The National Economic and Development Authority (NEDA) sees new opportunities in the digital economy following the launch of a strategy roadmap and a research center that will harness the use of artificial intelligence (AI) and support the country’s social and economic transformation.
The Department of Trade and Industry, which aims to propel the Philippines toward becoming a regional frontrunner in AI utilization, launched the AI Strategy Roadmap 2.0 on July 3.
NEDA Secretary Arsenio Balisacan underscored the critical role of the roadmap and the Center for AI Research (CAIR) in achieving this ambitious goal.
“The National AI Strategy Roadmap 2.0 will strengthen the government’s capacity for sustainable digital transformation, stimulate local innovation and entrepreneurship while enabling unprecedented opportunities in the digital economy. The roadmap aligns with the Philippine Development Plan (PDP) 2023-2028, emphasizing the transformative potential of emerging technologies in job creation and socioeconomic transformation,” said Balisacan.
The roadmap advocates from the adoption of cutting-edge technological advancements, including generative AI.
CAIR aims to position the Philippines as a leader in multiple AI application areas by fostering technological innovation and multidisciplinary and cross-disciplinary research. It also prioritizes the development of full-time research scientists, engineers and R&D personnel.
Balisacan said AI is poised to invigorate critical growth sectors, such as the creative and software development industries, along with other higher value-added services. He said that by implementing the AI Roadmap 2.0 and establishing the CAIR, the government could ensure the smooth transition of the economy and the Philippine workforce to the critical technology.
He said that initiatives should support displaced workers through upskilling, reskilling and training.
Balisacan reiterated the need to bolster the nation’s digital infrastructure through the passage of the Konektadong Pinoy Bill.
The bill aims to provide affordable Internet access by enhancing market accessibility, upgrading physical and digital infrastructure, and enabling full participation of individuals and businesses in the digital economy.
