MIGHT to study impact of disruptive technology

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 the industry and the 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 had changed the landscape of taxi service today, a study on IoT was also 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 said.
He said MIGHT, an agency under the purview of the Prime Minister’s Department, was also in the midst of discussion with the government on the policies and laws which 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’,” he said.
Meanwhile, Nancy said, the second reading for the Land Public Transport (Amendment) Act, which aimed to regulate Uber and Grab services using the e-hailing application, would be presented at the Dewan Rakyat tomorrow. – Bernama