Why India and Philippines aren't losing the AI battle -- yet
From the original
https://think.ing.com/articles/why-ai-matters-for-india-and-the-philippines/
Related speeches
4 itemsWhy India and Philippines aren’t losing the AI battle—yet
Lead — The desk asserts that India and the Philippines remain competitively positioned in the AI landscape, countering fears of decline in their outsourcing sectors. Per the full note [source], both nations have shown resilience in exports of digital services, even as AI transforms the outsourcing paradigm. This is particularly salient as India's business services exports soared, now accounting for over 8.5% of its GDP, while the Philippines sees similar growth driven by its BPO market. In the context of a stable macroeconomic backdrop, traders should monitor these trends closely as a barometer for their currencies involved in regional trade dynamics.