E70: Singapore’s AI Masterplan: $1B investment, 300 firms, $3,000/month reskilling—what Europe is missing
Description
This episode unpacks how Singapore’s forward‑leaning AI strategy commits $1B over five years, funds 300 local companies with up to S$500,000 each to build internal AI teams, and catalyzes private capital to accelerate real adoption.
Most striking: anyone over 40 can reskill for 12–24 months with S$3,000 per month while local model options drive costs down—and regulators update existing laws instead of creating paralyzing mega‑frameworks.
The outcome is an AI hub with net‑new, AI‑native companies and a structural lead, while Europe debates; the call to action is to audit strategies against Singaporean standards and learn faster via Asian partnerships.
Links
- Connect with Malcolm on LinkedIn: https://www.linkedin.com/in/malcolmwerchota
- Werchota AI: https://www.werchota.ai
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