MIL-OSI Economics: ASEAN Ministerial Meeting on Science, Technology and Innovation (AMMSTI) Statement on Artificial Intelligence (AI)

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Source: ASEAN

The Meeting RECOGNISES the significant transformative potential of Artificial Intelligence (AI) as a key driver of technological advancement and innovation and ASCERTAIN the need for concerted action and collaboration to harness the benefits of AI while proactively addressing its multifaceted social, economic, and ethical implications.The Meeting NOTES that AI is projected to significantly impact the ASEAN economy, potentially resulting in a 10 to 18% GDP uplift, valued at approximately USD1 trillion by the year 2030.

Download the full statement here.
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