Da Nang (VNA) – The APEC economies should create conditions forpeople who lose jobs due to automated manufacturing to move to other areas wherethey will work at their homes or on e-commerce platforms, said Victoria Kwakwa,Vice President of the World Bank.

“There will be jobs that will be lost and new opportunities will be created, sothe thing is to find new opportunities,” Kwakwa told a Vietnam News Agencyreporter on the sidelines of the ongoing APEC 2017 CEO Summit in the centralcity of Da Nang.

All economies are going through the situation that the work is changing and theway people work is changing, she said.

“If you go to quite a few of firms even here in Vietnam, you find thatautomation is happening a lot. A lot has been done by machine and not by human,”she said, adding “that process will continue and then you also have digitaltechnology that allows people to participate in trade more easily and moreefficiently.

People can sit here in Vietnam and sell something to somebody in South Americajust by using digital technology, and that’s very good and these changes willeliminate some jobs but some new jobs will come.

“Maybe you don’t have to find the formal jobs, you can work from your house,”she said.

“It’s exciting but economies have to prepare a quality labour force by giving peoplethe right skills and the right tools to adapt to the new environment,” shenoted.

Kyle F. Kelhofer, Country Manager for Vietnam, Cambodia and Laos of the InternationalFinance Corporation, an affiliate of World Bank Group, said technology hasimproved skills and training for increasing better and safe jobs as well as e-commercejobs.

It is important for economies to invest in people, skills and training, hesaid.

In a discussion themed “the New Job Creators” as part of the APEC CEO Summit onNovember 9, Duong Thi Mai Hoa, Director General of Vingroup, said robots and machines are now used much in manyindustries. For example, in the health sector, robots conduct surgery and ineducation, they teach foreign languages.

But there must be a combination between human and machine to gain the bestefficiency, she noted, adding that people should be trained to master machinesand technologies.

According to Chrystia Freeland, Canadian Minister of Foreign Affairs, governmentsneed to identify which jobs will be and focus on education to help people havehigh skills to meet requirements of jobs in the future.

Meanwhile, Nathan Blencharczy, Co-founder and Chief Strategy Officer of Airbnb,said economies should offer high-paid jobs to people with high education.

In another discussion on the future of work on November 8, Nicolas Aguzin,Chairman & CEO of JP Morgan Asia-Pacific, said over 500 million new jobs havebeen created in a proper period of time.

“There has seen the biggest transformation in our society in the last ten yearsand lots of new jobs created yes it’s true that some jobs were lost in certainindustries and certain countries.”

He also emphasised the need to expand education scale. “Today you have a capability of developing a system of vocationaltraining and we can give certain people the right to training they need and theright jobs they are coming up,” he said.

People not only get knowledge from secondary school or university butthroughout all of their life, he said. “Someone, 60 or 70, can learn today. Youcan go online and learn anything you want. It doesn’t matter who you are evenwith a smartphone,” he cited.

The APEC CEO Summit is an important event during the APEC 2017 Economic Leaders’Week from November 6-11.

Established in 1989, APEC comprises Australia, Brunei, Canada, Chile,China, Hong Kong (China), Indonesia, Japan, the Republic of Korea, Malaysia,Mexico, New Zealand, Papua New Guinea, Peru, the Philippines, Russia,Singapore, Chinese Taipei, Thailand, the US, and Vietnam.

It represents 39 percent of the world population, 57 percent of theworld GDP and 47 percent of the total trade.-VNA