The Department of Trade and Industry (DTI) announced a significant leap towards an AI-driven future with the launch of the National AI Strategy Roadmap 2.0 (NAISR 2.0) and the Center for AI Research (CAIR).
“This dual launch marks a significant milestone in our efforts to harness innovation for sustainable economic growth. Through NAISR 2.0, we remain committed to harnessing AI’s transformative potential to boost our economy and improve the quality of life of all Filipinos,” DTI Secretary Alfredo Pascual during the launch Tuesday.
He said the country has the talent pool ready for AI training and innovation with over 800,000 tech-savvy graduates yearly to leverage the NAISR 2.0 potential.
The roadmap also aims to attract major investments in AI. A recent report by Goldman Sachs found that “16 percent of companies in the Russell 3000 mentioned AI in their earnings calls, up from 1 percent in 2016.”
The Philippines, with its robust IT-BPM sector and growing digital economy projected to reach $35 billion in gross merchandise value (GMV) by 2025, is poised to become a prime destination for AI investments, Pascual said.
“In manufacturing, AI-powered robots can automate tasks, improve production line efficiency, and optimize resource allocation. Similarly, AI-powered chatbots can enhance customer service in the retail and service industries,” he said.
Microsoft, in a recent study, predicts that generative AI can unlock $79 billion in productive capacity in the Philippines, particularly in manufacturing and wholesale and retail trade.
Collaborations with international partners like Amazon Web Services and AI Singapore are already being explored.
“A whole-of-nation approach is necessary. NAISR 2.0 outlines seven strategic imperatives, including building a robust AI ecosystem and upskilling the workforce. This will involve collaboration between government, industry, academia, and civil society,” Pascual said.
