{"id":835367,"date":"2025-03-20T08:13:08","date_gmt":"2025-03-20T13:13:08","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/03\/20\/singapore-taps-ai-for-eldercare-as-adoption-among-smes-surge\/"},"modified":"2025-03-20T08:13:08","modified_gmt":"2025-03-20T13:13:08","slug":"singapore-taps-ai-for-eldercare-as-adoption-among-smes-surge","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/03\/20\/singapore-taps-ai-for-eldercare-as-adoption-among-smes-surge\/","title":{"rendered":"Singapore taps AI for eldercare as adoption among SMEs surge"},"content":{"rendered":"
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  7. Singapore taps AI for eldercare as adoption among SMEs surge<\/li>\n<\/ol>\n<\/div>\n

    Health officials in Singapore are turning to emerging technologies, with artificial intelligence<\/a> (AI) at the core, to cater to its fast-rising elderly demographic.<\/p>\n

    AI-based solutions are anticipated to become integral to elderly care<\/a> in the Southeast Asian nation. Recently, the city-state conducted several preliminary tests of its AI solutions that yielded promising results and is preparing for a commercial rollout across nursing homes and hospices.<\/p>\n

    Due to its rapid demographic growth, Singapore\u2019s elderly population is expected to comprise 25% of its total population by 2030. By the end of the decade, the country\u2019s population is projected to approach seven million, with individuals aged 65 and older reaching approximately 1.7 million.<\/p>\n

    The spike in the elderly population may strain Singapore\u2019s health system, prompting the mainstream acceptance of emerging technologies to augment existing efforts. The most accessible opportunities for using AI in elderly care are \u201cmanaging non-critical conditions\u201d and improving productivity and efficiency<\/a> in administrative tasks.<\/p>\n

    Singapore\u2019s Housing and Development Board (HDB) is at the forefront with its array of fall detection systems for residences<\/a>. HDB is integrating AI technology into its proprietary fall detection systems to automatically issue alerts to caregivers in the event of a fall.<\/p>\n

    Experts are predicting the rise of wearable devices<\/a> in elderly care, tracking vitals, and issuing real-time alerts to caregivers in the case of an anomaly.<\/p>\n

    There are also plans to roll out custom chatbots<\/a> specifically trained to assist older individuals with health issues. The large language models (LLMs) will be able to answer questions while providing personalized care plans for elderly patients.<\/p>\n

    Although AI elderly care in Singapore is primarily homegrown, authorities are also considering foreign-based solutions. United States-based Sensi.AI is gaining traction in Singapore with its health detection offerings, which use audio signals and real-time alerts.<\/p>\n

    Despite the projected trends, experts are pushing for guardrails to protect individuals\u2019 privacy rights<\/a>. There is also the downside of AI errors that could lead to fatalities, with health officials pledging to roll out high standards for applying emerging technologies in eldercare.<\/p>\n

    Singapore is no stranger to AI, housing a thriving local ecosystem of service providers. A wave of AI-based use cases is sweeping across the country, with authorities investing $1 billion<\/a> to become a leading hub in Southeast Asia. The hefty investment is geared toward deepening the city-state\u2019s talent pool and providing key infrastructure to improve AI penetration.<\/p>\n

    \u201cWe want to play a long game in this space,\u201d Sopnendu Mohanty, Chief Fintech Officer at the Monetary Authority of Singapore (MAS), previously said<\/a>. \u201cWe want to ensure whatever AI we adopt or we promote, it stays for a long period of time.\u201d<\/p>\n

    AI in enterprises<\/strong><\/p>\n

    \n

    Not only is AI gaining popularity in the healthcare sector, but Singapore is recording impressive adoption rates from local small and medium-sized enterprises (SMEs).<\/p>\n

    The Association of Small & Medium Enterprises (ASME) in Singapore and Singapore Management University (SMU Academy) have inked a deal<\/a> to trigger generative AI adoption<\/a> in the country. The plan is for SMEs to integrate the technology into their daily operations for improved productivity.\n<\/p>\n<\/div>\n

    The duo has tapped business management consultant Straits Interactive to roll out an Advanced Certificate in Generative AI Applications Design and Prompt Engineering. The first-of-its-kind certification seeks to provide business owners in the country with AI training<\/a> in a rapidly changing landscape.<\/p>\n

    The two-day training is tailor-made for non-technical individuals, with the ASME providing practicals for business owners. By the end of the session, SME owners will glean knowledge on AI prompts for applications<\/a> across key verticals of their operations.<\/p>\n

    \u201cAI adoption is not just about having access to powerful tools; it\u2019s about possessing the right skills and applying AI in relevant business contexts,\u201d said Straits Interactive CEO Kevin Shepherdson.<\/p>\n

    A closer look at the course reveals generative AI training in service and sales, customer care, human resources, and public relations. The course will equip attendees with the skill set to roll out their branded AI solutions rather than depending on generic offerings.<\/p>\n

    \u201cOur goal is to help SMEs design Gen AI applications that integrate seamlessly into their operations, creating real business value while addressing AI risks and constraints,\u201d added Shepherdson.<\/p>\n

    ASME President Ang Yuit noted that the course\u2019s end goal is to deepen generative adoption in the country, building on the gains recorded at the AI Festival Asia.\u00a0<\/p>\n

    Currently, AI adoption among SMEs is a mere 4.4%, but with the help of stakeholders\u2019 concerted efforts, the figure is expected to achieve double-digit metrics.<\/p>\n

    Singapore is hurtling toward mainstream AI adoption across all facets of its local economy. Concrete plans to introduce<\/a> the emerging technology into finance are in place, but the MAS is pining for a cautious approach.<\/p>\n

    In order for artificial intelligence (AI) to work right within the law and thrive in the face of growing challenges, it needs to integrate an enterprise blockchain system that ensures data input quality and ownership\u2014allowing it to keep data safe while also guaranteeing the immutability of data.\u00a0<\/em>Check out CoinGeek\u2019s coverage<\/em><\/a>\u00a0on this emerging tech to learn more\u00a0<\/em>why Enterprise blockchain will be the backbone of AI<\/em><\/a>.<\/em><\/p>\n

    Watch: Transformative AI applications are coming<\/p>\n