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Business
23 December 2024

AI Set To Transform Thai Businesses By 2025

Experts predict widespread AI integration to boost productivity and innovation across sectors.

The rise of artificial intelligence (AI) is undeniably transforming the business landscapes across the globe, with Thailand poised to be no exception. By 2025, Thai businesses are anticipated to increasingly embed AI technologies within their operations, enhancing productivity and competitive edge.

According to Tanawat Sutthumphan, managing director of Microsoft Thailand, AI will become central to the way organizations operate, marked by significant advancements. "AI is not just technology but an opportunity to transform businesses," Sutthumphan remarked. He believes organizations across all sectors, including business and government, need to adapt to these advancements to remain competitive.

One of the most notable trends Sutthumphan points to is the phenomenon referred to as Scaling Laws, which suggests AI's capabilities will experience exponential growth. By 2024, he anticipates AI will develop more rapidly than any previous industrial revolution, shifting from incremental growth to significant advancements within shorter time frames.

Supporting this prediction, recent findings from IDC indicate 60% of global companies plan to utilize AI technologies heavily within the next two years—a substantial jump from 46% the previous year. This marks the readiness of various industries, particularly education, health, and finance, to embrace AI.

AI Agents are also expected to revolutionize workflows, reducing mundane tasks and liberations for employees to concentrate on high-value activities. Sutthumphan predicts, "We will see increasing differences between those who use AI and those who do not." Firms will soon integrate these agents extensively, generating efficiency and increased collaboration.

Another trend, referred to as Multimodal AI, highlights the need for AI applications capable of processing and producing outputs from various forms of data. This includes texts, images, and audio, allowing for smarter interactions and leveraging diverse data types seamlessly.

While technology continues to advance, so too must measures for data security. Sutthumphan stresses the importance of implementing rigorous data governance strategies to protect sensitive information. Without appropriate safety measures, businesses risk data breaches, potentially harming both corporate integrity and customer trust.

Ethics surrounding AI usage cannot be overlooked. Many organizations are delving deep to create frameworks ensuring AI is used responsibly to benefit all stakeholders. Microsoft is actively promoting guidelines emphasizing transparency, fairness, and security concerning AI's societal impacts.

To thrive amid these changes, businesses must not only adopt AI but also commit to upgrading their human capital. Sutthumphan advocates for executive leadership to define clear AI strategies, enhancing skills, and providing adequate tools to empower employees effectively.

Reflecting on the future, he contends, "Today is another exciting time for the technological revolution; Gen AI has just begun. Every organization and individual has equal access to use AI tools. With decreasing costs to access or even free versions available like Microsoft Copilot, everyone should embrace this intelligent technology." This insight places urgency on Thai organizations to cultivate innovative atmospheres where creativity and technology coexist harmoniously.

Conclusively, as AI becomes embedded deeply within the fabric of business operations, adapting swiftly to these changes is no longer optional—it's imperative. Successful organizations will be those which convert AI from mere technology to ambitious allies, reinventing processes and driving growth.

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