Skillsfuture Jobseeker Support Scheme to strengthen support for displaced workers, to help them secure new jobs with dignity and confidence. He also reiterated the labour movement’s position in advocating for earlier retrenchment notification, which should be done “before the employee’s last working day”.
A total of 19 MPs are scheduled to debate the motion today. MPs will vote on the motion after the debate.
π Questions on AI-related issues
Questions were filed on AI-related issues from the use of AI in education to AI risks & regulation.
On AI in education, questions were filed on the safeguards on the infusion of AI in education, developmental readiness of students, and how AI will be incorporated into the curriculum.
On AI risks & regulation, a couple of MPs raised concern about the introduction of Anthropic's Mythos product, which was reportedly able to surface vulnerabilities in software systems and generate code to exploit flaws – a feature that is said to allow hackers to speed up attacks with fewer resources. Questions were also raised on how Singapore is responding to the growing threat of deepfakes and AI‑enabled harm, as well as whether stronger measures are needed to regulate young people’s access to social media and curb addictive platform design features.
π Transport issues
Questions were filed on EV charging infrastructure, the reliability of public transport systems in light of recent disruptions, and pedestrian safety.
On public transport systems, one issue that stood out was that of inaccurate bus timings and long wait times being displayed at bus stops and on transport apps on Saturday, Apr 18, due to damaged fibre network cables that disrupted telco services. Acting Transport Minister Jeffrey Siow told parliament last month that financial penalties would be imposed on a third-party vendor over technical issues.
π Healthcare issues
Questions were filed on healthcare cost, care delivery and AI-enabled healthcare innovation issues. MPs raised concerns about rising healthcare costs and Integrated Shield Plan premiums, the adequacy of preventive health measures, access to mental health services and palliative care and AI-enabled drug developments.
[6/5/2026 10:01 am] REACH Singapore: π https://www.parliament.gov.sg/docs/default-source/order-paper/order-paper---6may2026.pdf
π https://www.straitstimes.com/singapore/politics/ntuc-calls-for-local-market-intelligence-to-better-guide-workers-through-ai-shift?ref=latest
π https://www.channelnewsasia.com/singapore/ai-job-disruption-workers-business-ng-chee-meng-ntuc-motion-parliament-6100911
π https://www.straitstimes.com/singapore/politics/chiefs-of-banks-met-with-mas-to-discuss-measures-against-ai-threats-following-mythos-limited-release
π https://www.channelnewsasia.com/singapore/lta-investigating-inaccurate-bus-arrival-timing-eta-system-april-technical-issues-6065421?cid=internal_sharetool_web_06052026_cna
----
[6/5/2026 10:06 am] Jun Ming: For transport can bus driver don't drive at tortoise speed. I know they have timing to meet but can the timing be more reasonable?
[6/5/2026 10:27 am] Profx: Cos they are already too early.
[6/5/2026 10:28 am] Profx: Due to light traffic than expected etc
[6/5/2026 10:28 am] Garion Chan: Many Singaporeans above the age of 40 have taken up SkillsFuture Career Transition Programmes (SCTP) to learn new skill sets, with the promise that these courses will help them re-enter the workforce. Yet, the reality is disappointing. Instead of meaningful job placements, learners are often asked to attend endless sharing sessions or networking events with potential employers, which rarely lead to actual opportunities.
Upskilling is meant to empower workers, but how many employers are truly engaging these mid-career individuals? Take cybersecurity as an example: despite the demand for talent, many employers prefer hiring younger candidates, overlooking experienced professionals who have invested time and effort to upgrade themselves.
If the government is serious about supporting workers aged 40 and above, it cannot rely solely on incentives — the “carrot.” It must also wield a “big stick” to ensure employers genuinely engage and hire these upgraders. Commercial schools alone cannot deliver outcomes if employers refuse to participate. Stronger policies and clearer accountability are needed to make sure that companies do not shut the door on capable, retrained workers.
And now AI.....,!?
[6/5/2026 10:29 am] Jun Ming: I understand but the planning and driver not to drive too fast or too slow when there's light traffic
[6/5/2026 11:00 am] REACH Singapore: [ Poll : 1) Which issue(s) are you most interested in for today's Parliament sitting? Share your reasons in the chat! (You may choose more than one option.) ]
- Motion on AI Transition With No Jobless Growth
- AI in Education
- AI Risks, Regulation & Cybersecurity
- Transport issues (EV charging, inaccurate bus timing, etc.)
- Healthcare issues (Managing healthcare costs, access to mental health services, etc.)
- Others (Please share your views in the chats below!
[6/5/2026 11:00 am] REACH Singapore: [ Poll : 2) I am confident that Singapore can achieve "no jobless growth" in the AI era while protecting the livelihoods of Singaporean workers. Share your views in the chat! ]
- Strongly Agree
- Agree
- Neutral
- Disagree
- Strongly Disagree
[6/5/2026 11:11 am] REACH Singapore: Dear Contributors,
Please take a moment to participate in our polls and share your opinion. The poll questions are pinned for easy reference and your vote is anonymous.
We look forward to hearing your thoughts on today’s topic!
π¬ What are your thoughts on the issues to be discussed in Parliament today and which issue interests you the most? What are your thoughts on the motion on AI transition with "no jobless growth"?
Thank you.
Megan
[6/5/2026 11:32 am] Hong Yen Lee: inaccurate bus timing: Even the bus with the shortest route in Singapore—just three stops excluding the interchange at both ends—can still go off schedule
[6/5/2026 11:39 am] 365: How "no jobless growth" will succeed depends on how much productivity loss the government is willing to accept during this growth period.
Some people may be able to work and learn at the same time, but many will need to take some time off to do actual learning. How well they are protected during this time will dictate how willing they are to take that time off to learn.
[6/5/2026 11:53 am] G: Where does Ng Chee Meng think NTUC be getting funding from?
"In his 33-minute speech, the labour chief called for more funding to scale up NTUC's company training committees, in which unionists work with company management to transform their businesses while uplifting workers."
https://www.channelnewsasia.com/singapore/ai-job-disruption-workers-business-ng-chee-meng-ntuc-motion-parliament-6100911
Funding better not come from taxpayers
[6/5/2026 2:02 pm] REACH Singapore: π’ Topic π’
[6/5/2026 2:16 pm] REACH Singapore: Dear contributors,
You may keep up to date with parliamentary proceedings through this live blog: https://www.straitstimes.com/live-singapore-parliament-may-2026
You may also choose to watch the parliament livestream here: https://www.youtube.com/watch?v=IkYNGnUkG18
Summary of key proceedings so far:
- AI use in Singapore schools kept age-appropriate, with focus on learning, not shortcuts
- Police working with Telegram to implement more anti-scam measures by 2026
- MOH’s ‘general practice’ is not to intervene in commercial decisions, including how insurers set premiums: Rahayu
- Singapore on track to achieve target of 60,000 EV charging points by 2030
[6/5/2026 3:27 pm] REACH Singapore: Dear Contributors,
We want to HEAR MORE from you on today’s topic!
We have had good feedback from this group, and we hope that we can keep the discussion robust and active!
π¬ What are your thoughts on the issues to be discussed in Parliament today and which issue interests you the most? What are your thoughts on the motion on AI transition with "no jobless growth"?
Do also share your opinion by participating in our polls! The poll questions are pinned for easy reference, and your vote is anonymous.
Thank you.
Megan π
[6/5/2026 3:28 pm] LCL (Danny εΏ):
1. 1st I wish to address the topic "AI transition with no jobless growth" - is it possible. I think this is hot button topic that bother many people as it directly impact their job. The question is, is it possible - as we see AI developing in alarming speed - and how AI disrupted mass number jobs in many Countries and workers are left to fend for themselves - developed Countries in particular AI superpowers like US, China.
2. Then we have to examine the characteristics of AI - taking reference to past job and business disruptors like the advent of mechanisation, automation, computing, Internet, web transaction and mobile computing.
But AI has another special ingredients apart from the above job and business disruptors - that is, AI can amalgamate, process, churn out many variations of design, solutions, options that surpass what human can offer in a short time.
And the more advanced AI models can now think on its own without the need to train on dataset (created by humans).
3. So is human workers and business facing enormous challenge and competition by AI for their jobs and business?
Is the future bleak for workers?
This has cause stress to workers, and putting challenges across to Government all over the World. To date, many Government are still probing, prodding the way forward to exploit AI for economy gain, not to be hurt by AI risk through governance and regulations and yet preparing workers and business to keep jobs, grow their income, grow their business - and not become a casaulties of the use of AI.
So far, there are no textbook ready model and answer - as Government all over the world are still doing trial and error, piloting or formulating the best response forward.
Unlike other tech disruptors, AI challenges are double fold with double speed - hence can see and feel the stress in the atmosphere everywhere - in Parliament, in job scene, in media all over the World.
4. The answer is yes and no, but not to the point of despair - because humans can elevate themselves and emerge stronger above the decibels cause by the challenges from AI.
[6/5/2026 3:43 pm] LCL (Danny εΏ):
1. All the past tech disruptors are merely tools, more effective and efficient tools - and humans are still in the driver seats - whereby human is the brain - to direct how the effective and efficient tools are used.
(That is, human is still the boss directing how the tech are used) - hence human is indispensable, boss and business still need humans to get the job, task and project done.
Hence, bosss still need to pay salary to humans - and humans get to keep their jobs.
2. Now, AI is a slightly different dimensions.
AI can be both an effective and efficient tools and at the same time, AI increasingly also perform the functions of a "brain" - crossing into the Human worker's domain of "brain functions.
Whereby :-
a. GAI (Generative AI) - tap on the vast information of a LLM (Large Language Model) created by all humans in the World - and provide the solutions.
b. AGI (Artificial General Intelligence) - not train on human created datasets - but able to "think" on its own like humans.
The 2 parameters ----- as efficient tools (that can surpass the speed, the volume of tasks and the processing abilities that human can handle) + performing as the ""brain" (the human monopoly in which human receive the reward as remuneration by the boss) - are effectively threatening the "rice bowl" of human workers
3. That is, this tech disruptor - AI - pose an unprecedented challenge to human workers.
[6/5/2026 3:44 pm] Jun Ming: Ai disrupt white collar jobs mainly
[6/5/2026 3:45 pm] LCL (Danny εΏ):
Don't worry.
Let me dissect further.
[6/5/2026 3:49 pm] Jun Ming: As what I have seen
1.) finance sector got the most impact by ai
2.) education student started using Ai and prof finalizing it
3.) lawyers and medical sector use ai as aid but still need people
4.) IT is reducing the dependancy on humans and use ai. Hence big coprate are doing recession.
This is what I observe. May not be true
[6/5/2026 3:51 pm] LCL (Danny εΏ):
1. But Humans and Human workers and business - have characteristics that AI (no matter how efficient) - does not possess. - and this are Humans ace cards.
[6/5/2026 3:52 pm] Jun Ming: What I observe things that is hard to take over by ai is
1.) cleaner
2.) construction worker
3.) engineering/ technicians. You still need people to tighten screws although process has been automated.
4.) drivers although driverless cars and bus on test it will still take years to implement.
[6/5/2026 3:55 pm] Jun Ming: They reduce the number of vacancies in these industry. If last time there's a need of 100 men maybe it would only need 10 men when ai is implemented.
[6/5/2026 3:56 pm] Jun Ming: Hence we do not need to bring in so many population in the future.
[6/5/2026 3:56 pm] Jun Ming: If not competition is too intense. And everyone lie flat
[6/5/2026 3:57 pm] LCL (Danny εΏ):
We can make our economy bigger - 10 times more if we know how.
[6/5/2026 4:00 pm] REACH Singapore: π’ Topic π’
[6/5/2026 4:05 pm] LCL (Danny εΏ):
1. But Humans and Human workers and business - have characteristics that AI (no matter how efficient) - does not possess. - and this are Humans ace cards.
2. Human possess 5 mental aggregates and dominate the emotion, mental domain - that make decision making in which AI (both GAI and AGI lacks - even though they have taken over some "brain functions" like amalgamating, process, create more solution options, designs - but decision making cannot be left to AI (whether GAI or AGI) - because they only possess 1 faculty :-
IQ without EQ - in which I care to add WQ (the amalgamation of IQ + EQ)
IQ - Intelligent Quotient
EQ - Emotional Quotient
WQ - Wisdom Quotient
AI through IQ without EQ - will provide a "cold solution" - without human touch, human compassion, human care, human relationship, human wisdom.
Human that possess the input of IQ from AI + Human's EQ = WQ (Wisdom Quotient) - will produce an output or product that is holistically wholesome - product + services that meet customer needs and human warm and consideration ---- that will go straight to the "Heart and Mind"" of the customers.
Hence the fusion of AI (IQ) + Human (EQ) - and the resultant WQ ----- will provide a productivity and customer satisfaction - into another Elevated level.
If Singapore succeeded to do so - by training Singapore workers to this level - our prosperity and Economic growth - will go up a few notches.
[6/5/2026 4:13 pm] LCL (Danny εΏ):
What are the Human's 5 mental aggregates?
1. 5 sense consciousness - sight, hear, taste, touch, smell
2. Feelings - positive, negative, neutral
3. Perception - how we perceived things.
4. Judgement - positive, negative, good, bad, neutral, satisfied, dissatisfied.
5. Mental Formation - how we consolidate all the 4 mental aggregates into something we want.
In the era of AI, if Singapore able to successfully elevate and exploit our 5 Mental Aggregates into our workers and boss ---- we can ensure that not only our workers' jobs are secured, income will rise, boss will pay more for our workers as business will grow exponentially --- as the amalgamation of AI into Human brain + Human EQ = WQ ---- will be unmatched ---- because AI is like giving 2 wings to a tiger - ε¦θζ·»ηΏΌ。
[6/5/2026 4:21 pm] LCL (Danny εΏ):
On the Economic front :-
1. When countries are not able to exploit and leverage on the above - to secure worker's jobs (whereby CEOs make the excuses to mass fire workers to be replaced by AI) --- then economic realities will hit when the inflection point is reached.
2. Assume AI in these countries replace 50% of the workforce and population, their domestic market are reduced by 50% of paying consumers.
3. So if AI is so productive to produce so many products, if 50% of the workforce and population are jobless without income, CEOs where to find consumers to buy their products?
4. So deflation will sets in, CEOs got to sell their products at a low price and even make loss to keep their production and business afloat.
Sorry to quote this - I thought we just see this phenomenon surface in a global manufacturing shop that uses pervasive AI, automation and employ little human workers - China - whereby many manufacturing business compete to lower their prices - up to the point of deflation - and become "miseries thy everyone" - and many business are actually making loss.
[6/5/2026 4:32 pm] LCL (Danny εΏ):
On the Social front :-
1. As many workers lose jobs, or entry workers are not able to secure jobs due to AI - lie flat θΊΊεΉ³, poverty and even social unrest will sets in.
2. Then in social front, Government will come under stress.
3. Any Government in the World will not let this happen - and policies, regulations, working with business that exploit AI will come in - to ensure there must be "AI transition with no jobless growth".
4. This is what Singapore government is doing right now in our Parliament.
5. I am surprised that only Singapore Government is doing this.
6. Scouring the world mainstream media, I didn't come across any Government in the World doing this - and I feel surprise, and abit worried because if the rest of the World is not doing this, will our World consumer markets shrink - as more world workers lose their jobs.
7. On the hindsight, I think our Government is on the right path.
The trajectory of AI transition seems to be on the right track as we navigate the unchartered path.
8. Because we are in the midst of AI transition, it still a bit fuzzy - and will take sometimes to settle down and see the outcomes.
9. At the background, I think our job markets are still stable and good. Our business are still cruising, still producing jobs - unlike many Superpowers job market - whereby mass job disruptions are surfacing - and workers receive no help in finding jobs for them.
10. If Singapore successfully transit from the AI disruption - we could be the role model for other Countries to adopt - and we will be bless by sitting right at the top of AI-enabled Economy.
[6/5/2026 4:47 pm] LCL (Danny εΏ):
Eg. What does it means by the human EQ and WQ dimension - as opposed to AI decision making?
To make it less abstract so that people can understand.
1. AI created design produced by 2 groups of SUTD undergraduates push to the programme host, the host say this AI design don't meet my like.
I want this, this, this.
The human graduates then fine tune the design and the host say, yes this is what I want.
Imagine if AI make the final decision and produce alot, push out to the market, not many customers buy - CEOs make big loss.
[6/5/2026 4:51 pm] LCL (Danny εΏ):
1. AI created very hip music and lyrics - but I as singer don't like to sing the AI compose songs because it is too finely stitched in terms of tune, melody, vocal, chorus, pitch, tempo - that make singer very difficult to grasp the combination make possible by AI.
2. If the singer sing on the stage, it cannot impress the audience as it cannot invoke the rapport of the heart and mind of the audience.
3. Then instead of that song, a singer will make a decision to go for a less demanding song that can achieve the rapport with the audience.
[6/5/2026 4:54 pm] LCL (Danny εΏ):
So human workers can still emerge victory in jobs even in the era of AI - as long as humans play on our ACE cards - our 5 mental aggregates together with the Economic + Social reality.
The need to preserve consumer spendings + social peace and prosperity.
Human jobs can win !!!
[6/5/2026 4:57 pm] LCL (Danny εΏ):
1. Also when we walk into a bank, as customers, do we talk to human bankers or we talk to a robot?
2. I have seen many customers rarely go talk to robot or the video dispensing unit - unless directed by the human bank staff.
[6/5/2026 5:01 pm] LCL (Danny εΏ):
1. Do people pay money to a concert to hear AI robot sing and dance?
2. Or people rather pay money to see and hear Taylor Swift, Blackpink or εεΎ·ε sing and dance?
[6/5/2026 5:02 pm] LCL (Danny εΏ):
1. Do people buy and pay a product if an AI robot push a product to you - buy lah, buy lah - very good, I robot say one.
2. Or people buy from a human staff - with warm smile and conscientious service?
[6/5/2026 5:03 pm] LCL (Danny εΏ):
Hence δΊθ΄ 5 mental aggregates of a human staff can beat AI.
Human can keep their jobs provided we can exploit AI to our advantage, not fearful of them.
And CEOs don't fire workers in the name of AI disruptors.
[6/5/2026 5:13 pm] LCL (Danny εΏ):
Also notice the trend in China, as production plants use so many AI and robots for production while not employing workers and hence the whole country are left with little jobs, population no income cannot buy goods, deflation sets in as CEOs got to sell their goods at low price and below cost.
So these what bright CEOs try to do - sell it to world market and flood their goods to world market as their domestic population got not enough income - no jobs.
This trigger a backlash by the world market to protect their domestic production, economy and jobs - by levying tariffs and even trade barriers.
These bright CEOs now hit a brick wall - they can't export their products, no world customers buying their products and left with so many stocks.
Hence AI transition without jobs kill the domestic economy and the world economy.
CEOs got backfire.
[6/5/2026 5:16 pm] REACH Singapore: Dear Contributors,
Here are more articles which summarise today's parliamentary proceedings:
π [NEW] Singapore’s approach to social media safeguards for children ‘more demanding, more rigorous’ than blanket ban: Rahayu Mahzam (https://www.channelnewsasia.com/singapore/social-media-safeguards-children-ban-rahayu-mddi-6103461)
π P4 pupils have ‘executive functioning skills’ to start using AI under supervision: Desmond Lee (https://www.straitstimes.com/singapore/politics/p4-students-have-executive-functioning-skills-to-start-using-ai-under-supervision-desmond-lee?ref=latest)
π Singapore passes halfway mark towards 60,000 EV charging points by 2030 (https://www.channelnewsasia.com/singapore/ev-charging-points-halfway-60000-target-2030-6103216)
You may keep up to date with parliamentary proceedings through this live blog: https://www.straitstimes.com/live-singapore-parliament-may-2026
You may also choose to watch the parliament livestream here: https://www.youtube.com/watch?v=IkYNGnUkG18
[6/5/2026 5:19 pm] G: Personal email addresses leaked by govt
https://www.businesstimes.com.sg/singapore/lta-apologises-e-mail-gaffe-circular-sent-potential-ev-charger-owners
[6/5/2026 5:29 pm] Jun Ming: 1.)People do buy in to songs make by ai
2.) companies pushing you to ai chatbot first rather than straight contact to human agent. Often I need to go through the procedure to request human assistant and take time to do so. Very frustrating.
3.) based on your logic only sales will not been taken over. But backend process the men power needed is a lot lesser
[6/5/2026 5:30 pm] Jun Ming: And not everyone is good I'm being sales man
[6/5/2026 5:31 pm] 365: Even long before this generative AI hype, there's already songs produced and sang by the system instead of a real person, in the form of vocaloids.
[6/5/2026 5:31 pm] 365: Thought the process is different, but the outcome will be similar soon.
[6/5/2026 5:32 pm] LCL (Danny εΏ):
I listen to AI songs and try to sing them.
But I doubt anyone will buy tickets to see AI sing.
[6/5/2026 5:33 pm] 365: Vocaloids concert still sells, and soon it will be much easier to produce something similar with AI. Just need a consistent persona and voice.
[6/5/2026 5:33 pm] Daniel: I have one comment on something raised in Parliament today. I find it really disappointing that there is still no action taken on second hand smoke in HDB flats. I had a downstairs neighbour smoking at odd hours and without warning at my old place and it really affected us. We had to move our newborn baby to his own room because of smoke seeping in to the master bedroom at night. This is a real issue and not much we can do as individuals against it.
I feel if it's possible to have high resolution cameras pointed at windows for high rise littering, it shouldn't be an issue to do the same for smoking at the window and asking smokers to close their windows when smoking.
[6/5/2026 5:33 pm] LCL (Danny εΏ):
Backend process requires alot of integration.
Without human, AI very difficult to do integration.
Also human communication and coordination are needed.
[6/5/2026 5:34 pm] Jun Ming: For example balance sheet instead of 5 people I can reduce to 1 men to look into ai.
[6/5/2026 5:34 pm] Jun Ming: So men power reduce the other 4 jobless
[6/5/2026 5:34 pm] Jun Ming: This is what they meant jobless growth
[6/5/2026 5:35 pm] LCL (Danny εΏ):
Hmm...
Yes this will be the outcome.
Productivity increases by leap and bounds.
Then business and economy can expand 5 times.
[6/5/2026 5:35 pm] LCL (Danny εΏ):
Not jobless growth.
[6/5/2026 5:35 pm] Jun Ming: Then the other 4 deploy to where base on bank scenario?
[6/5/2026 5:36 pm] Jun Ming: Customer base is only this much. Everyone pocket money is also limited
[6/5/2026 5:36 pm] LCL (Danny εΏ):
If business grow, department can expand.
[6/5/2026 5:36 pm] 365: The scale cannot be quantity only. This would require a population growth similar to the productivity gain. You get 5x more customers, those customers are taken away from other companies, also resulting on 5 job loss on the macro scale.
[6/5/2026 5:37 pm] 365: Unless your population has grown to accommodate that.
[6/5/2026 5:37 pm] LCL (Danny εΏ):
If rely on small domestic market yes.
But if suck in world market that bank with us, we expand 5 times.
This is what's happening now.
Our bank use to manage $1 trillion.
Now $5 trillion.
[6/5/2026 5:38 pm] 365: This assumes we will be the one to clinch every new deal. It's a very idealistic and non grounded belief.
[6/5/2026 5:39 pm] LCL (Danny εΏ):
Our ports and airports and refineries also expanded exponentially currently.
[6/5/2026 5:40 pm] LCL (Danny εΏ):
Our tourists also attracted many more Chinese tourists recently.
[6/5/2026 5:40 pm] Jun Ming: But imagine every sector reduce men power you cannot rely on a few sector to absorb everybody
[6/5/2026 5:41 pm] Jun Ming: Surely there's a group of people will left jobless with every means
[6/5/2026 5:41 pm] 365: And yet our land space is still limited. We are increasing population to meet the output supply, not increasing output to meet population demand.
This is sacrificing our population density and pushing it to its extreme. What I forsee is a continued drop in TFR for this case. Then it'll beget more population import while chasing that growth, and begets even more drop on TFR after.
[6/5/2026 5:41 pm] LCL (Danny εΏ):
That's why every sectors got to leverage on AI to grow.
[6/5/2026 5:41 pm] LCL (Danny εΏ):
Not only domestic market but also overseas market - exploit AI to go big.
[6/5/2026 5:42 pm] Jun Ming: And less vacancy and more people jobless
[6/5/2026 5:42 pm] Jun Ming: Overseas people are also using ai they also reduce needs in men power
[6/5/2026 5:43 pm] LCL (Danny εΏ):
My ethos is never shrink my staff but grow my business.
So far, it never fails me - irregardless of what tech disruptors ahead.
[6/5/2026 5:43 pm] Jun Ming: Unless you going to leverage on developing countries
[6/5/2026 5:43 pm] LCL (Danny εΏ):
Opportunities abound, it is how you exploit it.
[6/5/2026 5:43 pm] 365: It's more than likely that the market split will not change much. We may be able to snatch it from some countries lagging behind, but we are not the only ones using AI. The increase in output, assuming no job loss, will be in over supply against the demand.
[6/5/2026 5:45 pm] LCL (Danny εΏ):
I think many of our local successful business are doing very well and their business expanded many fold.
[6/5/2026 5:45 pm] Jun Ming: Unless ai can create more jobs than it taking over if not someone will lose out
[6/5/2026 5:45 pm] Jun Ming: You only see in successful business. How about those have failed
[6/5/2026 5:46 pm] 365: I don't disagree against using AI, but the total productivity should be kept in check. This means less working population increase in the time being.
An over supply of productivity will inevitably lead to job losses when demand does not increase. And artificially increasing demand using the same population import will be kicking the stone down to the TFR issue again.
[6/5/2026 5:46 pm] LCL (Danny εΏ):
That's those who can exploit AI.
Of course those who can't catch up will be struggling.
[6/5/2026 5:47 pm] 365: It is very counter intuitive, because the whole narrative we have been given is gdp growth at all cost, when sometimes we need to look back and press on the brakes.
[6/5/2026 5:48 pm] 365: Increase productivity using AI, means every foreign worker import, especially for non laborious jobs, should be able to account for multiple foreign worker headcount.
In this case, we can reduce the company's allowable foreigners to locals ratio as well.
[6/5/2026 5:48 pm] Jun Ming: During industrial revolution, more jobs is created, although there's disruption, everyone is happy. More people earn money
[6/5/2026 5:50 pm] Jun Ming: But ai everyone is scared is because it reduce work vacancy largely.
[6/5/2026 5:50 pm] Jun Ming: Unless we transform into communist society where human don't need to work and ai serve human
[6/5/2026 5:51 pm] LCL (Danny εΏ):
Cannot lah.
[6/5/2026 5:51 pm] Jun Ming: I think that's is jack ma vision
[6/5/2026 5:52 pm] Jun Ming: 1st we need to reduce population, which is justify by low tfr. As new ways of work do not require a lot of men power.
[6/5/2026 5:53 pm] Jun Ming: Maybe economic rules will change when ai advance
[6/5/2026 5:55 pm] Jun Ming: Entry lvl job is shrinking due to ai
[6/5/2026 5:56 pm] Jun Ming: Slowly you will see the reduction in admin roles
[6/5/2026 6:00 pm] 365: I believe that we have been long overdue for a population control. Infinite growth is unjustifiable as we have limited resources, especially land.
The AI growth is actually the best chance to implement this, as it gives us the opportunity to control population while maintaining the same level of total productivity output.
If we increase the output too much through a combination of increasing population and productivity gain per individual using AI, then it will be a disaster if we try to reduce population after when we realize it's getting out of hand.
The economy responds more kindly to maintaining status quo rather than crashing.
[6/5/2026 6:01 pm] REACH Singapore: π’ Topic π’
[6/5/2026 6:04 pm] Jun Ming: I heard in Japan men stop marrying woman because woman standard is too high, people stop giving birth because work and life is too stressful
[6/5/2026 6:05 pm] Jun Ming: I feel like we are moving in the direction of japan
[6/5/2026 6:06 pm] Jun Ming: Just that we are using quick fix to import people
[6/5/2026 6:07 pm] Jun Ming: With ai if the competition is too high we might have lower tfr. Maybe 0.5?
[6/5/2026 6:10 pm] LCL (Danny εΏ):
Source :- Google AI
Singapore's financial sector has exceeded S$6 trillion in total Assets Under Management (AUM) as of 2024, experiencing 12.2% year-on-year growth and reinforcing its position as a premier global wealth hub. The sector grew 6.8% in 2024, driven by wealth management, private equity, venture capital, and over S$1.5 trillion in daily FX volume. [1 (https://www.svca.org.sg/news/singapore-financial-sector-growth-doubles-2024-assets-managed-cross-6-trillion-first-mas), 2 (https://www.straitstimes.com/business/singapore-financial-sector-growth-doubles-in-2024-assets-managed-cross-6-trillion-in-a-first-mas), 3 (https://business.smu.edu.sg/sites/business.smu.edu.sg/files/business/Finance/Singapore%20financial%20sector%20growth%20doubles%20in%202024%3B%20assets%20managed%20cross%20%246%20trillion%20in%20a%20first_%20MAS%20_%20The%20Straits%20Times.pdf)]
[6/5/2026 6:10 pm] LCL (Danny εΏ):
Sorry increase 6 times - $6 trillion now.
[6/5/2026 6:11 pm] 365: If the current mindset continues, I think it's just a matter of time before we reach that eventuality.
We have a different set of issues, which is the social fabric has been stretched tight and everyone is on edge as density keeps increasing.
[6/5/2026 6:12 pm] Jun Ming: We human are pretty much an animal. If the environment is not suitable to mate to reproduce we will STOP
[6/5/2026 6:12 pm] 365: Lifestyle preferences have also largely changed, even those financially capable ones much rather enjoy themselves than to be burdened with a child.
[6/5/2026 6:14 pm] 365: This is the result of growth at all cost. The narrative is being pushed consistently, more growth = more money = better life. To reach that better life, people are willing to drop reproduction also, chase that better life at all cost.
[6/5/2026 6:18 pm] 365: Once this mentality has set in, it's very difficult to change back.
You initially only have people who are financially incapable of having more children or any at all.
Now you also have the challenge of those who outright refuse to due to lifestyle changes.
[6/5/2026 6:46 pm] REACH Singapore: Dear Contributors,
⏰ We will be closing the chat in 15 minutes ⏰
Thank you very much for being part of our Telegram chat and participating actively.
Goodnight!
Megan π
[6/5/2026 7:01 pm] REACH Singapore: Dear Contributors
We will be closing the chat for today.
Thank you very much for being part of our Telegram chat and participating actively.
Goodnight!
Megan π
====
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