Trade Talks: AI - reshaping the global economy and business landscape | Tech Week

AI is driving economic transformation and job creation in the Philippines, with significant investments leading to the launch of AI-powered software engine engineering jobs. A notable expansion by AscendOn aims to create 6,000 new jobs while ensuring engineers are AI certified. The Philippine government recognizes AI as a catalyst for growth, integrating it into its economic vision. Despite advancements, the Philippines must enhance its STEM education and ensure local ownership in tech, focusing on partnerships and incentives to remain competitive globally. Without proactive measures, the risk of being left behind in the tech landscape looms large.

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AI Expert Commentary about this Video

AI Governance Expert

As AI emerges as a pivotal force in economic development, comprehensive regulatory frameworks must be established to ensure ethical deployment. The Philippines must prioritize transparency, data privacy, and responsible AI practices to foster trust and encourage innovation.

AI Market Analyst Expert

The landscape of AI investment remains vibrant, particularly as emerging economies like the Philippines align policies for growth. Quantum leaps in AI talent and infrastructure could see the country establish itself as a competitive player in the global tech arena, leveraging both local expertise and international partnerships.

Key AI Terms Mentioned in this Video

AI-Powered Software Engineering

The video discusses how the Philippines is set to expand its workforce in this area through significant investments.

AI Readiness Index

The Philippines has moved up in its global ranking, indicating progress in these areas.

Digital Transformation

The ongoing digital transformation impacts various sectors including healthcare and public services.

Companies Mentioned in this Video

AscendOn

The video highlights its plan to create 6,000 new AI-certified jobs in the Philippines.

Mentions: 3

Nvidia

The video references Nvidia as a key player benefiting from the AI market surge.

Mentions: 2

Company Mentioned:

Industry:

Technologies:

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