Discussing the future of AI in Singapore and Asia: DBS conference

DBS, a leading bank in Singapore, is set to host its inaugural forum, the DBS Asia Future Forward Conference, on October 12. The conference aims to investigate the implications of AI growth and its potential to drive Asia's future development. This marks DBS's commitment to becoming a trusted platform that connects capital, fosters innovation, and ensures responsible governance for AI-led solutions.

Tan Su Shan, DBS's Chief Executive Officer, emphasized the importance of intentional AI deployment, stating that the true impact lies in the strategic application of technology to generate tangible economic and societal value. She recognized the challenges AI poses to jobs, but also highlighted the potential for harnessing AI for good.

As a society, Tan believes there are methods to utilize AI effectively and to proactively address its risks. Singapore, she is confident, can play a significant role in Asia's AI future, given its position as a neutral and trusted hub for capital, talent, and innovation. Singapore already stands out as the world's second-largest destination for foreign direct investment in 2025, following the United States.

With Singapore assuming the chairmanship of ASEAN in 2027, Tan sees further opportunities to improve regional connectivity and support promising AI solutions across Southeast Asia. The conference will feature speakers from various AI-related sectors, including Intel CEO Tan Lip-Bu and Broadcom CEO Hock Tan, both influential figures in the AI ecosystem.

Notable international speakers include TikTok CEO Shou Chew, Franklin Templeton CEO Jenny Johnson, and Danantara Chief Investment Officer Pandu Sjahrir. Canadian author and futurist Salim Ismail will also participate, discussing strategies for companies to remain competitive in an AI-driven world. The conference concludes with a dialogue between Tan and Singapore's Prime Minister, Lawrence Wong.