On May 30th, Google released its Google Economic Impact Report at the ATxSummit event at Asia Tech x SG in Singapore. By 2030, if Singaporean companies adopt AI driven products and solutions, the economic benefits can reach SGD 1983 billion, equivalent to nearly 30% of Singapore's gross domestic product (GDP) in 2023. The report points out that out of the nearly 200 billion Singapore dollars in potential economic value, 23% comes from the consumer, retail, and hospitality industries, 22% comes from manufacturing, 18% comes from transportation, and other industries such as financial services, healthcare, and education account for 38%. (Lianhe Zaobao)