What's Happening?
A new report from IBM, titled 'APAC AI Outlook 2026: Transferable Value across Industries,' indicates that artificial intelligence (AI) is transitioning from an experimental tool to a direct revenue source for companies in the Asia-Pacific region. The study, developed with the IBM Institute for Business Value, involved interviews with executives from 14 leading organizations across various sectors, including banking, manufacturing, telecommunications, energy, and the public sector. The report reveals that AI is increasingly integrated into core business operations, moving beyond isolated projects. Companies are using AI to redesign products, improve decision-making, and create new income streams. The report also notes that 64% of AI spending
is now directed toward core business functions, with expectations that by 2026, 95% of global executives will see generative AI projects as at least partly self-funded.
Why It's Important?
The findings underscore a significant shift in how AI is perceived and utilized within businesses, highlighting its role as a growth tool rather than merely a support function. This transition could lead to substantial economic impacts, as companies that effectively integrate AI into their operations may gain competitive advantages, improve efficiency, and unlock new revenue streams. The report also emphasizes the importance of AI ethics, governance, and transparency, suggesting that companies investing in these areas tend to see better financial returns. This shift towards AI-driven business models could influence global economic trends, with potential implications for job markets, industry standards, and regulatory frameworks.
