Is Southeast Asia the Next Frontier for AI?
Jakarta Post | 9 December 2024
The region’s tech-savvy youth presents a key advantage in accelerating AI adoption.
JAKARTA – In the first half of 2024, Southeast Asia attracted over US$30 billion in artificial intelligence (AI) infrastructure investments, according to the 2024 e-Conomy SEA Report from Google, Temasek and Bain & Company. The ERIA One ASEAN Startup Whitepaper highlights over $50 billion invested in AI by tech giants including Microsoft, Google, and Amazon since January 2023.
This reflects the growing recognition of the region as a burgeoning hub for AI innovation, a shift that could drive the region’s economy forward. ASEAN has projected that AI could boost the region’s gross domestic product by 10 percent to 18 percent, potentially adding $1 trillion by 2030.
With over half of ASEAN youth already digitizing a significant portion of their tasks, the region’s tech-savvy youth presents a key advantage in accelerating AI adoption. While these developments and the region’s growing interest in AI present promising opportunities, significant challenges remain. What steps must Southeast Asia take to fully harness AI’s potential and position itself as the next frontier for AI?
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