Over the past two years, the Fourth Industrial Revolution has seen a national artificial intelligence (AI) strategy as a prerequisite for digital competitiveness and a key pillar of national governance. Last week, Singapore has gained global attention by announcing a new, revised national AI plan.
Singapore, together with the UAE, was one of the first countries to declare, back in 2017, a regional AI plan. The latest one, launched on the last day of last week’s FinTech Festival in Singapore by Deputy Prime Minister Heng Swee Keat, is comprehensive and zero-in on some clear national targets. It also leverages investments in education, technology development, infrastructure and entrepreneurship already made by the government.