{
  "id": 9649653,
  "title": "Trust is the real AI advantage",
  "url": "https://urgent.news/2026/09/24/trust-is-the-real-ai-advantage",
  "topic": "ai",
  "section": "AI",
  "published": "2026-09-24T23:00:00.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/singapore/bt50/trust-real-ai-advantage"
  },
  "original_language": "en",
  "account": "The prevailing belief about artificial intelligence is that speed is the key to success. However, as AI tools become more accessible and commonplace, the real competitive advantage will not be defined by the AI itself. Instead, it will be the ability to scale AI responsibly, consistently, and with the trust of various stakeholders.\n\nThis trust is not just an illusion that forms during the early stages of AI experimentation. In sectors like financial services, where the stakes are higher, trust becomes a prerequisite for scaling AI-powered solutions. Assurance from customers, employees, regulators, and risk teams must be cultivated before the technology can be implemented on a larger scale.\n\nResponsible AI involves more than just a policy statement. It necessitates the design of AI systems with accountability, transparency, human oversight, privacy, security, and fairness from the outset. This means knowing who is responsible for decisions, how the system is tested, the data used, how exceptions are handled, and when human intervention is required.\n\nBuilding trust is not a slower process but an essential one. It may involve redesigning workflows, establishing governance guardrails, training employees, and aligning stakeholders early on. In the long run, investing in trust can save organizations time spent on resolving adoption barriers, managing unforeseen risks, and retrofitting controls post-deployment.\n\nDespite visible enthusiasm for AI adoption in Asia, trust remains a significant barrier. A Visa study found that while 74% of consumers utilize AI-powered tools to discover products, 32% are hesitant to share personal or payment information with such systems. Even in financial services, only 62% of consumers trust AI-powered tools to act in their best financial interest.\n\nConsumers may appreciate AI's speed and convenience, but only if they have control, clarity, and accountability. The industry should reconsider how AI investments are measured. While ROI is important, it should not overshadow intangible benefits such as trust, resilience, explainability, employee confidence, and regulatory readiness, which can determine whether an AI capability transitions from a pilot to a scaled solution.\n\nUOB, for instance, views the next wave of AI adoption as being led by people and powered by technology. AI should enhance judgment, not replace responsibility. The business problem must come before the AI decision. Successful adoption often begins with a real-world workflow, a clear pain point, and the people who will use the solution daily.\n\nThe upcoming UOB Asean Insights special report, \"Trusted by Design: From AI Experimentation to Scaled Adoption,\" emphasizes that the gap between a successful pilot and scaled adoption lies not in the model but in the operating model surrounding it: workflows, governance, people readiness, leadership sponsorship, and ecosystem partnerships. This is the work that transforms AI from a demonstration into a capability.",
  "summary": "Why responsible artificial intelligence should be treated as an enabler, not a brake",
  "key_points": [
    "Trust is crucial for scaling AI, not just speed",
    "Responsible AI requires accountability, transparency, oversight",
    "Trust barriers exist in Asia despite AI adoption enthusiasm"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Business Times - Singapore",
        "title": "Trust is the real AI advantage",
        "url": "https://urgent.news/2026/09/24/trust-is-the-real-ai-advantage-9649759",
        "published": "2026-09-24T23:00:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}