Securing the sovereign foundations of Singapore’s AI economy
The Economic Strategy Review charts the path for businesses and workers, but national leadership must secure the structural inputs
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SINGAPORE’S Economic Strategy Review (ESR) – 32 recommendations across eight thrusts, drawn from more than 80 consultation rounds with over 7,700 participants – is a serious piece of work.
Acting Minister for Transport and Senior Minister of State for Finance Jeffrey Siow has described it as an effort by a new cohort of political office-holders, working with stakeholders across society and a new generation of business leaders, to chart how Singapore can stay competitive and resilient in a changed world.
Understandably, much of the public debate has centred on its artificial intelligence recommendations and the future of jobs. In every major wave of industrialisation, labour disruption has been real and painful.
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