Creating human impact with artificial intelligence

The rising prominence of artificial intelligence (AI) in our conversations, the way we work and do business, protect communities against crime and even the way news is reported to us on television is unprecedented. Its ability to learn and process massive amount of data far outstrips any other current technologies and will only continue to grow as we make greater strides in computer processing power and deep learning algorithms. In Singapore, the AI ecosystem is thriving with the emergence of start-ups, growing collaboration across sectors and the drive to develop capabilities and innovative solutions. A recent study by Microsoft and IDC Asia/Pacific estimated that AI will nearly double the rate of innovation and employee productivity improvements in Singapore by 2021, and the majority of people in Singapore believe that AI will either help to do their existing jobs better or reduce repetitive tasks. From manufacturing to healthcare, financial services and the public sector, the adoption of AI is pervasive with promise for powerful capabilities beyond our imagination.