The rise of powerful AI will be either the best, or the worst thing, ever to happen to humanity. We do not yet know which."
—Stephen Hawking
Analysis of AI’s economic and employment impact across industries, job displacement metrics, and new role creation.
Randstad’s report found that 86% of business leaders plan to expand their technology workforce as AI adoption accelerates. Entry-level tech job postings requiring AI skills have increased more than fivefold since early 2025, while demand for AI agent skills has surged by over 1,300%.
Singapore employers are increasingly seeking AI capabilities across tech roles, with demand rising across both Information & Communications (I&C) and non-I&C sectors, particularly in Finance & Insurance, Professional Services and Manufacturing.
Andrew stressed that the aim is to help developers prioritise the skills they need to learn and help employers identify skilled developers.
India is less exposed to AI-driven job risks than many other countries because a large share of its workforce is engaged in physical or mechanical tasks, according to Goldman Sachs Chief India Economist Santanu Sengupta. Construction and retail trade together account for about 40% of the workforce.
The report highlights how AI-driven automation is putting entry-level jobs under growing pressure, raising concerns about opportunities for young and early-career workers amid weak economic growth and diminished job creation.
Sixteen Nobel laureates, including Daron Acemoglu, Joseph Stiglitz and Paul Krugman, have joined over 200 economists and AI researchers in signing “We Must Act Now,” a Stanford-led statement warning that AI could reshape the global economy on a scale greater than the Industrial Revolution, but in a fraction of the time.
