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The Next 60 Years: How AI can power Singapore’s Future

The Next 60 Years: How AI can power Singapore’s Future

Discover how AI is poised to support the next stage of Singapore’s economic journey and its potential in reshaping key industries through productivity enhancements, driving innovation to talent and upskilling.

The Next 60 Years: How AI can power Singapore’s Future masthead

As Singapore marks over six decades of economic growth and transformation this year, the nation stands at the cusp of a new era powered by Artificial Intelligence (AI).  This comprehensive report prepared by UK-based consultancy, Public First, for Google, explores the extent of AI’s impact across industries in the city-state. The whitepaper also showcases how companies in Singapore can harness the countries’ proactive stance in driving AI innovation to augment employees’ skills and capabilities. 

Key Insights:

  • Economic Uplift through AI Integration: AI adoption could enhance productivity across sectors, notably adding up to S$27 billion to manufacturing. 
  • Workforce Empowerment and Wage Growth: By automating routine tasks, AI can save businesses up to approximately 21 days annually, potentially leading to wage increases. 
  • Responsible AI Development: Addressing concerns like misinformation and data privacy is crucial. The report emphasises the importance of ethical frameworks to help maintain trust.

Grounded in a representative survey of over 1,000 Singaporean adults, this whitepaper offers actionable recommendations for businesses and underscores AI's potential in reshaping the marketplace we know today. 

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