Opinion | Why Indonesia is poised to become the next AI start-up hub
- Knowledge exchanges are crucial to ensuring continued growth, along with an emphasis on creating Indonesian scientists
- China is also facilitating education growth in Indonesia, offering numerous scholarships for scientific research and collaboration
Indonesian start-ups have scaled globally over the last two decades, counting among them super-app Go-jek, e-commerce focused Tokopedia, and education-specific Ruangguru.
As Indonesia moves forward, its workforce must become more technically focused, and Indonesians must facilitate a transition from a resource-based economy to a knowledge-based one. With this being said, AI-focused start-ups must consider Indonesia for growth, particularly as the country expands its start-up ecosystem.
Human capital development must be prioritised by both public and private organisations, particularly as Indonesian companies emerge as a force to be reckoned with in the global start-up economy.
Emphasising intellectual capital growth and knowledge production will help create an environment to incentivise young Indonesian students to pursue initiatives to increase the potential of home-grown AI.
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However, this represents just one step in growing an AI-focused start-up ecosystem in Indonesia, with two other factors for success being an emphasis on education technology and increased government education spending.