MIGHT in study on impact of disruptive technologies

CYBERJAYA: The Malaysian Industry Government Group for High Technology (MIGHT) is collaborating with several industry stakeholders to run a pioneer project on disruptive technology.

MIGHT CEO Datuk Dr Mohd Yusoff Sulaiman, said the collaboration involved a study to assess the level of disruption of new technologies on industry and community, in line with the government’s effort in exploring the Fourth Industrial Revolution (Industry 4.0).

“The Industry 4.0’s sphere is too wide, involving artificial intelligence, genomics, Internet of Things (IoT) and many other technology which can be categorised as disruptive industry, but bodes a promising outlook for the industry,” he told reporters yesterday.

Also present was Minister in the Prime Minister’s Department Datuk Seri Nancy Shukri.

Mohd Yusoff said just like how Uber and Grab have changed the landscape of taxi services, a study on IoT is being conducted to forecast technological changes.

“We will also see how IoT can affect people’s daily transactions in terms of financial or non-financial transactions,” he added.

He said MIGHT, an agency under the purview of the Prime Minister’s Department, is in discussions with the government on policies and laws that should be customised according to technological developments.

“We should also create a group of youngsters with technological skills to introduce new products and services to the community, thus transforming ‘disruptive technology’ to ‘assisting technology’,” Mohd Yusoff said.

Meanwhile, Nancy said the second reading for the Land Public Transport (Amendment) Act, which aims to regulate Uber and Grab services using the ehailing application, will be presented at the Dewan Rakyat tomorrow. – Bernama