Singapore seeks to groom AI talent for banks amid shortage

[SBFNews]

Singapore seeks to groom AI talent for banks amid shortage
sg.news.yahoo.com

By Chanyaporn Chanjaroen
(Bloomberg) — Singapore is seeking to expand the talent pool for artificial intelligence and data analytics in the finance sector.
The city-state’s banks and schools will work with the financial regulator on training programs that incorporate the latest AI developments and trends, the Monetary Authority of Singapore said in a statement on Monday.
“If you look at all the trends, almost every function of the finance sector requires AI,” Sopnendu Mohanty, the MAS’ chief fintech officer, said at a briefing. There is a “serious challenge” in terms of AI resources around the world, he added.
Singapore will focus on responsible AI — areas that are ethical, fair and transparent — in the finance sector, Mohanty said. Given resource constraints, the MAS will target key areas such as experimentation as well as financing investments and ideas that are commercially scalable.
The world’s rising demand for AI has spurred investments in the area, with nations seeking to build up a pipeline of talent. Singapore targets to be a leader in developing and deploying AI solutions in key sectors from health care to finance and education by 2030.
© 2023 Bloomberg L.P.

 

[tanwahtiu]

Data Science program is not difficult to learn but problems solving is tough...

 

[eatshitndie]

pretext to import more ceca cockroaches.

 

[LaoHongBiscuit]

pretext to import more ceca cockroaches.

i also say. pap always like to trick and cheat us

 

[Willamshakespear]

Actually, with AI, there may no longer need of Indian or any World's IT talent. AI takes over the role of Human IT talents.


AI is GENERATIVE intelligence. What just one AI developes, info is immediately shared at light speed among thousands in the neural network, to self correct, to build upon further, with no ethical constraints as AI does not feel, or any need for peer review as each's role is defined & of one singular mind. No need to conduct seminars, no need upgrading courses, etc for Human IT professionals.


What is needed are only a few hardware engineers & tech specs to maintain the neural network & huge Blockchain-like data storage banks, the huge power necessary & a dedicated officer to analyse & execute operations base upon the best options available by AI.

 

[Pinkieslut]

Just hire CECA talents already trained by their bestest schools! Sinkies are useless people only good for washing test tubes and food delivery.

 

[laksaboy]

Trust me, this Leegime will bet on the wrong horse again.

 

[ftan42]

what never foresee AI and raise it 10 years?

 

[tanwahtiu]

Singapore seeks to groom AI talent for banks amid shortage
sg.news.yahoo.com

By Chanyaporn Chanjaroen
(Bloomberg) — Singapore is seeking to expand the talent pool for artificial intelligence and data analytics in the finance sector.
The city-state’s banks and schools will work with the financial regulator on training programs that incorporate the latest AI developments and trends, the Monetary Authority of Singapore said in a statement on Monday.
“If you look at all the trends, almost every function of the finance sector requires AI,” Sopnendu Mohanty, the MAS’ chief fintech officer, said at a briefing. There is a “serious challenge” in terms of AI resources around the world, he added.
Singapore will focus on responsible AI — areas that are ethical, fair and transparent — in the finance sector, Mohanty said. Given resource constraints, the MAS will target key areas such as experimentation as well as financing investments and ideas that are commercially scalable.
The world’s rising demand for AI has spurred investments in the area, with nations seeking to build up a pipeline of talent. Singapore targets to be a leader in developing and deploying AI solutions in key sectors from health care to finance and education by 2030.
© 2023 Bloomberg L.P.

Yeah... scikit learn is AI for prediction...

 

[tanwahtiu]

Trust me, this Leegime will bet on the wrong horse again.

Gaslighter mai gong lanjiao wei...

 

[tanwahtiu]

Just hire CECA talents already trained by their bestest schools! Sinkies are useless people only good for washing test tubes and food delivery.

Indian ahneh is out and will not do well in data analysis... it is a tough job and need real talent with no fake degree....

 

[Willamshakespear]

Most Singaporeans will qualify as programing is taught at very young age here, although in this era of AI, they may have to switch to other courses for better career prospects.

The Neural network already exists - media, social media & trusted paid subscriptions sites of accademia & tech sites.

The program needed is just a search engine type to TRAWL thru those sites based upon keywords & then to compose such info into readable format based upon algorithms Such programs already exist & are open source.

However, pics & animation AI are of a different programming skill. They are for image manipulation & best avoided until sensible regulations are in place as it conflits with virtues of the professional world based upon trust.

 

[k1976]

Singapore seeks to groom AI talent for banks amid shortage
sg.news.yahoo.com

By Chanyaporn Chanjaroen
(Bloomberg) — Singapore is seeking to expand the talent pool for artificial intelligence and data analytics in the finance sector.
The city-state’s banks and schools will work with the financial regulator on training programs that incorporate the latest AI developments and trends, the Monetary Authority of Singapore said in a statement on Monday.
“If you look at all the trends, almost every function of the finance sector requires AI,” Sopnendu Mohanty, the MAS’ chief fintech officer, said at a briefing. There is a “serious challenge” in terms of AI resources around the world, he added.
Singapore will focus on responsible AI — areas that are ethical, fair and transparent — in the finance sector, Mohanty said. Given resource constraints, the MAS will target key areas such as experimentation as well as financing investments and ideas that are commercially scalable.
The world’s rising demand for AI has spurred investments in the area, with nations seeking to build up a pipeline of talent. Singapore targets to be a leader in developing and deploying AI solutions in key sectors from health care to finance and education by 2030.
© 2023 Bloomberg L.P.

There are pentiful of talent in Chennai Business Park and Afica Zaka Zulu Universities

 

[duluxe]

AI prediction is bullshit.

 

[ftan42]

saw it in shipping and semi-con not surprised to see another ai chase

 

[k1976]

AI prediction is bullshit.

Not bull shit lah... Many programmers just write their code based on their own assumption, w/o the subject expertise and deep thoughts in real life event correlation... They are also in for FAST money before hype die down

 

[winnipegjets]

pretext to import more ceca cockroaches.

Only India has just-in-time 'talents'. Whatever skills in demand, there will be lots of Ah Nehs that have them. The world needs Ah Nehs.

 

[searcher1]

We all know who will get the jobs, not local for sure.
To fight back this trend, all Landlord must increase the accommodation rate by another 300%
Remember, they took your job, you need to bite off the lion share of their salary too

 

[eatshitndie]

Only India has just-in-time 'talents'. Whatever skills in demand, there will be lots of Ah Nehs that have them. The world needs Ah Nehs.

dynamic virtual real-time production of degrees and talents as an on-demand service. a 21st century breakthru’ in technology and human services. even advanced aliens are amazed and amused.

 

[mahjongking]

We all know who will get the jobs, not local for sure.
To fight back this trend, all Landlord must increase the accommodation rate by another 300%
Remember, they took your job, you need to bite off the lion share of their salary too

landlords must unite to fight back for sinkees, same condo, if local rent charge 3k....ceca rent charge 6k