The Malaysian Commercial Banks Association says this is a necessary direction if banks wish to remain relevant.
He says half of the companies expect automation to lead to some reduction in their full-time workforce by 2022.
A new study expects robots to take over some 20 million manufacturing jobs worldwide by 2030, extending a trend of worsening social inequality while boosting overall economic output.
The China Association for Promoting Democracy says AI will cause a “significant drop” in the demand for low-skilled workers and challenges employees in many sectors.
Its secretary-general J Solomon says the government must carefully study the plan to automate the manufacturing and agricultural sectors as the social costs are high.
The government plans to enhance automation and regulate stringently the number of foreign workers while also amending the Employment Act 1955.
BoE Governor Mark Carney said last month that one in 10 British jobs was at risk over the long term from automation, including artificial intelligence and robotics.
Vietnam's Prime Minister Nguyen Xuan Phuc told the forum technology could spell doom for the Asian factory model of growth that has driven his country in recent years.
Council will advise the government on how to deal with the threat of automation facing American workers.
The 14-seater Apolong, about one-third of the size of a normal bus, has no steering wheel, driver's seat, accelerator or brake.
The former PM says PH plans to improve the management and efficiency of industries to increase productivity.
It says the government is to blame for the influx of foreign workers which has resulted in low wages.
Second Finance Minister Johari Abdul Ghani says SMEs must be able to absorb the minimum wage, otherwise they will shut down.
It will reduce reliance on foreign labour, says Nur Jazlan.
The study sounded the alarm for the potential misuse of AI by rogue states, criminals and lone-wolf attackers.
It can lead to increased opportunities and also value-added roles for workers, says consultant.
Local factories are turning to automation following increased government pressure to take better care of foreign workers, but some firms are moving out.