MIT Technology Review 4 2. Introduction: AI and Asia Asia’s quest for technology innovation and sustained economic growth drives tremendous investment in AI peculation on the future of artificial intelligence MIT Technology Review has conducted surveys (AI) and robotics technologies often posits and interviews across Asia in developing this report, Sa binary outcome: either AI will profoundly which assesses how recent advancements in AI and increase efficiency and convenience for the world’s robotics are impacting Asia’s business landscape, economies and its people, or it will irrevocably disrupt looking at the efforts that Asian governments, (if not destroy) nearly every established industry and research institutes, and venture capitalists are making the livelihoods they all support. to hasten their development. The reality will lie between these two extremes. Based on research gathered from surveying Asian business leaders and human resources and AI professionals, this report argues that AI’s future will cleave much more closely to the positive outcome. Moreover, this future appears to be approaching quickly: advances in deep learning and the rapid expansion of process automation in such diverse sectors as manufacturing, transportation, and financial services mean that AI’s impact is growing exponentially with each passing year. Decision makers in all organizations must now begin to understand how AI will alter their own operational processes and those of suppliers, partners, and customers. Asia’s business landscape is poised not only to benefit greatly from AI’s rise, but also to define it. Asia’s quest for technology innovation and sustained economic growth drives tremendous investment in the space. Japan and Korea are looking to infuse all manner of consumer electronics with intelligence. China is attempting to complement and extend, rather than replace, human labor to maintain its dominant role in global manufacturing. China is also striving to build up its intellectual property reserves to ensure that its own firms are globally competitive in the Asia’s business landscape is creation of AI and robotic technologies. Singapore and Hong Kong are in a race to become leading poised not only to benefit greatly financial technology hubs, seeding investment in AI tools in financial service applications. from AI’s rise, but to also define it © MIT Technology Review, 2016. All Rights Reserved.
Asia's AI Agenda Page 4 Page 6