Indonesia
INDONESIA POISED TO BECOME AI INVESTMENT HUB
Indonesia is emerging as a prime destination for AI investment, bolstered by its vast population of 282.74 million, making it the fourth-largest in the world after India, China, and the US. With one of the fastest-growing AI technology adoption rates globally, particularly in corporate sectors and over 2,600 startups, the country is poised to enhance productivity. According to Statista, Indonesia's sizable population offers a significant market for digital economy and AI development. The rapid growth of 5G and AI adoption is shaping the global business landscape, including in Indonesia. However, as per Statista, Indonesia's AI spending in 2022 was relatively modest at IDR 1.38 trillion. By 2027, this figure is expected to more than double, reaching IDR 5.26 trillion, reflecting a growing investment trend. Minister of Communication and Information Technology, Budi Arie Setiadi, highlighted the potential of the digital technology ecosystem during his Keynote Speech at Sinar Mas Digital Day 2024. He emphasized that while the majority of AI investment is concentrated in the US, China, and the UK, Southeast Asia, including Indonesia, has seen a significant rise in ICT sector investment. In Southeast Asia, AI investment's contribution grew from USD 1 billion in 2020 to USD 11 billion in 2022. The Minister projected AI could contribute USD 366 billion to Indonesia's economy by 2030, positioning AI as a key driver of economic growth. Meanwhile, HP Inc's latest Work Relationship Index survey revealed that AI adoption among Indonesian professionals has surged to 87%, compared to 53% in 2023, with 92% expressing satisfaction with AI's impact on productivity.Source: https://investor.id/business/375134/indonesia-berpotensi-jadi-pusat-investasi-ai (ICE GIACARTA)
Fonte notizia: InvestorID, 1 October 2024