The New Skills in Finance Report 2022
In a digital-transforming era, there is a widening skills gap for those who cannot adapt to the new digital world in finance.
CFTE and Elevandi published the report with the discussion with leading experts to help governments, organisations and individuals address the current skills gap in finance and build a digital-resilient workforce in the industry.
Key takeaways from "Singapore National AI Strategy" report published by Smart Nation Singapore
CFTE summarised “Singapore National AI Strategy” report by Smart Nation Singapore. The report sets out our plans for Singapore to build a thriving AI ecosystem; develop our workforce to take on new opportunities; provide enough infrastructural capacity to achieve our ambitions; and foster a trusted environment that protects users and facilitates innovation.
Key Aspects
- The report focuses on Singapore’s National AI Strategy (NAIS) 2.0, emphasizing the role of Artificial Intelligence (AI) for public good, both in Singapore and globally.
- The strategy has been developed with a conviction to harness AI for addressing critical global issues like health and climate change, and to empower people and businesses.
- The report discusses how AI can be a great equalizer, and aims to achieve excellence in AI for value creation and empowerment of individuals, businesses, and communities
Table of Contents
- Foreword
- Introduction
- National AI Strategy 2.0
- Our Vision and Goals
- Our Plan
- System 1: Activity Drivers (Industry, Government, Research)
- System 2: People & Communities (Talent, Capabilities, Placemaking)
- System 3: Infrastructure & Environment (Compute, Data, Leader in Thought and Action, Trusted Environment)
Key Findings and Insights
This report will give you an insight into:
- To propel ourselves further as leaders in the field AI, three key shifts from our initial National AI Strategy are imperative for NAIS 2.0:
- From Opportunity to Necessity: The expanded landscape of opportunities and risks brought forth by AI today make clear that AI is indispensable for the continued prosperity and relevance as a nation. We must master AI, rather than think of it merely as an accessory or a luxury.
- From Local to Global: Singapore must operate, from the outset, with a global outlook for AI. We must connect to global networks, working with the best and pooling resources among the like-minded to overcome the complex challenges that plague AI today.
- From Projects to Systems: We must further enhance our capability, infrastructure and resource foundations, and accelerate ideas exchange at scale, to amplify and manage the impact of AI across various sectors, and in economy and society at large.
- Guided by the vision “AI for the Public Good, for Singapore and the World”, NAIS 2.0 focuses on two twin goals:
- Excellence: Singapore will selectively develop peaks of excellence in AI, to advance the field and maximise value creation. We intend to direct AI towards addressing the needs and challenges of our time, such as in areas of global importance like population health and climate change.
- Empowerment: Singapore will raise up individuals, businesses, and communities to use AI with confidence, discernment, and trust. We intend for AI to be the great equaliser, which equips our people and businesses with the capabilities and resources to thrive in an AI-enabled future.
- The strategy is structured around three systems:
- Activity Drivers, People & Communities, and Infrastructure & Environment, each supported by specific enablers. It involves 15 actions to be undertaken over the next 3-5 years, continuously reviewed to respond to fast-moving AI developments
Key infographics
