55bmw BPO firms urge gov’t to fund AI upskilling programs
Updated:2024-12-29 02:49 Views:170
The Philippines largest organization of information technology and business process management (IT-BPM) firms on Friday called on the government to prioritize funding for upskilling programs focused on artificial intelligence as part of a broader measure to help future proof the workforce of the $38-billion sector.
In a statement, The IT & Business Process Association of the Philippines (IBPAP) recommended “proactive efforts” to prepare the country’s workforce for the transformative opportunities and challenges presented by AI.
jungle spins Article continues after this advertisement“AI is not a distant challenge; it is a present reality reshaping industries and economies globally,” said IBPAP president and chief executive officer Jack Madrid.
FEATURED STORIES BUSINESS Philippines posts one of highest economic growth in Asia in 2024 BUSINESS DILG closes 4 trust fund accounts after being flagged by COA BUSINESS Skyway 3 opens new exit ramp on Quezon Ave extension“The IT-BPM sector has shown that early adoption of AI can create opportunities. However, we must not stop there. The Philippines must act decisively to prepare the broader workforce, leveraging our leadership in IT-BPM as a blueprint for other industries,” Madrid added.
READ: IMF sees 36% of PH jobs eased or displaced by AI
Article continues after this advertisementAside from upskilling programs, the business group must also prioritize action for the integration of digital and AI-related skills into the national education curriculum.
Article continues after this advertisementThe group noted that there are some developments already on this front, citing recent partnerships with the Department of Education and the Technical Education and Skills Development Authority that have strengthened the foundation for scalable, competency-based training initiatives in critical fields.
Article continues after this advertisement“To complement these efforts, IBPAP has rolled out the Philippine Skills Framework for Contact Center and Business Process Management, which aims to upskill one million workers by 2028,” the IBPAP said.
Further, it said it is also helping achieve the goal to upskill the sector by equipping industry leaders with tools to adopt AI responsibly and implement ethical workforce transition strategies.
Article continues after this advertisementEarlier in October, the IBPAP said a poll of its members revealed that 67 percent are already actively implementing AI technology in their operations, highlighting the need for new policies to ensure the readiness of the sector to respond to issues that may arise from its use.
The contribution of the local IT-BPM sector to the country’s economy is projected to increase to eight percent by 2028 from seven percent in 2022 under ideal conditions.
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This contribution to the economy is equivalent to $59 billion in annual revenues from the local IT-BPM sector, based on estimates by the industry group.
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