Singapore Tops the 2023 Asia Pacific AI Readiness Index
Singapore reigns supreme in the 2023 Asia Pacific AI Readiness Index released by Salesforce, boasting an impressive score of 70.1, making strides from its 2021 score of 65.6. Japan and China secure the second and third spots respectively.
Deciphering the Index: Business vs. Government AI Readiness
This third edition of the bi-annual index elaborates on AI readiness using 15 statistical indicators. On the business front, Singapore, with a score of 53.6, outpaces China and South Korea. In the realm of government AI readiness, Singapore, yet again, tops the chart with an impressive 86.5, with Australia and Japan trailing behind. Singapore’s ascent can be attributed to initiatives like the National AI Strategy and the AI Verify Foundation.
The AI Readiness Disparity in the APAC Region
A widening gap between mature and emerging digital economies in their AI adoption readiness is evident. Notably, Southeast Asian nations, including Indonesia, Malaysia, Thailand, the Philippines, and Vietnam, lag behind the Asia Pacific average. Yet, the introduction of national AI policies in these countries hints at potential growth in the near future.
Generative AI: The Game-Changer
The disruptive nature of Generative AI is reshaping perspectives on AI. McKinsey’s projection is staggering, estimating an economic boost ranging from US$2.6 trillion to US$4.4 trillion for the Asia-Pacific region by 2030, thanks to generative AI. However, this surge demands specific prerequisites like robust infrastructure, quality data, skilled workforce, ethical considerations, and seamless integration.
Tracking the AI Progress across APAC
A glance at APAC’s AI landscape from 2021 to 2023 reveals commendable progress:
- Singapore: A forerunner with significant AI-centric initiatives.
- Indonesia and Thailand: Witnessed notable upticks in government AI readiness post their 2021 and 2022 national AI strategies.
- Japan and China: Continue their intense focus on AI innovation.
- New Zealand: Emerges as a leader in digital and open government data.
- Australia: Showcases consistent strength in government AI readiness.
- South Korea: Distinguishes itself in creative outputs.
- India: Is recognized for its burgeoning AI start-ups.
The Way Forward: Bridging the AI Readiness Gap in APAC
With business AI readiness on an upward trajectory, especially among MSMEs, both private and public sectors have a role to play. The report emphasizes the need for:
- Robust national AI strategies.
- A unified approach to AI regulations.
- Prioritizing responsible AI and ethical considerations.
- Investing in AI talent.
- Harnessing AI for societal and economic upliftment alongside focused educational campaigns.
Also read: Sephora Malaysia Breaks Ground with Revolutionary Mobile Checkouts in Partnership with Adyen
Words of Wisdom
Sassoon Grigorian, VP of APAC Government Affairs at Salesforce, commented: “For countries to succeed in this exciting AI environment, including the adoption of generative AI, their economies require a sufficient level of AI readiness. Singapore is leading the charge across the Asia Pacific with a focus on strategic AI deployment and safeguarding the responsible use of AI. Strong institutional, infrastructural, organisational, and ethical foundations around AI will be critical to success now and in our global AI future.”
Note: For a deep dive into the report, head over to the Asia Pacific AI Readiness Index 2023. The report is a collaboration between Salesforce and Access Partnership.
