Businesses’ AI use has also pushed up hiring for better-paid and higher-skilled foreign Employment Pass holders, which the report attributed to demand for specialised expertise. She suggested that a broader range of staff may be reskilled or redeployed as AI becomes more embedded in business processes. Headcount grew by 10 per cent and revenue increased by 12 per cent for AI-using professional services firms. New AI transformation aheadRecommending more tailored support for businesses to take up AI, Liu said: “This may entail identifying sector-specific AI use cases with larger returns, or the provision of support to smaller firms that may lack internal capabilities to effectively integrate AI.” The scale-up of this operational model will likely drive a statistically significant jump in revenue, he told The Business Times.