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ASEAN Businesses Show High Optimism for AI Despite Energy Costs

Steady: 0 in the last 7 days Updated oct 12

The latest in this situation

  1. Manik Bhandari, the ASEAN data leader, was noted in relation to the regional cooperation among Indonesia, Singapore, Vietnam, and Thailand.

How it started

1 report, 1 independent, last reported Oct 11. The briefing below covers this first event.

AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

A survey of 514 regional business leaders found that 78% of South-east Asian businesses expect the benefits of artificial intelligence to outweigh its energy requirements. The survey, which highlighted regional cooperation, noted that Singapore, Vietnam, and Thailand showed the highest levels of optimism regarding AI adoption. Manik Bhandari, an ASEAN data leader, commented that AI returns quickly when applied to appropriate use cases.

From businesstimes.com.sg

Why it matters

Some supportBrind's analysis of the reports

AI adoption is accelerating across South-east Asia, with 62% of respondents increasing investments in data-driven technologies over the past year. This trend is particularly pronounced in Indonesia, where 85% of businesses reported moderate-to-significant increases in AI investment.

From businesstimes.com.sg

Who's involved

  • Association of Southeast Asian NationsThe international organization whose member states are surveyed regarding AI adoption.
  • IndonesiaA country where 85% of businesses reported moderate-to-significant increases in AI investment.
  • SingaporeA country cited as having one of the highest levels of optimism regarding AI benefits.
  • VietnamA country cited as having one of the highest levels of optimism regarding AI benefits.
  • ThailandA country cited as having one of the highest levels of optimism regarding AI benefits.

Who could feel it

Possible knock-on effects

These are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.

  • IndonesiaSpeculative

    Regional AI investment trends could drive core economic growth and infrastructure demand.

  • SingaporeSpeculative

    Regional AI investment trends could drive core economic growth and market confidence.

  • VietnamSpeculative

    High optimism regarding AI benefits might drive business confidence and investment in the country.

  • ThailandSpeculative

    Regional AI investment trends could drive core economic growth and market confidence.

How it developed

Newest first. Tap a step to see who reported it.
  1. Leaders from Singapore, Indonesia, and Vietnam met to discuss regional cooperation and market expansion plans.Sub-event
  2. Manik Bhandari is identified as the ASEAN data leader, highlighting regional cooperation.1 source

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The entities involved

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Coverage

Newest first; wire copies grouped