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Skills Shortage is Stopping Many Asian Companies from Embracing AI, Study Shows


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The study found only 41% of companies in the Asia-Pacific region have embraced artificial intelligence.

A lack of skilled workers is stopping many Asian companies from embracing artificial intelligence, according to a new study by Microsoft and International Data Corporation.

Credit: channelpartnersonline.com

While artificial intelligence (AI) is expected to speed up innovation in the Asia Pacific region over the next few years, only 41% of companies in the region are currently using the technology, according to a recent Microsoft and International Data Corporation survey of business leaders and workers in 15 Asia Pacific countries.

One of the main obstacles preventing companies in the region from embracing AI is a skills shortage, the study found.

The report highlighted the fact that while a majority of companies say they are willing to invest and retrain workers, many lacked time and an understanding of where to start.

China has launched an aggressive campaign to dominate the AI space through public and private investments into the technology, aiming to be a world leader in AI innovation by 2030.

Some of Microsoft's major AI breakthroughs on cognitive services, object, and speech recognition came from the company's research and development team in China, according to Microsoft Asia president Ralph Haupter.

From CNBC
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Abstracts Copyright © 2019 SmithBucklin, Washington, DC, USA


 

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