SAP CEO on how AI is boosting productivity and what it means for Asia | Exclusive

Artificial Intelligence and other emerging technology have boosted the fortunes of legacy software companies of late. One of them is German multinational firm SAP, which has seen its market capitalisation soar to more than US$230 billion as it transitions its services to the cloud and incorporates AI tools in its offerings. SAP CEO Christian Klein speaks to CNA’s Elizabeth Neo exclusively on how the company is realising the potential of AI, and what it means for Asia.
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[@ericphua2359]

ASEAN could become the world’s fourth-largest economy by 2030, comprising of a consumer market valued at over US$4 trillion.
This economic achievement will be driven by four major forces: strong demographic trends (65 percent of ASEAN’s 600 million population will be middle-class), increasing foreign investment, rising income levels, and digital advances.
Strengthening the bloc’s continued growth trajectory is its various free trade agreements (FTAs) some of which are the world’s largest. These FTA offers numerous opportunities for foreign investors, ranging from capitalizing on Singapore as the region’s financial services hub or moving manufacturing operations to low-cost regions in Vietnam, Indonesia, and Malaysia.
International businesses can benefit from ASEAN’s FTA network in the form of reduced importer costs, improved custom clearances, and increased access to products eligible for preferential treatment. Moreover, there are numerous tax and fiscal benefits such as tax holidays and deductions.

[@ThickBanana]

Innovation at the likes of Google, Apple, and Microsoft continues to boom at an incredible pace. Technological progress in America's "Silicon Valley" is remarkable.

[@stevekelly6332]

What would you prefer? An AI as your friend? Or someone to have a cup of tea with on Saturday afternoon?

[@mrtienphysics666]

ChatGPT?

[@happymelon7129]

Funfact :
Amount the top of the top 2% world AI expert , 60% are Chinese.
These days, Ang-Mor too lazy to study hard on math.

[@vincecarlo]

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