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www.fastcompany.com · Sep 29

How the AI boom is redefining the global business map

The battle for global business and investment is entering a new arena. For decades, countries competed for multinationals with a familiar formula: lower taxes, skilled workers, predictable regulation, good infrastructure, and access to global markets. Companies shifted talent and capital accordingly. The model helped Singapore become a regional base for multinationals, helped Switzerland attract global headquarters and high-value corporate activity, and helped turn Dubai into a magnet for international talent and regional business. AI is adding a new layer to that contest. Access to advanced models is largely global, for now. A team in Singapore can often use the same model as a team in California. But deployment is local. A bank using artificial intelligence to make credit decisions needs clear audit trails, robust security, and certainty over where sensitive data resides. Increasingly, where AI can be deployed depends on four things: compute infrastructure, data sovereignty, AI governance, and continued access to frontier models. That is starting to redraw the map of global business. Governments are competing to attract not only companies and talent, but the AI capabilities that…

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