Artificial intelligence is rapidly reshaping Philippine retail, but technology alone will not determine which businesses succeed, according to venture capital firm Kickstart Ventures, which says disciplined execution and sound business fundamentals remain the strongest drivers of sustainable growth.
The Private Sector Advisory Council (PSAC) is urging the government to fast-track the country's artificial intelligence agenda, proposing a national task force and education reforms designed to equip Filipino workers for an economy increasingly shaped by AI and advanced technologies.
The Department of Information and Communications Technology (DICT) is asking Congress for an P18-billion budget for 2027 to boost the country’s digital services and infrastructure.
Artificial intelligence is projected to unlock US$50.7 billion in economic value for Philippine businesses by 2030, driving growth and competitiveness. While most firms have started using AI, 65 percent remain stuck in pilot stages due to gaps in infrastructure, system integration, and skilled talent.