KKR chiefs bet aging Japan will fuel AI and technology investment

The Japan Times 

KKR Co-CEO Joe Bae says that if Japan doesn't invest in areas such as automation, robotics and artificial intelligence, the aging population and decline will become a bigger and bigger challenge for its success as a nation." KKR says Japan's aging population presents opportunities to invest in areas that tap artificial intelligence (AI) and other technologies to make the most of a shrinking workforce. We're looking for ways to invest in businesses and industries that fundamentally improve the productivity of Japanese workers," KKR Co-CEO Joe Bae said in an interview in Tokyo. If Japan doesn't invest in areas such as automation, robotics and AI, the aging population and decline will become a bigger and bigger challenge for its success as a nation." Bae is keen on technology or software companies that can help provide skilled labor or services to boost productivity and negate Japan's demographic trends.