AI in trade, industry set to increase Thai GDP by 6%

Quick Summary:

Generative artificial intelligence (GenAI) is projected to raise Thailand's GDP by 6% by 2030, with hefty contributions from the trade and manufacturing sectors, according to a joint online survey by SCB X and SCB Economic Intelligence Center (SCB EIC).

In Thailand, GenAI would raise GDP by 6% by 2030, with big contributions from trade and manufacturing, said Mr Nakarin.

However, Thai SMEs are not fully prepared for the arrival of GenAI, particularly in terms of data readiness and infrastructure, noted the survey.

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Article Details

Category: EconomyBusiness

Markets: ThailandMalaysiaSingapore

Topics: Survey Clear Readiness Malaysia Challenges Development Thailand Genai Nakarin Data Business

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 05:57:00 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 555 words

Reading Time: 4 minutes read

Sentences: 18 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 23577747

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Official Website: bangkokpost.com

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