Harnessing potential of AI can drive growth in Apec economies: PM Wong
newsare.net
Asia-Pacific Economic Cooperation (Apec) economies can benefit from artificial intelligence (AI) and harness it to drive the next wave of growth for its 21 member economies, said Prime Minister Lawrence Wong on Saturday (Nov 1).He was speaking at the second sHarnessing potential of AI can drive growth in Apec economies: PM Wong
Asia-Pacific Economic Cooperation (Apec) economies can benefit from artificial intelligence (AI) and harness it to drive the next wave of growth for its 21 member economies, said Prime Minister Lawrence Wong on Saturday (Nov 1).He was speaking at the second session of the Apec Economic Leaders' Meeting (AELM) held in Gyeongju, South Korea.The 21-member grouping represents about 61 per cent of global gross domestic product (GDP).PM Wong said that Singapore's focus is on the application and use of AI, adding that the country is keen to cooperate and exchange best practices with other Apec economies.«We are a small, compact, digitally connected city-state. We can't ourselves develop the best leading-edge AI foundation models ourselves, but we can make use of them to develop and create applications with the biggest impact, in areas like finance, logistics, healthcare and advanced manufacturing,» he added. Read more














