According to a report released by U.S. consultancy Kearney and Singapore’s EDBI, Singapore is the number one among ASEAN countries to invest in AI, with $68 worth of AI investment per capita last year. The firms expect that
the technology could add US$110 billion to Singapore’s economy, or 18 percent of its expected 2030 GDP.
However, neighbouring countries Thailand, Malaysia, Indonesia, Vietnam and the Philippines were all estimated to have under US$1 investment per capita. Kearney partner Nikolai Dobberstein believes regulatory bottlenecks including privacy protection rules, issues of transparency and data-sharing restrictions to be the challenges to adoption of the technology in Southeast Asia. (Source)
Singapore Tops in AI Investment as Input Gaps Between ASEAN Countries Widen
Singapore is the number one among ASEAN countries to invest in AI, with $68 worth of AI investment per capita last year.
0 comments on “Singapore Tops in AI Investment as Input Gaps Between ASEAN Countries Widen”