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Thai economy faces jobless crisis amid AI fears

By Editorial Staff · 21 August 2026
AI fears: Thai economy faces jobless crisis

Sawatd Liptapanlop, former Deputy Prime Minister, presided over the annual “Phowtto Si Ko” or “Giving Out Alms” ceremony at the Seng Ngam Tang Temple, managed by the Huk 31 Buddhist Foundation in Nakhon Ratchasima. The event, held on August 20, 2026, at 10:00 AM, saw over 4,000 individuals from various areas gather to receive essential supplies like rice and dried food.

Also in attendance were former Industry Minister Prasert Boonchaisuk, Member of Parliament for Nakhon Ratchasima’s second district Watcharapon Tomon Sak, Huk 31 Foundation Honorary Chairwoman Khemthong Rueangkrutaya, Honorary Chairman Suwat Jeangwiwakorn, and Huk 31 Foundation Chairman Pravit Aswanachai.

Liptapanlop highlighted the Huk 31 Foundation’s three decades of service to the people of Korat, providing crucial assistance during natural disasters, supporting Buddhist activities, sports, and caring for the less fortunate in Nakhon Ratchasima and disaster-stricken areas nationwide.

He noted the increasing number of people attending the foundation’s alms-giving events each year, which underscores the ongoing economic stagnation at the grassroots level and persistent poverty, particularly in the Northeast. Many residents there lack opportunities and capital for livelihoods, hindering their self-sufficiency.

Liptapanlop also pointed to external factors like artificial intelligence (AI) as a growing concern, potentially impacting the labor market and employment. He stressed the need for all capable sectors to collaborate in supporting the public and preventing a severe economic crisis.

To address these challenges, Liptapanlop proposed that the government prioritize budget allocation to support the grassroots economy and low-income earners. He specifically recommended three key actions: first, supporting small and medium-sized enterprises (SMEs) and small entrepreneurs, as they are vital for provincial employment; the government should ensure liquidity and access to funding to help businesses retain jobs. Second, boosting the tourism sector, which can quickly distribute income to communities, rural areas, and villages, creating direct employment and income opportunities. Third, encouraging investment and exports to sustain the overall economy and maintain GDP growth, allowing the macroeconomy to continue progressing.

“The most important thing right now is to work together to solve the people’s livelihood problems first. Thais must love and be united to overcome this economic crisis,” Liptapanlop stated.

He expressed gratitude to all donors, businesspeople, and individuals who contributed to the Huk 31 Foundation’s mission. He also offered words of encouragement to the more than 4,000 people who came to receive aid, saying, “Do not be discouraged. Everyone, keep fighting, love and help each other, and believe that we can get through this crisis together.”