Artificial intelligence, machine learning and data science will play a key role in transforming Thailand into an AI Super Economy, said a key man at the Kasikorn Business-Technology Group (KBTG).
“These technologies will raise the quality of Thai economy and society in the next five to 10 years,” Dr Thadpong Pongthawornkamol said in his capacity as the KBTG’s senior principal visionary architect and machine-learning leader, “We foresee AI Super Economy and Thais’ better quality of life”.
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He explained that when backed by data science, artificial intelligence (AI) and machine learning (ML) would contribute greatly to national development.
Synergy of AI, ML and Data Science
During an exclusive interview with The Story Thailand, Thadpong commented that the integration of data science, AI and ML into national development would definitely strengthen the country in three main aspects.
Firstly, the country will get efficient automation with AI taking action for tasks that do not require complicated thinking and machines performing tasks with greater accuracy and quality.
Secondly, the country will get data that help people see a clearer picture of situations and make better decisions. “For example, humans will be able to consult crediting scoring. Even farmers will be able to use information to determine which crop is best for farming in their areas,” Thadpong pointed out.
Thirdly, the country will have systems to efficiently develop human resources. Technologies will serve like assistants that help with planning investments, business matching, and recommending what are best for their users.
“On the overall, they will give humans a better life,” he quipped.
He said Thailand, in terms of infrastructure and people, had what it took to become a regional leader. “It’s just that we need cooperation from various sides in driving our country ahead. The private sector, the government sector and the educational sector must join forces,” he said.
Thadpong said he had now applied his experiences in a global company based in Silicon Valley and in academic fields to his work at KBTG. “Our missions are to develop good technologies and products, create a cashless society, make it easier for people to work, and raise quality of life,” he said.
At present, he has not only formed his team at KBTG but also helped various educational institutions plan the production of their graduates.
His KBTG team, which actively engages in brainstorming, preparing road maps, conducting experiments, and innovating, has also reached out to other organizations and communities to provide contributions.
“We are bringing KBTG knowledge and abilities to where they are needed,” he said.
Thadpong also hoped to see KBTG set up a tech center whereby Thai talents could join in efforts to develop tech solutions that drive the country’s economic and social development.