INVESTING IN PEOPLE Mr Wong also acknowledged concerns raised by various Members of Parliament (MPs) on the anxieties that workers and fresh graduates are feeling amid the AI revolution. “These concerns are real and we must and we will take them seriously,” he said. Historically, every major technological wave has displaced some jobs but also created new ones, he noted. In Singapore’s experience, AI can augment jobs and help workers achieve more, even as it automates certain tasks.  Mr Wong added that Singapore’s labour market remains resilient for now. The proportion of permanent employees has risen to a record high of nearly 91 per cent, with gains across most sectors.  Vacancies continue to outnumber job seekers, and over 40 per cent of openings are entry-level professionals, managers, executives and technicians (PMETs) roles. So far, the evidence does not point to widespread displacement, said the prime minister. However, with emerging pressures, it is important to prepare for the future, he added. “We cannot rely only on today’s data, we must prepare for tomorrow,” he said. “And …