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The AI revolution – a new era for emerging markets

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    • Developed market companies like Nvidia may have dominated the headlines as the first wave of investment opportunity centres on computing power, but there are secondary role opportunities in the wider tech supply chain for EM businesses.
    • Developed market companies like Nvidia may have dominated the headlines as the first wave of investment opportunity centres on computing power, but there are secondary role opportunities in the wider tech supply chain for EM businesses. PHOTO: REUTERS

    Pruksa Iamthongthong

    Published Tue, Dec 5, 2023 · 05:00 AM

    THE artificial intelligence (AI) revolution is reshaping economies and industries globally. While the technology has existed for some years, it appears we’re now at an inflection point, with the emergence of the likes of ChatGPT bringing AI to the general consumer.

    The inflection point for the commercial adoption of AI has largely been achieved due to two factors: the availability of data and lower computing costs thanks to semiconductor advancements.

    These advancements have made AI more accessible and affordable, opening up the technology to companies beyond “Big Tech”. This should allow emerging market (EM) countries to reap the benefits of years of research while also leveraging their agility to adapt and innovate.

    Artificial IntelligenceEmerging marketsThe Bottom Line

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