296 views
Photo by Igor Omilaev on Unsplash

Singapore lags in AI integration despite consumer preference: study

AI bias in the city-state significantly more than the global average

Singaporean brands lag behind global peers in leveraging AI even though consumers were becoming more inclined to AI-enabled tools and services over human interaction, according to a recent study by Adobe.

The firm found in its State of Digital Customer Experience Asia-Pacific report that nearly half of consumers in the city-state said they would choose AI-assisted brand interactions over human input, particularly for exploring new products and services. This surpasses the global average of 40%. Many more favored both options to be available.

Despite consumer preference and anticipation for the benefits of generative AI, only 12% of Singaporean brands adopt generative AI to enhance consumer experience, lower than the global average of 17%.

Singapore, meanwhile, beats global peers in rolling out upskilling initiatives for its staff working with generative AI.

Improving generative AI capabilities in the next year ranked second on the strategic agenda of Singaporean brands. Half, however, claim it as their main focus for enhancing the consumer experience, according to the report.

“While brands in Singapore are lagging behind in terms of AI adoption, our findings indicate that this will soon evolve as Singapore, as well as other Asia markets, are well poised for an accelerated uptake amid continued realisation of the direct benefits that generative AI offers and its strong position as a technological hub,” Simon Dale, vice president at Asia for Adobe, said. 

Despite strong consumer preference for AI, 61% of consumers are still concerned about non-consensual use of their personal data and 64% are concerned that too much data will be collected.

Dale said this shows the need for businesses who are going digital to “strategically navigate data privacy and security concerns” to avoid compromising customers’ data.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Lorem Ipsum Singapore Business Review
The text to display in the title bar of a visitor's web browser when they view this page. This meta tag may also be used as the title of the page when a visitor bookmarks or favorites this page, or as the page title in a search engine result. It is common to append 'Singapore Business Review' to the end of this, so the site's name is automatically added. It is recommended that the title is no greater than 55 - 65 characters long, including spaces.The text to display in the title bar of a visitor's web browser when they view this page. This meta tag may also be used as the title of the page when a visitor bookmarks or favorites this page, or as the page title in a search engine result. It is common to append 'Singapore Business Review' to the end of this, so the site's name is automatically added. It is recommended that the title is no greater than 55 - 65 characters long, including spaces.
Lorem Ipsum 2
Contrary to popular belief, Lorem Ipsum is not simply random text.