Artificial intelligence accounted for roughly half of Asia’s economic growth heading into 2025, according to analysis from Nomura. The surge has been largely propelled by robust global demand for semiconductors, data infrastructure, and related tech hardware manufactured across the region. Contrary to prevailing concerns regarding widespread technological unemployment, Nomura’s assessment indicates that AI adoption has generated a net positive impact on labor markets, resulting in more hiring than firing across multiple sectors supporting the AI supply chain.
- Nomura economists report that artificial intelligence and related tech demand drove approximately 50% of Asia’s regional growth for 2025.
- The economic boost was primarily anchored in the manufacturing and export of advanced semiconductors and hardware components required for AI infrastructure.
- Labor market data shows that the technology has spurred net employment growth, creating more jobs in development, manufacturing, and integration than it has displaced.
- Asian export powerhouses remain key beneficiaries of the global tech investment cycle, countering broader macroeconomic slowdowns in traditional trade sectors.
Based in Singapore, CNA (Channel News Asia) covers global developments with an Asian perspective, with correspondents based in major cities across Asia, including Kuala Lumpur, Jakarta, Bangkok, Tokyo, Seoul and Beijing, as well as in New York, Washington D.C. and London.
Official website: https://www.channelnewsasia.com/
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I have some serious doubts about these numbers, but even if true, you need to know that debt is part of GDP, i.e. more debt means more growth!
Just to say… you don't always want more growth…
Only bankers want growth at any price, else their pyramidal financial schemes would collapse.
Also as someone said: "You can't have infinite growth in a limited environment, only a mad man or an economist would pretend the opposite!"
best joke ever 🤣
That's because no company dares to say the truth about why they are really retrenching – cost-cutting enabled by AI.
Once AI is trained, that's where the firing begins.
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BS
more hiring for short term and more firing for long term workers
you missed that part