Wednesday, 10 June 2020 15:54

Asia Pacific emerging as global AI epicentre, says analyst Featured

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Supportive government framework and policies are expected to enable the Asia-Pacific (APAC) region to emerge as the global epicentre for the growth of artificial intelligence (AI), according to one global analytics firm.

According to GlobalData several countries across the region are focusing on leveraging AI, enhancing productivity and competitiveness and, though the key objectives of different government entities may vary from each other, “all of them want to leverage their strengths to emerge either as AI innovation drivers or leaders”.

Sunil Kumar Verma, Lead ICT analyst at GlobalData, says that “despite their different priorities, countries strive to accomplish four common and prime objectives by leveraging AI - formulate policies for workforce in an automated economy, job creation across emerging sectors which leverage new technologies, build data ecosystem to be leveraged by cross-verticals to foster innovations and intelligent mitigation of impact on workers impacted by adopting AI and risk reduction”.

According to Verma, most countries in APAC have had AI policies and initiatives in place for the past five years – "be it Japan’s Artificial Intelligence Technology Strategy to promote the development of AI and priorities for industrialisation or South Korea’s US$21bn (KRW24.2 trillion) budget to develop science and technology and AI sectors".

Verma says that similarly, China’s New Generation of Artificial Intelligence Development Plan proposes three development stages (2020, 2025 and 2030) as per the development situation of AI technologies in China.

“India too has defined a national policy on AI in working paper ‘National Strategy for Artificial Intelligence’, focussing on five key areas - agriculture, mobility, healthcare, transportation and urban/smart-city infrastructure. Thailand too had formulated AI ethics guidelines last year, undertaken by the Digital Economy and Society (DES) Ministry of Thailand, to cater to the country’s competitiveness and sustainable development.

“Certainly, the APAC region is expected to emerge as a major market for AI-led initiatives, since most countries in the region are establishing committees or task forces for creating national AI strategies, which have either been launched or are on the course of being launched in next few years.

“Indeed, other countries too are keen on launching AI bases policies and framework. Malaysia has announced forming a National Data and Artificial Intelligence (AI) Policy by mid-2020, to position the country as a hub in South-East Asia for grooming AI talent, and support its efforts in building commercial AI ecosystem. Indonesia is expected to introduce a national strategy for supporting capabilities development in technologies related to AI. Similarly, the Philippines too is formulating an AI road map to improve its productivity and economic growth.

“Application scenarios across various verticals continue to move from divided to a unified and customized methodology. The need for digital governance and collaborative approach with the technology companies would further facilitate in the scaling up of enterprises and government priorities in the AI industry chain,” Sunhill concludes.


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Peter Dinham

Peter Dinham - retired and is a "volunteer" writer for iTWire. He is a veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).

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