Generative AI is reshaping the business world by offering competitive advantages and driving growth, according to KPMG in Singapore. However, the technology also presents significant risks that need careful management. Gerry Chng, Partner and Head of Cyber Advisory at KPMG in Singapore, emphasises four critical areas businesses must address to ensure the safe and effective use of Generative AI. These insights are detailed in his article, which provides strategies for mitigating AI-related risks.
KPMG’s latest newsletter also explores the role of AI in manufacturing and front-office operations. The firm notes that AI is now essential for manufacturers, enabling predictive maintenance and intelligent automation. In the front office, Generative AI and intelligent automation are transforming operations by enhancing customer insights and speeding up decision-making processes.
Additionally, the newsletter sheds light on social sustainability trends, highlighting the Gen2050 Youth Programme, which aims to equip young people with the skills needed to drive meaningful social change. The programme underscores the importance of youth involvement in advancing social sustainability.
The report also discusses the Global Family Business Report 2025, which examines how family businesses are integrating social responsibility and environmental impact into their growth strategies. This approach is seen as crucial for creating value through “good growth.”
KPMG’s insights provide a comprehensive look at how businesses can harness AI’s potential whilst addressing its challenges, ensuring that technological advancements align with broader social and environmental goals.
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