标签: Trinidad and Tobago

特立尼达和多巴哥

  • Is AI taking our jobs or not?

    Is AI taking our jobs or not?

    The rise of artificial intelligence (AI) is fundamentally transforming the global workforce, challenging traditional job structures and reshaping industries. While the phrase ‘AI won’t take your job – but someone using AI will’ offers a sense of optimism, the reality is far more complex. Companies worldwide are increasingly citing AI as a reason for cutting thousands of white-collar roles. Amazon’s CEO, Andy Jassy, recently highlighted that AI enables teams to achieve more with fewer people, signaling a shift in workforce dynamics.

    Jobs are not monolithic but rather collections of tasks. Research from McKinsey & Company reveals that AI can perform 30 to 70 percent of these tasks, altering the economic viability of many roles. When AI handles half of a job’s workload more efficiently, companies face three choices: eliminate the role, merge it with another function, or redesign it into an AI-assisted position. This gradual erosion of tasks is particularly evident in routine cognitive work, such as data entry, report writing, and document review, which AI now manages with near-professional precision.

    Gartner predicts that by 2026, 20 percent of organizations will use AI to flatten their hierarchies, eliminating half of their middle-management layers. AI systems are now capable of handling coordination, analytics, and communication—functions traditionally overseen by managers. This shift is creating what McKinsey terms the ‘agentic organization,’ where small human teams supervise networks of AI agents, resulting in leaner companies and faster decision-making.

    While AI is automating many tasks, it is also driving job transformation. In medicine, surgeons use AI to enhance decision-making during operations. In law, AI tools save lawyers an estimated 240 hours annually by handling contract analysis and legal research. In marketing, generative AI has reduced content creation costs by 30 to 50 percent. AI acts as a copilot, handling repetitive work so humans can focus on creativity and judgment. However, companies often fail to replace eliminated tasks with new creative roles, leading to workforce reductions.

    AI is also reshaping income distribution. According to PwC’s Global AI Jobs Barometer (2025), industries like finance, IT, and professional services are experiencing productivity growth five times faster than sectors like manufacturing or transport. Workers with advanced AI skills command a 56 percent wage premium, while routine professional roles face decline. This dynamic is compressing the middle class and rewarding those who can direct, train, or govern AI systems.

    One of the most pressing concerns is the hollowing-out of the career ladder. AI is automating entry-level tasks that once provided young professionals with learning opportunities. Simultaneously, firms are adopting ‘AI-first’ hiring policies, deploying automation before opening new roles. This trend raises questions about how the next generation of managers and specialists will be trained.

    Governments are responding differently to these challenges. The European Union’s AI Act classifies workplace AI as ‘high-risk,’ demanding transparency and safety protocols, which slows innovation but protects workers. In contrast, Singapore is rapidly building an AI-fluent workforce through national upskilling initiatives and a government-backed ethics framework called AI Verify.

    In conclusion, AI is not eliminating all jobs but is dismantling the structure of work as we know it. Tasks are being automated, hierarchies flattened, and entry points erased. The future will favor individuals and nations that master AI literacy, creative judgment, and the ability to design systems rather than merely operate within them. As companies in the Caribbean and beyond adopt digital tools more aggressively, the question is no longer if AI affects our jobs, but how quickly we adapt. When half of your tasks vanish, what remains is a test of the true value of the human element in your work.

  • 7 new members appointed to NIF board as 4 resign

    7 new members appointed to NIF board as 4 resign

    The National Investment Fund Holding Company Ltd (NIF) is undergoing significant changes as four board members have resigned, and seven new members have been appointed. The resignations, effective from October 28, include Chairperson Jennifer Lutchman, along with board members Nadira Lyder, Dexter Jaggernauth, and Cindy Pierre. The vacancies have been filled with the appointment of Dr. Sandra Sookram as the new chairperson, Patrice Jameela Ayoung-Chee as deputy chairman, and Aiden Boodoo, Shivanand Maharaj, Vandanna Singh-Maharaj, and Dexter V. Ragoonath as board members. The new board will serve a two-year term starting October 28. Established in 2018, the NIF was created to manage assets received by the government from Clico’s shareholdings, following a $4 billion government bailout in 2009. The fund has since repaid the bailout and made significant interest distributions, totaling $2.4 billion since its inception. Notable assets under the NIF include Republic Financial Holdings Ltd, One Caribbean Media Ltd, West Indian Tobacco Company Ltd, Angostura Holdings Ltd, and TT Generation Unlimited. The NIF has also made multiple coupon payments to bondholders, including a recent $9 million payment under the NIF 2 bond offer launched in 2022.

  • TTDRM 2026: Climate risk to regional readiness

    TTDRM 2026: Climate risk to regional readiness

    As climate risks escalate globally, Trinidad and Tobago (TT) is spearheading a regional initiative to combat these challenges. The TT Disaster Risk Management Conference and Expo (TTDRM), themed ‘Resilience 360: Bridging Knowledge and Action,’ is set to take place from June 1-3, 2026. Organized by PODS Emergency Management Consultancy & Solutions, this event aims to transform climate warnings into actionable resilience strategies, fostering multi-stakeholder collaboration to bolster national preparedness. The conference builds on the success of TTDRM 2024, which emphasized a ‘whole-of-society’ approach, uniting government agencies, NGOs, private sector leaders, academics, and community stakeholders. TTDRM 2026 will focus on systemic risk, advocating for a shift from isolated hazard management to understanding interconnected risks. Drawing lessons from past disasters like Hurricane Flora in 1963, the event will address gaps in disaster risk reduction, particularly for SMEs and vulnerable populations. The conference will feature international and regional experts, including renowned meteorologist Brian Shields, and showcase innovative emergency management products. PODS Managing Director Stacey-Ann Pi Osoria has called for government representation at TTDRM 2026, stressing the need for political will to drive effective disaster risk management policies. TTDRM stands as a platform where local innovation meets regional readiness, ensuring communities are active participants in building resilience.

  • Cyclist Wallace motivated after World Track Champs debut

    Cyclist Wallace motivated after World Track Champs debut

    Trinidad and Tobago’s emerging track cycling sensation, Makaira Wallace, has described her inaugural appearance at the UCI Track Cycling World Championships in Santiago, Chile, as a profoundly inspiring and motivating experience. Competing for the first time as a senior rider, Wallace marked a significant milestone in her burgeoning career.

  • Positioning Trinidad and Tobago for the AI economy

    Positioning Trinidad and Tobago for the AI economy

    As the global economy increasingly relies on cutting-edge technologies like artificial intelligence (AI) and robotics, Trinidad and Tobago (TT) faces a critical question: Is the nation prepared to seize the opportunities these innovations present? The answer, unfortunately, is far from reassuring. Recent data paints a troubling picture of TT’s declining performance in global innovation benchmarks. On the 2024 Global Innovation Index, TT ranked 108th, a significant drop from its peak at 68th in 2008. Similarly, the UNCTAD Frontier Technology Readiness Index shows TT slipping to 86th in 2025, down from 75th in 2021. These rankings highlight systemic weaknesses in industrial capacity and research and development (R&D), with TT scoring 122nd and 130th globally in these areas, respectively. The nation’s R&D expenditure remains below 0.5% of GDP, and patent filings are alarmingly low, averaging just one per year. Despite these challenges, there are glimmers of hope. Ramps Logistics’ AI-driven solution, MAWI, is revolutionizing customs brokerage and generating foreign exchange, while Carib Brewery’s $200 million smart manufacturing initiative marks a bold step toward industrial modernization. These successes underscore the potential for TT to tap into the $2.5 trillion global frontier technology market, projected to grow to $16.4 trillion by 2033. To bridge the innovation gap, TT must prioritize R&D and industrial capacity, strengthen governance frameworks, and support SMEs in adopting advanced technologies. The urgency of these reforms cannot be overstated, as failure to act risks leaving TT behind in the rapidly evolving global economy.

  • Beckles: Foreign Ministry facilitated Venezuelan envoy meeting

    Beckles: Foreign Ministry facilitated Venezuelan envoy meeting

    Opposition Leader Pennelope Beckles has firmly defended her courtesy meeting with Venezuelan Ambassador Alvaro Sanchez Cordero, asserting that the engagement was both appropriate and coordinated through official channels. The meeting, which took place on October 30, was arranged following a letter from Trinidad and Tobago’s Ministry of Foreign and Caricom Affairs dated October 28. Beckles emphasized that the encounter was brief, lasting only 15 minutes, and focused on expressing appreciation for her party’s support for Latin America and the Caribbean as a zone of peace, as declared by CELAC in 2014. She also clarified that similar courtesy calls have been arranged with envoys from Ireland, India, Palestine, Cuba, and Japan, all facilitated by the ministry. Beckles dismissed accusations of unpatriotic behavior, stating, ‘I hope that clears up the misconception that you are going against the government and not being patriotic.’ The opposition leader also criticized Prime Minister Kamla Persad-Bissessar for labeling the meeting as a ‘huge mistake’ and accusing her of siding with a ‘narco government.’ Beckles called these remarks ‘reckless’ and ‘calculated to cause mischief,’ particularly given the timing amid budget discussions. She further highlighted the Venezuelan National Assembly’s recent declaration of Persad-Bissessar as persona non grata, stressing that her meeting with Cordero was unrelated to this development. Beckles also warned that the impending presence of the USS Gerald Ford aircraft carrier in the region could deter foreign investment in Trinidad and Tobago. She urged the government to prioritize regional integration, citing concerns over trade rifts with Caricom countries and the recent hike in excise duties on alcohol and tobacco products.

  • TTPFL ponder schedule reshuffle to facilitate national team

    TTPFL ponder schedule reshuffle to facilitate national team

    The TT Premier Football League (TTPFL) is considering adjustments to its third match day of the 2025/26 season to facilitate the national men’s football team’s preparations for the upcoming FIFA 2026 World Cup qualifiers. Acting CEO Yale Antoine announced the potential changes in a memo to tier one clubs on November 3, following a request from national team coach Dwight Yorke. The proposed adjustments would see the national team engage in a practice match against a TTPFL select XI on November 7, while the league’s match day three fixtures are tentatively rescheduled for November 9. This move aims to provide the national team with crucial practice ahead of their qualifiers against Jamaica and Bermuda on November 13 and 18, respectively. The TTPFL has also been addressing logistical challenges, including flight delays that postponed the season’s opening match between Terminix La Horquetta Rangers and 1976 FC Phoenix. The league is working to finalize travel and accommodation arrangements for Phoenix, who are set to host MIC Central FC Reboot in Tobago. Antoine emphasized the importance of the qualifiers for Trinidad and Tobago’s football landscape, highlighting the opportunity to enhance the country’s standing on the regional and global stage. Further updates on the rescheduling and practice match are expected on November 4.

  • Trinity College, Moka instals motivational message at school

    Trinity College, Moka instals motivational message at school

    Trinity College, Moka, has unveiled a powerful motivational sign featuring the words of its esteemed alumnus, Don La Foucade, a renowned motivational speaker and author. Installed in the college hall on October 13, the sign boldly proclaims, ‘There really is nothing impossible to you who believe!’ This installation, adorned with vibrant artwork by parent and graphic artist Jerome Harrylal, showcases the iconic Trinity College building against the Maraval hillside, symbolizing the school’s core values of Courage and Courtesy. Acting Principal Ann Niles highlighted the sign’s role as a visual reminder of the school’s mission to inspire students to embrace their potential and strive for success. The idea for the sign originated from a motivational session La Foucade led during the Form One August vacation camp, which left a lasting impact on students and the Parent-Teacher Association (PTA). The PTA embraced the concept, seeing it as a permanent tribute to La Foucade’s message of resilience and optimism. La Foucade, deeply moved by the installation, expressed his gratitude for the opportunity to contribute to his alma mater’s legacy. He emphasized the intentional fusion of inspiration and school pride in the chosen phrase, hoping it will motivate future generations of Trinity students. Niles underscored the importance of belief in personal growth, national unity, and collective progress, urging students to never stop dreaming and to turn their aspirations into reality.

  • Suspect in Rio Claro businessman’s murder at large

    Suspect in Rio Claro businessman’s murder at large

    The investigation into the fatal shooting of 58-year-old businessman Sylvan ‘Lawah’ Boodan in Rio Claro remains ongoing, with the perpetrator still at large. Boodan, owner of Gloria’s Bar located at Jeffers Crossing on Tabaquite Road, was tragically gunned down on the morning of November 3. The incident occurred around 8:30 am on the premises of R. Baldeosingh Services Ltd (RBSL), a construction company in Poole Village, Rio Claro, where Boodan worked as a straightener and painter. Witnesses reported that an unidentified masked man approached Boodan near his car, called him by name, and after a brief exchange, fired a single shot. The assailant fled the scene, leaving Boodan to collapse and die in front of his vehicle. A relative suggested the murder might be connected to a dispute involving unpaid services to a spiritual advisor, or ‘obeah man,’ earlier this year. However, police have yet to confirm the motive. An autopsy is scheduled to be conducted this week at the Forensic Science Centre in St. James. The Homicide Bureau of Investigations, Region Three, is leading the case.

  • A Ray of Hope: Venezuelan children find refuge, education in Penal

    A Ray of Hope: Venezuelan children find refuge, education in Penal

    Nestled within the compound of St Dominic’s RC Church in Penal, a unique initiative named *A Ray of Hope* is making a profound difference in the lives of vulnerable and migrant children. Housed in two repurposed shipping containers, this child-friendly space provides education and a sense of belonging to over 70 children aged four to 13, many of whom are Venezuelan migrants. The project, which began in 2018 under the guidance of then parish priest Fr Robert Christo, has grown into a beacon of hope for displaced families. Today, Venezuelan priest Fr Jorge Amundarain leads the initiative, emphasizing education as a tool for empowerment. He stated, “Education helps children become individuals who can reason, think creatively, and develop their own ideas.” The program, which mirrors Trinidad and Tobago’s national curriculum, also includes subjects like Spanish, Venezuelan history, and geography to prepare children for their eventual return home. Despite its success, the initiative faces financial challenges, relying heavily on community donations and goodwill. Cristina John, the program coordinator, highlighted the struggle for consistent funding, especially after UNICEF’s budget cuts. The project continues to thrive thanks to local supporters, including The Children’s Ark, which donated one of the containers. With a teaching staff of four locals and two Venezuelans, including sports instructor Moises McNish, the program also bridges cultural gaps, introducing students to Trinidadian traditions like Divali. Fr Amundarain remains hopeful, stating, “May this project continue as long as God allows.” The team dreams of expanding to include teenagers but is constrained by limited space and resources. For those willing to help, contact details are available to support this vital cause.