00:00AI is, of course, a new challenge.
00:03We don't have the expertise, know-how.
00:07So we are fortunate because of the stability,
00:12political stability, and a clear policy prescriptions
00:18in economic madani.
00:20We then encourage and provide enough incentives
00:24for all the big players out there,
00:25mainly cumulatively United States and Europe,
00:29including Infineon, which is a very huge investment
00:34in that area.
00:35Then China coming in.
00:37We have to navigate.
00:38And the national AI office, legislation, data protection,
00:46and whatever it takes to make sure
00:48that we are fully equipped.
00:51But AI means changing the education system, health
00:54services, blockchain.
00:57So it will have to come about.
00:59And we are pushing it at a pace, at a faster pace.
01:03Do you want to become a group similar to the European Union
01:09with a common currency, with an internal market?
01:15Could you enlighten us how you would see ASEAN
01:21in 20 years from now?
01:24The ASEAN leaders are here, so I've got to be careful.
01:28But what consensus have we reached?
01:32We have been successful in the past
01:35on geopolitical diplomatic.
01:38But we realize, in my exchanges with all prime ministers
01:41and presidents of ASEAN, look, we have to enhance,
01:45or as the Americans say, enhance,
01:50the pronunciation is an issue, intra-ASEAN trade.
01:55And work together to complement one another.
01:59So there is comparative advantage.
02:01So the economic fundamentals in terms of trade, investment,
02:06to me is important.
02:07And the way we negotiate with other countries' origins.
02:12But whether we want to then emerge to become like EU
02:16is something that we have not explored.
02:19Our advantage is to study EU, the successes
02:24and the limitations.
02:25And we are not too concerned about the political setup.
02:29We are more concerned about the economic collaboration.
02:31From my understanding, talking to, you know,
02:34Mambo Makos, to Prabowo, to Phuket, or to Thailand,
02:38and my other neighbors, Lawrence,
02:42Tuan Sultan Brunei, who is most senior,
02:45the more our main interest is to focus
02:48on the economic fundamentals.
02:50Whatever it takes, digitalization, AI,
02:54and energy transition, investment, trade,
02:58I mean, that has been the focus.
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