ARTIFICIAL INTELLIGENCE (AI) is here and is already transforming how businesses in the country operate. Across industries like manufacturing, finance, marketingARTIFICIAL INTELLIGENCE (AI) is here and is already transforming how businesses in the country operate. Across industries like manufacturing, finance, marketing

Preparing Philippine business and workers for the age of AI

By Ferdinand A. Ferrer

ARTIFICIAL INTELLIGENCE (AI) is here and is already transforming how businesses in the country operate. Across industries like manufacturing, finance, marketing, and education, AI is enhancing efficiency, guiding smarter decisions, and unlocking insights from data like never before.

What we are seeing today is not a minor technology upgrade. The rapid spread of AI, and the productivity gains that come with it, is forcing both business and government to rethink how they manage operations, deliver services, and make decisions.

This was very clear in a recent discussion between the Philippine Chamber of Commerce and Industry (PCCI) and Artificial Intelligence for Public Health (AI4PH), a network of AI policy experts and industry leaders. The focus was not on whether AI will affect the Philippine economy, but on how it can be used to strengthen our competitiveness while making sure Filipino workers remain globally relevant.

One thing stood out: AI is no longer confined to manufacturing or back-office automation; it is now driving innovation across the entire economy — from customer service and creative industries to education, and research and development. Companies are using AI because it gives them deeper, faster, and more useful data, which leads to better decisions and better results.

Used well, AI allows people to do more, do it better, and do it more efficiently. But this transition will not manage itself. If AI is to lift the economy (rather than widen inequality), investment in people must be seriously pursued, similar to investment in technology. Filipino workers need more than just basic digital skills — they need to know how to work alongside AI tools to improve productivity, quality, and competitiveness.

This is where government, schools, and the private sector must work together. Government could consider recognizing and encouraging AI-related work as an apprentice-able occupation under the Enterprise-Based Education and Training (EBET) framework. This would allow companies to train young Filipinos in real workplace settings, at lower cost, while building the talent pipeline the industry badly needs.

Society’s mindset must also go beyond skills. If we envision our country to be more than just a user of AI, we need to compete in the infrastructure that makes AI possible — data centers, cloud services, and advanced computing. Without these, Filipinos will always be dependent on technology built elsewhere.

As PCCI continues to engage government on AI policy, our position is straightforward: AI should be a tool for growth, not fear. With smart regulation, serious investment in skills, and the right business environment, AI can help Philippine companies become more productive, more competitive, and better prepared for a rapidly changing global economy.

Ferdinand A. Ferrer is the newly elected president of the Philippine Chamber of Commerce and Industry (PCCI). He is the chairman and CEO of the EMS Group, which is engaged in electronics assembly, engineering services, contract manufacturing, and skills development with four locations in the Philippines and presence in five countries. He is a graduate from De La Salle University, Philippines, with a Bachelor of Science in Marketing Management.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Over $145M Evaporates In Brutal Long Squeeze

Over $145M Evaporates In Brutal Long Squeeze

The post Over $145M Evaporates In Brutal Long Squeeze appeared on BitcoinEthereumNews.com. Crypto Futures Liquidations: Over $145M Evaporates In Brutal Long Squeeze
Share
BitcoinEthereumNews2026/01/16 11:35
Non-Opioid Painkillers Have Struggled–Cannabis Drugs Might Be The Solution

Non-Opioid Painkillers Have Struggled–Cannabis Drugs Might Be The Solution

The post Non-Opioid Painkillers Have Struggled–Cannabis Drugs Might Be The Solution appeared on BitcoinEthereumNews.com. In this week’s edition of InnovationRx, we look at possible pain treatments from cannabis, risks of new vaccine restrictions, virtual clinical trials at the Mayo Clinic, GSK’s $30 billion U.S. manufacturing commitment, and more. To get it in your inbox, subscribe here. Despite their addictive nature, opioids continue to be a major treatment for pain due to a lack of effective alternatives. In an effort to boost new drugs, the FDA released new guidelines for non-opioid painkillers last week. But making these drugs hasn’t been easy. Vertex Pharmaceuticals received FDA approval for its non-opioid Journavx in January, then abandoned a next generation drug after a failed clinical trial earlier this summer. Acadia similarly abandoned a promising candidate after a failed trial in 2022. One possible basis for non-opioids might be cannabis. Earlier this year, researchers at Washington University at St. Louis and Stanford published a study showing that a cannabis-derived compound successfully eased pain in mice with minimal side effects. Munich-based pharmaceutical company Vertanical is perhaps the furthest along in this quest. It is developing a cannabinoid-based extract to treat chronic pain it hopes will soon become an approved medicine, first in the European Union and eventually in the United States. The drug, currently called Ver-01, packs enough low levels of cannabinoids (including THC) to relieve pain, but not so much that patients get high. Founder Clemens Fischer, a 50-year-old medical doctor and serial pharmaceutical and supplement entrepreneur, hopes it will become the first cannabis-based painkiller prescribed by physicians and covered by insurance. Fischer founded Vertanical, with his business partner Madlena Hohlefelder, in 2017, and has invested more than $250 million of his own money in it. With a cannabis cultivation site and drug manufacturing plant in Denmark, Vertanical has successfully passed phase III clinical trials in Germany and expects…
Share
BitcoinEthereumNews2025/09/18 05:26
Edges higher ahead of BoC-Fed policy outcome

Edges higher ahead of BoC-Fed policy outcome

The post Edges higher ahead of BoC-Fed policy outcome appeared on BitcoinEthereumNews.com. USD/CAD gains marginally to near 1.3760 ahead of monetary policy announcements by the Fed and the BoC. Both the Fed and the BoC are expected to lower interest rates. USD/CAD forms a Head and Shoulder chart pattern. The USD/CAD pair ticks up to near 1.3760 during the late European session on Wednesday. The Loonie pair gains marginally ahead of monetary policy outcomes by the Bank of Canada (BoC) and the Federal Reserve (Fed) during New York trading hours. Both the BoC and the Fed are expected to cut interest rates amid mounting labor market conditions in their respective economies. Inflationary pressures in the Canadian economy have cooled down, emerging as another reason behind the BoC’s dovish expectations. However, the Fed is expected to start the monetary-easing campaign despite the United States (US) inflation remaining higher. Investors will closely monitor press conferences from both Fed Chair Jerome Powell and BoC Governor Tiff Macklem to get cues about whether there will be more interest rate cuts in the remainder of the year. According to analysts from Barclays, the Fed’s latest median projections for interest rates are likely to call for three interest rate cuts by 2025. Ahead of the Fed’s monetary policy, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, holds onto Tuesday’s losses near 96.60. USD/CAD forms a Head and Shoulder chart pattern, which indicates a bearish reversal. The neckline of the above-mentioned chart pattern is plotted near 1.3715. The near-term trend of the pair remains bearish as it stays below the 20-day Exponential Moving Average (EMA), which trades around 1.3800. The 14-day Relative Strength Index (RSI) slides to near 40.00. A fresh bearish momentum would emerge if the RSI falls below that level. Going forward, the asset could slide towards the round level of…
Share
BitcoinEthereumNews2025/09/18 01:23