SENSE & CENTS

Scenario of AI-driven jobless economic growth need not scare investors and society

Singapore can win in the age of AI and this will benefit local equities

Leslie Yee
Published Tue, Jun 16, 2026 · 02:15 PM
    • Workers displaced by AI could create new businesses, pursue artistic interests, set up social enterprises or launch community initiatives.
    • Workers displaced by AI could create new businesses, pursue artistic interests, set up social enterprises or launch community initiatives. PHOTO: BT FILE

    [SINGAPORE] Artificial intelligence is quickly becoming ubiquitous. AI tools are now widely deployed across many functions in diverse sectors.

    Planning an overseas trip? Doing research on an investment idea? Seeking help on a health issue? AI can help individuals in all these areas and more.

    As AI grows more powerful and AI adoption increases, diverse businesses that use AI effectively will reap productivity gains and higher profits.