COMPANIES need to put artificial intelligence (AI) at the center of their modernization efforts in order to remain competitive after the pandemic, the trade department said.

Trade Undersecretary Rafaelita M. Aldaba said: “Initiatives such as AI must be harnessed and be placed at the core of all our endeavors to ensure that we will not only overcome overwhelming obstacles but also guarantee that our industries will remain adaptable (and ensure that) they thrive moving forward,” Ms. Aldaba said in a statement Sunday.  

The Department of Trade and Industry (DTI) also announced an Oct. 27 event on AI to boost competitiveness.

It added that the event will guide industries in preparing AI-adapted business strategies.

“This occasion will also showcase some the country’s experts in the field of AI who will deepen and broaden our understanding and appreciation of this new technology,” the DTI said.

“Through this event, a productive and constructive engagement is envisaged to revolve around aspects of paramount importance such as the potential of the envisioned National Center for AI research; experiences and insights on the adoption of AI by businesses, especially during the pandemic; and, critical issues surrounding AI particularly those that are related to ethics, governance and regulation,” it added. — Revin Mikhael D. Ochave