Industry Dynamics
The Role of Artificial Intelligence in Social Resilience: A Singapore Case Study
Paper Presentation in a Themed Session
Karryl Kim Sagun Trajano
While artificial intelligence (AI) is often vilified as a threat to human jobs, Singapore has endeavored to leverage the technology in enhancing social resilience among its citizens. Acknowledging AI's role in the future economy, it remains a key pillar in Singapore's digitalization efforts. However, the impact of AI on resilience in Singapore remains unclear. To explore experiences of Singaporeans utilizing AI for resilience (with implications on social resilience) we focus on multi-stakeholder expert opinion on the SkillsFuture Singapore (SSG) scheme. SSG is a government-led and funded initiative for up- and re-skilling, introduced to protect workers and aid in their resilience through the evolving job landscape. The findings address: (1) perceptions of AI's role in resilience, (2) effects of public AI upskilling on social resilience, and (3) AI qualifications enhancing resilience despite displacement concerns. Our results provide valuable insights into how a small state like Singapore can exemplify citizen resilience amid emerging critical technologies.
Applying Fuzzy Multicriteria Decision Making Method in the Evolving Global Fishing Industry: Growth, Sustainability, and Emerging Trends View Digital Media
Paper Presentation in a Themed Session
Ta Chung Chu,
Thi Bao Tram Nguyen
The fishing industry plays a crucial role in global food security, economic growth, and cultural traditions. Catches come from rivers, lakes, and seas, with techniques ranging from fly-fishing and baitcasting to trolling and net fishing. Seafood is sold through various channels, both online and offline, to individuals, clubs, and sports groups. The industry has experienced significant growth, with a compound annual growth rate (CAGR) of 7.0%, rising from $656.96 billion in 2023 to $703.06 billion in 2024. It is projected to reach $916.5 billion by 2028 at a CAGR of 6.9%. Key drivers include rising seafood demand, economic reliance, tourism, government regulations, and recreational fishing. Sustainability concerns, climate change effects, eco-certifications, and ethical sourcing further influence industry dynamics. Decision-making in this complex and evolving sector requires systematic evaluation. Fuzzy Multi-Criteria Decision-Making (Fuzzy MCDM) offers a robust approach for assessing various economic, environmental, and social factors under uncertainty. By applying Fuzzy MCDM, stakeholders can optimize resource allocation, prioritize sustainability initiatives, and balance profitability with conservation and regulatory compliance. The industry’s future is shaped by emerging trends such as fishing tourism, smart fishing technologies, personalized gear, and social media influence. Major industry players include Daiwa Corporation, Johnson Outdoors Inc., Pure Fishing Inc., Maruha Nichiro Corporation, Nissui Corporation, and Thai Union Group Public Company Limited. As the market evolves, integrating Fuzzy MCDM can enhance strategic planning, promote sustainability, and drive long-term growth.
