AI GUIDE FOR BOARDS IN SINGAPORE
Section I: The Board Mandate
1.4. Resilience in a Disrupted Economy
As a highly open economy, Singapore is particularly exposed to global technological shi s. For instance, the rise of earlier technological shi s like the internet and smartphones created entirely new market leaders, while disrupting incumbents that failed to adapt quickly.
Boards must ensure the organisation is agile enough to adopt emerging technologies while balancing governance, compliance and resilience with local regulatory and societal expectations.
Setting the tone from the top means ensuring AI is governed as both a strategic opportunity and a material enterprise risk.
AI is likely to trigger a similar wave of disruption.
Disruptors o en come from outside traditional industries. Boards must scan the horizon for non-traditional AI competitors.
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