According to the government artificial intelligence (AI) readiness index rankings, the United States (U.S.) is the highest-ranked country on the worldwide index in 2024, with an index score of 87.03. This means that the U.S. is considered the country best situated in the world to implement AI within public services, from healthcare to education to transportation. Other noteworthy countries with high indexes were Singapore, the Republic of Korea, and France coming in at second, third, and fourth respectively. China ranks 20th on the index as it only measures AI readiness instead of AI implementation. Compared to many other countries that may score more highly for AI readiness, China is advanced in implementing AI capabilities to public services as it has made this a top government priority.
In 2023, Singapore ranked in second place globally in the Government AI Readiness Index, indicating a stability of the country's ranking in this index from the years before. The Government AI Readiness Index aims to explore how ready a government is when it comes to the implementation of Artificial Intelligence in delivering public services to their citizens. It looks at the governmental and technological process of a country that contributes to the AI readiness.
The U.S. government scores the highest on AI vision with a score of 100 out of 100 according to a 2020 government artificial intelligence (AI) readiness index ranking. Its overall index score reached 85.48, making it the highest-ranked country worldwide, which means that the U.S. is considered the country best situated in the world to implement AI within public services. Apart from AI vision, various other categories such as governance and ethics, infrastructure, data availability, and data representativeness are also taken into account.
In 2023, Vietnam ranked 59th place globally in the Government AI Readiness Index, indicating a downgrade of the country's ranking in this index from the year before. The Government AI Readiness Index aims to explore how ready a government is when it comes to the implementation of Artificial Intelligence in delivering public services to their citizens. It looks at the governmental and technological process of a country that contributes to the AI readiness.
According to the government artificial intelligence (AI) readiness index rankings, Indonesia ranked 42nd among 193 countries in 2023, with an index score of 61.03 out of 100. Among the readiness index categories, Indonesia scored the lowest on the technology sector pillar, indicating the need for adequate AI tools supply from the country's technology sector.
In 2023, Singapore ranked first in the business AI readiness index among countries in the Asia-Pacific region, with 53.6 out of 100 points. In contrast, Indonesia had a business AI readiness index score of 23.5 in the same year.
In 2023, Singapore was the most AI-ready country in the Asia-Pacific region, scoring 70.1 out of 100 points in the AI readiness index. In contrast, the Philippines had an AI readiness index score of 35.7 in the same year, indicating a lower overall AI readiness level.
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In 2024, among the different categories measuring the government artificial intelligence readiness in Singapore, data and infrastructure scored the highest with 93.14 out of 100. According to the same index, the country ranked second globally for AI government readiness.
As of 2023, the strategy domain is the one with the largest number of companies claiming to be either a pacesetter or a chaser in terms of artificial intelligence (AI) readiness. The data domain held the largest number of laggards in the technology.
In 2023, in an index to assess artificial intelligence (AI) readiness, Singapore scored 86.5 out of a hundred for government readiness, and 53.6 for business readiness. Government readiness is based on various indicators to assess the level to which public sector actors enable AI through funds and frameworks. Consumer readiness is defined by the way consumers perceive, understand and trust AI. Business readiness represents the level of equipment in the private sector to adopt AI.
When it comes to readiness for the adoption of artificial intelligence (AI) among big pharmaceutical companies, Swiss company Roche was at the top, as of August 2023. According to an index, calculated based on talent, innovation and execution, Roche had the highest score. In many cases, big pharma companies build up their AI readiness by acquisition of smaller, but extremely innovative and technology-driven companies.
According to the government artificial intelligence (AI) readiness index rankings, Estonia is the highest ranked Eastern European country in 2022, with an index score of 70.14. This means that Estonia is considered the country best situated within Eastern Europe to implement AI within public services, from healthcare to education to transportation. Other noteworthy countries with high indexes within Eastern Europe were Czechia, Poland, and Lithuania coming in at second, third, and fourth respectively.
In 2021, among the different categories measuring the artificial intelligence readiness of consumers in Singapore, technology access had the highest index score with nine out of ten. This category represents the basic level of information and communication technologies (ICT) such as communications, infrastructure and affordability. In the global artificial intelligence readiness index, consumer readiness scored 65.9 out of a hundred.
In 2023, Singapore was the most AI-ready government in the Asia-Pacific region, scoring 81.97 out of 100 points in the government AI readiness index. In contrast, North Korea had a government AI readiness index score of 9.2 in the same year, indicating a lower level of readiness for the implementation of AI in its public functions.
In 2023, among the different categories measuring the business artificial intelligence readiness in Singapore, venture capital availability and valuation scored the highest with an index score of 9.3 out of ten. This index measures the size, value, and dynamics of venture capital. In the global artificial intelligence readiness index, business readiness scored 53.6 out of a hundred in the country.
According to the government artificial intelligence (AI) readiness index rankings, the United Kingdom (UK) is the highest ranked Western European country in 2022, with an index score of 78.57. This means that the UK is considered the best-situated country in Western Europe to implement AI within public services, from healthcare to education to transportation. Other noteworthy countries with high indexes were Finland, France, and Germany coming in at second, third, and fourth respectively.
According to the Latin American artificial intelligence (AI) index ranking, Chile was the highest ranked Latin American country in 2023, with an index score of 73.21. This means that Chile is considered the best-situated country in terms of AI infrastructure, talent, research, development, and adoption, as well as governance. Other noteworthy countries with high indexes were Brazil and Uruguay, with AI index scores of 65.31 and just under 55, respectively.
Among the largest banks in the Americas and in Europe, Capital One had the highest artificial intelligence (AI) readiness index in 2023, according to a ranking based on patent applications, partnership and licensing agreements, dealmaking activity, acquisitions, key people, product launches, and earnings transcripts. Capital One received a score of 90.91, which was followed by Capital One's 89.48. Royal Bank of Canada ranked third, with an overall score of 73.66.
Between 2016 and 2021, the top-funded artificial intelligence (AI) startup company in the United States was that of the New York company UiPath, with almost two billion U.S. dollars in total equity funding. Other noteworthy U.S. AI startups were that of Nuro, Indigo Ag, and Tempus. These were all startups with over one billion U.S. dollars in equity funding. Many of these startups are robotic process automation (RPA) companies that are situated in a growing market.
AI funding
The North American artificial intelligence market, anticipated to be valued at 20 billion U.S. dollars, continues to grow driven by the influx of investments it receives. Over the past decade or so, the global funding of artificial intelligence startups has grown dramatically, with the United States contributing a significant portion of the overall AI funding each quarter. Another noteworthy country for private investments in AI is China.
AI in China and the U.S.
China, similar to the U.S., is a country at the forefront of artificial intelligence. Of the two most valued AI unicorn companies in the world, ByteDance and UiPath, China and the U.S. maintain the headquarter locations of each of the startup. ByteDance, a Chinese artificial intelligence (AI) company that created the AI and machine learning algorithms for TikTok (known as Douyin in China), is the largest AI unicorn startup in the world, with a valuation of approximately 140 billion U.S. dollars. It is worth noting that although the U.S. is considered the highest-ranked government on the worldwide index for AI readiness, China may be more advanced than the U.S. in terms of AI implementation in the public sector, as it has made implementing AI capabilities to public services a top government priority.
According to the government artificial intelligence (AI) readiness index rankings, the United States (U.S.) is the highest-ranked country on the worldwide index in 2024, with an index score of 87.03. This means that the U.S. is considered the country best situated in the world to implement AI within public services, from healthcare to education to transportation. Other noteworthy countries with high indexes were Singapore, the Republic of Korea, and France coming in at second, third, and fourth respectively. China ranks 20th on the index as it only measures AI readiness instead of AI implementation. Compared to many other countries that may score more highly for AI readiness, China is advanced in implementing AI capabilities to public services as it has made this a top government priority.