Japan Turns the Spotlight on AI: Seventeen Fields Identified for Key Investment

The Japanese government has recognized 17 sectors, including artificial intelligence (AI), as key areas for strategic investment. This move comes amid the country's increasing focus on technology to boost its economy and international competitiveness. The policy is expected to steer significant financial support towards cutting-edge tech development in Japan over the following years, influencing various industries like healthcare, automotive, and finance. Dates and specific figures have not been confirmed yet.

Japan, often perceived as a high-tech society, has faced difficulties in keeping up with global trends like AI, machine learning, and digital transformation due to several factors such as restrictive regulations and a lack of digital literacy. Therefore, this news of government prioritizing tech sectors is a beacon of hope for Japanese industries, academia, and the general public. It demonstrates the nation's commitment to technological progress and fostering innovation.

In the US and EU, strategic investment in tech sectors including AI is commonplace. Companies both big and small regularly receive government grants and tax incentives to innovate and develop tech sectors for the society's betterment. Japan's approach aligns with this trend, emphasizing national strategy to stimulate the country's tech industry and economic growth.

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Those interested in investing in Japan's tech sector or collaborating with Japanese tech companies can visit JETRO (Japan External Trade Organization) website, a government-related organization promoting mutual trade and investment between Japan and the rest of the world.