AI be­com­ing a real threat

Sun.Star Pampanga - - TOPSTORIES! -

PRE­VI­OUSLY, I HAVE writ­ten about the pos­si­ble ef­fects of the emerg­ing us­abil­ity of what is called ar­ti­fi­cial in­tel­li­gence or AI on some of our coun­try’s in­dus­tries, no­tably, the busi­ness process out­sourc­ing or BPO.

Now, the De­part­ment of Fi­nance (DOF) has weighed in on the is­sue and dis­cussed thor­oughly the ef­fects of AI on cer­tain busi­nesses in the coun­try and with ref­er­ence to the Train law (Tax Re­forms for Ac­cel­er­a­tion and In­clu­sion).

In a press re­lease dated Sun­day, Novem­ber 4, 2018, it was stated that: it is the view of the Fi­nance Sec­re­tary Car­los Domingues that the BPO in­dus­try is more threat­ened by AI than any tax mea­sures that may be passed.

Dominguez made this state­ment in the midst of con­cerns that the se­cond pack­age of the Com­pre­hen­sive Tax Re­forms which fo­cus on low­er­ing cor­po­rate in­come tax and ra­tio­nal­iz­ing fis­cal in­cen­tives will ef­fec­tively re­move the perks and other at­trac­tive in­cen­tives ex­tended to BPO com­pa­nies.

The govern­ment, there­fore, should pre­pare for the ad­vance of AI which is rapidly be­ing de­vel­oped world­wide and is cer­tainly to hit hard the BPO in­dus­try.

The framers of the CTRP should al­ways fac­tor in the side ef­fects of this law on all sec­tors of busi­ness and in­dus­try. They should look far ahead in­stead of mak­ing short-term stop­gaps.

* * *

The may­ors of San Si­mon and Mi­nalin should take im­me­di­ate steps to re­pair the badly-dam­aged sec­tion of the CDCP-MacArthur High­way which has de­te­ri­o­rated be­cause of in­ces­sant floods and by heav­ily-laden trucks.

Traf­fic builds up in this area caus­ing se­ri­ous in­con­ve­nience to mo­torists and com­muters. The may­ors should act now be­fore the elec­tion ban sets in.

* * * Com­men­da­tions were given to PESO Ma­bal­a­cat City for be­ing Best Na­tional PESO for com­po­nent city, two times in a row. Next year’s award will in­stall it to the Hall of Fame. Ar­lene To­lentino, Ar­lene Castillo and Alex Inza Cruz of Dole Re­gion 3 at­tended the award­ing rites dur­ing the city govern­ment’s flag cer­e­mony last Mon­day, Novem­ber 5, 2018.

The city govern­ment of Ma­bal­a­cat like­wise should be ap­plauded for get­ting an­other Seal of Good Lo­cal Gover­nance this time un­der the able lead­er­ship of Mayor Crisos­tomo C. Garbo. Mabuhay!

* * *

SM City Clark con­tin­ues to give the pub­lic spec­tac­u­lar en­ter­tain­ment via its Pyro Fest held Novem­ber 3 and fea­tured en­tries from Brazil Mex­ico and Peru. The fest will also be held Novem­ber 10, 17 and 24, 2018.

I’d like to thank Jean and An­nika of SM San Fer­nando Down­town for the lunch ex­tended me Novem­ber 6. Also, thanks to Engr. Ju­nias Euse­bio and Kaye of SM Pam­panga for ac­com­mo­dat­ing me the pre­vi­ous day. Ju­nias, an AVP, is now the Of­fi­cer-in-Charge for North and Lu­zon clus­ter of SM.

* * *

Happy birth­day to Nor­mita Cruz, Branch Man­ager of So­cial Se­cu­rity Sys­tem lo­cated at Mar­quee Mall, An­ge­les City and to Emil Carreon of NBN PTV4 on Novem­ber 5, 2018.

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Bong Gar­cia, mall man­ager of SM Te­labasta­gan an­nounces the mall’s host­ing of a Grand Christ­mas Launch at the Event Cen­ter for a hol­i­day ex­pe­ri­ence on Novem­ber 9, 2018. En­joy, guys!

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