That cost advantage is proving transformative for Asia Pacific, which is dominated by small and medium enterprises (SMEs) that lack the budget for expensive proprietary systems.
Economies from Japan to Vietnam stand to gain hundreds of billions of dollars in productivity through artificial intelligence (AI) by 2040. Open-source models may be key to ensuring smaller nations keep pace, according to a joint study by the Linux Foundation and Meta titled The Value of Open Source AI for APEC Economies.
The report examines 11 Asia Pacific Economic Cooperation (APEC) economies and reveals that 89% of organisations are already using open source in their AI strategies, primarily for its cost savings potential. Besides lower software ownership costs, they cite reduced vendor lock-in and improved productivity as key benefits.
