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Opinion / #data centres
The need for massive upfront investments and the likelihood of significant job displacement imply remarkable parallels between the AI buildout and the green transition. In both cases, the state has an important role to play in guiding market forces on behalf of the public good.
AI promises productivity gains, but without corporate and investor commitment, Singapore risks deeper inequality, higher emissions, and growing social strain as jobs are lost.
The resistance to Artificial Intelligence will come from the social disruption it will bring – and data centres will be where that backlash lands first. Investors in AI must ensure that its benefits are shared across society, harm is reduced, and value created locally.
Even as governments pour trillions of dollars into roads, power grids, data centers, water systems, and housing, the construction industry has yet to leverage the efficiency gains that AI and digitalisation have to offer. Given how important the sector will be for sustainable development, this must change.
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