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NDC talks AI and tech to address impact of ageing society

12 December, 2024

Courtesy of ICRT

The National Development Council says the government will need to address economic issues by using AI and other technologies as nearly half of its population is expected to be over the age of 65 by 2070. Council deputy minister Kao Shien-Quey says Taiwan is on track to become a super-aged society by 2025, with 20% of its population aged 65 or above and, after that, societal ageing driven by the low birth rate, will accelerate. As a result of that, people of working age will constitute less than 50% of the population by 2070, which is a "major warning sign" for the country's ability to maintain a labour force and industrial development.

But the deputy minister emphasized that artificial intelligence presents a critical opportunity, noting that countries with high readiness for AI integration see greater contributions to their GDP. Kao says in the coming years, countries will launch large-scale efforts to enhance their AI competitiveness, train their populations, and even build "sovereign data centers" and as a centre for AI development, Taiwan will have an edge as it looks to implement AI in its various industries, allowing it to "break through" some of the limits imposed by an ageing society and declining population.

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