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Southeast Asia risks missing AI boom due to value chain gap, says economist

By PulseAugur Editorial · [1 sources] ·

Southeast Asian economies risk falling behind in the AI revolution due to a lack of significant movement up the value chain in manufacturing and research, according to Standard Chartered's chief ASEAN economist Edward Lee. While countries like Singapore and Malaysia are involved in chip assembly and server manufacturing, they lag behind North Asian counterparts in advanced semiconductor production and R&D investment. The Philippines' business process outsourcing sector is particularly vulnerable to AI-driven automation, potentially impacting its GDP contribution. AI

IMPACT Southeast Asian economies risk being left behind in the AI revolution if they do not invest more in R&D and move up the value chain.

RANK_REASON Economist commentary on regional economic positioning relative to AI.

Read on Fortune →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Southeast Asia risks missing AI boom due to value chain gap, says economist

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Economist commentary on regional economic positioning relative to AI.
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COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Angelica Ang ·

    Southeast Asia ‘has not really moved up the value chain’ and risks missing the AI boom, says Standard Chartered’s chief ASEAN economist

    “Every country wants to have the next Silicon Valley or be the next AI mega-producer, but getting there isn’t just a matter of snapping one's fingers."

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