Secret to AI strategy is building on what Singapore is already known for
Being a hub has long been central to Singapore’s identity and economic success – this strategy must be updated and reinforced once again.
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Singapore’s unusually dense concentration of regional headquarters and multinational firms can make it a productive source of real-world enterprise problems for AI companies., says the writer.
ST PHOTO: BRIAN TEO
The Economic Strategy Review (ESR) has identified artificial intelligence as a key pillar of Singapore’s future growth. At the same time, it acknowledges a simple reality: Singapore has no intention of building the next ChatGPT.
Nor should it try to. Frontier AI models require vast pools of capital, computing power and talent concentrated at a scale that only a handful of countries and companies can sustain. Singapore has neither the scale nor the comparative advantage to compete with the United States or China in building foundational AI models.
