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It said that would go towards new technology and equipment to modernise the fleet, training to upskill workforces and help to "revitalise" coastal communities.

Upskill in targeted, practical ways.

Upskill effectively and leverage existing skills.

With some jobs gradually being automated, lower-income and less-educated workers will be disproportionately affected by it since they often don’t have the financial resources to upskill themselves.

In its latest report, released Wednesday, 77% said they were planning to reskill and upskill their existing workers between 2025 and 2030 to work alongside AI, CNN reported.