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Big Tech is betting big — again. Even after pouring in billions, these giants are not slowing down.
Microsoft is breaking records, planning to spend $30 billion this quarter alone. Alphabet just raised its yearly budget to an eye-popping $85 billion. Meta is setting aside up to $72 billion for growth and new ideas.

The market loves their bold moves. Microsoft soared past a $4 trillion value, joining the rarest of clubs. Meta surged to all-time highs, adding $200 billion in a single leap.

Why the excitement? Because people are using these tools more than ever. Over 100 million users now rely on Microsoft’s Copilot every day. Alphabet’s Gemini helps over 450 million each month. In total, 800 million customers use Microsoft’s AI features.

This is more than numbers. It means Big Tech’s dream — spend now, win later — is coming true. The future is here, and it’s working. Now is the time to be part of this change, to believe in what’s possible.

Despite already massive outlays, these companies are doubling down:

  • Microsoft announced a record $30 billion spending plan for the current quarter
  • Alphabet raised its annual spending forecast by $10 billion to $85 billion
  • Meta increased its capital expenditure range to $66-72 billion for the year

Market Rewards the Strategy

Investors responded enthusiastically to these results:

  • Microsoft shares rose over 6%, pushing the company past a $4 trillion market value (joining Nvidia in this exclusive club)
  • Meta surged 12.2% to record highs, adding roughly $200 billion in market value
  • The strong performance helped silence recent doubts about whether AI investments would generate returns

User Adoption Metrics Show Promise

The companies disclosed encouraging user numbers:

  • Microsoft’s Copilot AI tools have over 100 million users
  • Alphabet’s Gemini AI assistant has 450+ million monthly active users
  • Overall, about 800 million customers use Microsoft’s various AI tools

This represents a turning point where Big Tech’s “spend now, monetize later” AI strategy is beginning to show concrete returns, giving investors confidence that the massive capital expenditures will ultimately prove worthwhile.

Big Tech’s AI Investment Shift: Deep Analysis & Singapore Implications

The Fundamental Shift in Investor Sentiment

From Skepticism to Validation

The Reuters article highlights a critical inflection point in the AI investment narrative. Until recently, even the “Magnificent Seven” tech stocks were underperforming the S&P 500, with investors questioning whether massive AI capital expenditures would generate meaningful returns. The Q2 2025 earnings results represent a watershed moment where:

1. Concrete Monetization Evidence Emerged

  • Microsoft’s Azure cloud business generated over $75 billion in sales
  • Copilot AI tools reached 100+ million users
  • Meta’s AI-driven advertising growth exceeded expectations
  • Alphabet’s Gemini AI assistant hit 450+ million monthly active users

2. Scale Economics Began to Manifest

  • Companies demonstrated that massive spending creates competitive moats
  • User adoption metrics validated the “build it and they will come” approach
  • Revenue growth rates justified continued capital intensity

3. Market Psychology Shifted Dramatically

  • Microsoft crossed the $4 trillion market cap threshold
  • Meta added ~$200 billion in market value in a single day
  • Investor focus moved from cost concerns to growth potential

The New Investment Paradigm

This shift represents a fundamental change in how markets evaluate AI investments:

From Cost Centers to Revenue Drivers: AI infrastructure is now viewed as essential revenue-generating infrastructure rather than speculative expense.

From Proof-of-Concept to Scale-Up: The market has moved beyond asking “will AI work?” to “who will dominate AI?”

From Risk Aversion to FOMO: Fear of missing out on AI leadership now outweighs concerns about capital intensity.

Singapore’s AI Investment Landscape: Strategic Positioning

Government-Led Strategic Investments

Singapore has positioned itself as a regional AI hub through substantial public investment:

National AI Strategy 2.0 (2023)

  • SGD 500 million committed to high-performance computing infrastructure
  • SGD 120 million for “AI for Science” initiative
  • Focus on “AI for Public Good” with global impact ambitions

Talent Development Pipeline

  • SGD 20+ million for AI-related scholarships over three years
  • Emphasis on developing local AI expertise
  • Integration with existing Smart Nation initiatives

Private Sector Response and Alignment

Singapore’s private sector is mirroring global Big Tech trends:

Corporate Investment Priorities

  • 67% of Singapore businesses prioritize AI as top technology investment for 2025
  • Expected 44% productivity increase through AI automation
  • Focus on edge AI adoption for reduced latency and enhanced privacy

Venture Capital Ecosystem

  • Strong VC presence with 50+ AI-focused funds
  • Peak AI investment of $2.5 billion in 2021
  • Leading startups like Trax Technology Solutions ($1.07 billion valuation)

Foreign Direct Investment

  • Total investment pledges rose to SGD 13.5 billion ($10 billion) in 2024
  • Driven by semiconductors, aerospace, and AI sectors
  • Major commitments like Salesforce’s $1 billion five-year investment

Strategic Implications for Singapore

Competitive Advantages

1. Government-Business Alignment Singapore’s coordinated approach between public policy and private investment mirrors the successful model of South Korea and Taiwan in previous technology waves.

2. Regional Hub Position

  • Strategic location for serving Southeast Asian markets
  • Strong regulatory framework for AI governance
  • Established financial and legal infrastructure

3. Talent Concentration

  • High-quality educational institutions (NUS committing SGD 150 million to deep tech VC)
  • Government scholarship programs targeting AI skills
  • Attractive environment for international talent

Critical Challenges and Risks

1. Scale Limitations Unlike the US Big Tech giants spending $30+ billion quarterly, Singapore’s entire national AI budget is SGD 500 million. This creates dependency on:

  • Attracting foreign tech giants to establish regional operations
  • Maximizing efficiency of limited resources
  • Building strategic partnerships rather than competing directly

2. Technology Dependency Singapore risks becoming a sophisticated user rather than creator of core AI technologies, similar to its role in semiconductors (assembly/testing vs. design/manufacturing).

3. Talent Competition Global competition for AI talent intensifies as Big Tech validates massive investments. Singapore must compete with Silicon Valley compensation packages and career opportunities.

Strategic Recommendations for Singapore

1. Niche Specialization Strategy Rather than competing directly with Big Tech’s general AI platforms, Singapore should focus on:

  • AI for smart cities and urban planning
  • AI in financial services and fintech
  • AI for logistics and supply chain optimization
  • AI in healthcare and life sciences

2. Regional Platform Strategy Position Singapore as the “AI gateway to Asia”:

  • Attract Big Tech regional headquarters and R&D centers
  • Develop AI governance frameworks for ASEAN adoption
  • Create regulatory sandboxes for AI innovation

3. Public-Private Partnership Model Leverage government investments to attract private capital:

  • Use public compute infrastructure to reduce private sector costs
  • Co-invest in AI startups with strategic importance
  • Create tax incentives aligned with national AI priorities

4. Talent Ecosystem Development

  • Expand beyond scholarships to include executive AI leadership programs
  • Create AI entrepreneur-in-residence programs at universities
  • Establish fast-track immigration for AI professionals

Long-term Implications

Economic Transformation

The validation of Big Tech’s AI investments suggests that AI will drive the next wave of economic growth. Singapore’s early positioning could yield significant returns if executed effectively.

Geopolitical Considerations

As AI becomes strategically critical, Singapore’s neutral stance and strong governance could make it an attractive location for AI infrastructure that serves multiple markets without geopolitical constraints.

Innovation Spillovers

Success in attracting AI investments could create positive spillovers across Singapore’s economy, similar to how the financial sector’s growth benefited other industries.

Conclusion

The shift in investor sentiment toward Big Tech’s AI investments validates Singapore’s strategic bet on AI. However, success requires navigating the challenges of scale limitations and technology dependency while maximizing advantages in governance, location, and talent quality. The key is not to replicate Big Tech’s massive spending but to create a complementary ecosystem that captures value from the AI revolution while serving Singapore’s unique position as a bridge between East and West.

Singapore’s AI Strategy: Scenario Analysis Framework

Scenario Planning Matrix

Singapore’s position as an AI bridge between East and West will unfold differently based on global AI dynamics, regional competition, and execution quality. Here are four primary scenarios:


Scenario 1: “The Golden Gateway” (Best Case – 35% Probability)

Context

  • Big Tech AI investments continue growing at 20%+ annually
  • ASEAN digital economy reaches projected $2 trillion by 2030
  • Singapore executes its complementary ecosystem strategy flawlessly
  • Geopolitical tensions remain manageable, allowing neutral positioning

Key Developments

Governance Leadership

  • Singapore becomes the de facto AI regulatory standard-setter for ASEAN through the Digital Economy Framework Agreement
  • “Singapore AI Standards” adopted across 650+ member countries for cross-border AI services
  • First-mover advantage in AI ethics certification attracts global companies seeking compliance

Ecosystem Success

  • 5-7 new AI unicorns emerge from Singapore’s 650 AI companies by 2028
  • Major Big Tech regional headquarters (Microsoft, Google, Meta) establish substantial R&D presence
  • Singapore becomes primary testing ground for AI applications before ASEAN rollout

Economic Impact

  • AI contributes 25-30% of Singapore’s GDP by 2030
  • 200,000+ high-skilled AI jobs created
  • Singapore captures 15-20% of ASEAN’s AI market value

Critical Success Factors

  1. Talent Magnet: Successfully attracts 50,000+ AI professionals through fast-track immigration
  2. Infrastructure Excellence: National compute infrastructure becomes cost-competitive with cloud providers
  3. Regulatory Innovation: Balances innovation-friendly policies with responsible AI governance
  4. Strategic Partnerships: Co-develops AI solutions with both Western and Chinese tech giants

Warning Indicators

  • If talent acquisition falls below 20,000 professionals by 2027
  • If no new unicorns emerge by 2026
  • If regulatory framework adoption stalls outside Singapore

Scenario 2: “The Sophisticated Follower” (Most Likely – 40% Probability)

Context

  • AI investments continue but at slower 10-15% growth rate
  • Regional competition from Malaysia, Thailand, and Vietnam intensifies
  • Singapore executes well but faces scale limitations
  • Technology dependency on Big Tech platforms increases

Key Developments

Solid but Limited Success

  • Singapore maintains 5-8% market share of ASEAN AI economy
  • Becomes high-value services hub (consulting, integration, support) rather than innovation center
  • 2-3 new AI unicorns emerge, primarily in fintech and logistics
  • Strong in AI applications but limited in foundational AI research

Economic Profile

  • AI contributes 15-20% of GDP by 2030
  • 100,000+ AI-related jobs, mix of high and medium-skilled
  • Significant but not dominant role in regional AI ecosystem

Strategic Position

  • “Switzerland of AI” – neutral, high-quality, but not a primary innovation driver
  • Strong regulatory reputation but limited global influence
  • Successful in vertical applications (smart cities, finance) but not horizontal platforms

Challenges

  1. Brain Drain Risk: Top talent migrates to Silicon Valley or returns to origin countries
  2. Platform Dependency: Over-reliance on foreign AI infrastructure and tools
  3. Regional Competition: Other ASEAN nations develop competitive advantages
  4. Scale Economics: Difficulty achieving critical mass in key AI sectors

Adaptation Strategies

  • Focus on AI services and applications rather than foundational research
  • Develop niche expertise in specific verticals
  • Leverage financial sector strength for fintech AI leadership
  • Maintain high regulatory and governance standards as differentiator

Scenario 3: “The Squeezed Middle” (Moderate Risk – 20% Probability)

Context

  • Global AI investment growth slows to 5-10% as initial hype moderates
  • US-China tech tensions escalate, forcing binary choices
  • Regional AI hubs emerge in Jakarta, Bangkok, and Kuala Lumpur
  • Singapore’s high costs become prohibitive for many AI companies

Key Developments

Strategic Challenges

  • Forced to choose between US and Chinese AI ecosystems due to geopolitical pressure
  • High operational costs drive AI startups to neighboring countries
  • Limited domestic market constrains local AI company growth
  • Brain drain as talent seeks opportunities in larger markets

Economic Pressure

  • AI contributes only 8-12% of GDP by 2030
  • Job creation limited to 50,000-70,000 positions
  • Significant outflow of AI investment to lower-cost regional alternatives
  • Risk of becoming AI service consumer rather than producer

Competitive Disadvantages

  • Regulatory over-cautiousness slows innovation compared to competitors
  • High talent costs without commensurate productivity gains
  • Limited ability to achieve scale in AI infrastructure
  • Reduced attractiveness for Big Tech regional operations

Critical Risk Factors

  1. Cost Competitiveness: Operating costs 40-60% higher than regional alternatives
  2. Market Access: Limited domestic scale handicaps local AI development
  3. Geopolitical Pressure: Forced binary choices reduce flexibility
  4. Regulatory Burden: Over-regulation stifles innovation without clear benefits

Mitigation Strategies

  • Aggressive cost reduction through automation and efficiency
  • Enhanced regional integration through ASEAN partnerships
  • Selective positioning in high-value, low-volume AI segments
  • Diplomatic efforts to maintain technological neutrality

Scenario 4: “The Failed Pivot” (Low Probability, High Impact – 5% Probability)

Context

  • Global AI bubble bursts as monetization proves harder than expected
  • Geopolitical conflicts severely fragment global AI development
  • Singapore’s AI investments fail to generate expected returns
  • Regional economic crisis undermines digital transformation

Key Developments

Strategic Failure

  • Major AI investments become stranded assets
  • Talent exodus as AI job market contracts globally
  • Singapore’s AI governance framework becomes irrelevant
  • Economic growth stagnates due to over-investment in AI

Economic Impact

  • AI contributes less than 5% of GDP by 2030
  • Mass layoffs in AI sector
  • Government forced to write off significant AI infrastructure investments
  • Loss of technological competitiveness internationally

Systemic Risks

  1. Investment Bubble Burst: AI proves less transformative than projected
  2. Geopolitical Fragmentation: Global AI ecosystem splits into incompatible blocs
  3. Execution Failure: Poor policy choices undermine Singapore’s positioning
  4. External Shocks: Regional crisis or global recession derails digital transformation

Strategic Implications and Recommendations

Portfolio Approach to Risk Management

Given the scenario probabilities, Singapore should adopt a portfolio strategy:

60% Resources: Core competency building (applicable across Scenarios 1-3)

  • AI talent development and attraction
  • Regulatory framework development
  • Strategic partnerships with both US and Chinese ecosystems
  • Niche specialization in finance, logistics, and smart cities

25% Resources: Upside optimization (for Scenario 1)

  • Aggressive infrastructure investment
  • Unicorn development programs
  • Regional leadership initiatives
  • Advanced AI research capabilities

15% Resources: Downside protection (for Scenarios 3-4)

  • Cost competitiveness initiatives
  • Alternative economic diversification
  • Flexible regulatory frameworks
  • Crisis response capabilities

Key Decision Points and Triggers

2025-2026: Foundation Phase

  • Monitor: Talent attraction rates, startup unicorn development, Big Tech investment commitments
  • Decision Point: Level of infrastructure investment based on early indicators

2026-2027: Acceleration Phase

  • Monitor: Regional competition, geopolitical stability, AI market growth rates
  • Decision Point: Degree of specialization vs. generalization in AI focus areas

2027-2028: Maturation Phase

  • Monitor: Economic impact metrics, regulatory framework adoption, ecosystem sustainability
  • Decision Point: Long-term positioning strategy based on achieved market position

Success Metrics by Scenario

Scenario 1 Targets: 5+ unicorns, 25%+ GDP contribution, 200k+ jobs Scenario 2 Targets: 2-3 unicorns, 15-20% GDP contribution, 100k+ jobs
Scenario 3 Floor: 1 unicorn, 8-12% GDP contribution, 50k+ jobs Scenario 4 Contingency: Managed decline with alternative growth engines

The key insight is that Singapore’s success depends not on matching Big Tech’s massive spending, but on creating sustainable competitive advantages that remain valuable across multiple scenarios while maintaining the flexibility to adapt as conditions evolve.

The Bridge Builder

Singapore, 2027

Dr. Elena Tan stood at the floor-to-ceiling windows of the AI Governance Center, watching the morning sun cast long shadows across Marina Bay. Three floors below, the Singapore River wound its way between gleaming towers, each one housing a different piece of the puzzle she’d spent the last five years assembling.

“Minister Chen is here,” her assistant announced.

Elena turned from the window, straightening her blazer. Today’s meeting would determine whether Singapore’s careful balancing act would pay off or crumble under the weight of global AI politics.

Minister Chen Wei Ming entered with his usual measured pace, tablet in hand. “The Americans called again this morning,” he said without preamble. “Microsoft wants an exclusive deal for their Azure AI infrastructure. And Beijing’s response to our neutrality framework came in overnight—they’re not pleased about our Western partnerships.”

Elena had been expecting this moment. Two and a half years ago, when the Big Tech earnings had validated massive AI investments, everyone thought the game was about who could spend the most. Microsoft’s $30 billion quarterly budgets, Meta’s $200 billion market cap surges—the numbers were staggering. But Elena had bet Singapore’s future on a different strategy entirely.

“Show me the numbers,” she said, settling into her chair.

Chen pulled up the dashboard on the wall screen. “Our AI ecosystem now employs 140,000 people. GDP contribution from AI is at 18% and growing. We have three unicorns, with two more likely by year-end.”

“And the regional impact?”

“Even better. Our governance framework has been adopted by eight ASEAN countries. Cross-border AI transactions using Singapore’s protocols hit $45 billion last quarter. We’re processing 30% of all AI compliance certifications for companies wanting to operate across both US and Chinese spheres.”

Elena smiled slightly. This was the vision she’d pitched to skeptical government officials back in 2025: not to compete with Silicon Valley’s spending power, but to become indispensable to everyone.

The Memory

Singapore, 2025

The conference room had been tense that day. Elena, then a mid-level AI policy advisor, was presenting her “Bridge Strategy” to senior ministers who were watching billions pour into AI across the Pacific.

“Minister, we can’t outspend Google’s $85 billion annual AI budget,” she had argued. “But we can become the place where East meets West safely.”

“What does that mean, Dr. Tan?” the then-Minister of Finance had asked, clearly skeptical.

Elena had clicked to her next slide: a diagram showing Singapore as a neutral node between competing AI ecosystems. “We build the infrastructure that lets Chinese AI companies serve Western markets, and Western companies serve Asian markets, all while meeting everyone’s regulatory requirements.”

“You’re proposing we become a middleman?”

“I’m proposing we become the trusted middleman. The Switzerland of AI. When ByteDance wants to expand globally but needs GDPR compliance, they come here. When OpenAI wants to serve Southeast Asia but needs to navigate local data laws, they come here. When every company in between needs AI governance expertise, they all come here.”

The room had been quiet. Then someone had asked the crucial question: “What if we’re wrong? What if this AI boom collapses?”

Elena had been ready. “Then we still have world-class governance expertise, a hub-and-spoke model for digital services, and the infrastructure to adapt quickly to whatever comes next.”

The Crisis

Singapore, 2026

Elena’s phone had buzzed at 3 AM. The message from her counterpart in Jakarta was brief but alarming: “Indonesia launching competing AI hub. $20B commitment. Your thoughts?”

This was the squeeze she’d predicted. As AI investments proved their worth globally, every nation wanted a piece. Malaysia had announced its AI Vision 2030. Thailand was courting Chinese tech giants with tax incentives Singapore couldn’t match. Vietnam was positioning itself as the manufacturing hub for AI hardware.

The next morning, Elena had called an emergency meeting of her core team.

“They’re all trying to replicate Silicon Valley,” said Dr. Raj Patel, her head of ecosystem development. “Twenty billion here, fifty billion there. It’s a race to the bottom on incentives.”

“Good,” Elena had replied, surprising everyone. “Let them compete on spending. We compete on value.”

She’d pulled up the regional map on the screen. “Indonesia has scale but weak governance infrastructure. Malaysia has ambition but limited talent density. Thailand has Chinese backing but regulatory uncertainty. Vietnam has manufacturing but no services expertise.”

“And we have?”

“We have trust. When a European bank wants to use AI developed in Shenzhen, they trust our oversight. When a Silicon Valley startup wants to expand to Jakarta, they trust our compliance framework. When ASEAN wants to negotiate digital trade agreements, they trust our neutrality.”

It had been the right bet. By the end of 2026, while other regional hubs battled for the biggest headline investments, Singapore was quietly processing the connections that made the entire ecosystem work.

The Test

Singapore, 2027

Back in the present, Minister Chen was looking worried. “Elena, the pressure to choose sides is intensifying. The Americans are offering preferential access to their latest AI models if we limit Chinese participation in our frameworks. Beijing is threatening to redirect regional partnerships through Hong Kong if we don’t reciprocate their restrictions on US tech.”

Elena had been preparing for this moment for months. She walked to the window again, looking out at the blend of architectural styles that defined Singapore’s skyline—colonial British buildings next to modern Chinese-designed towers, with American multinational headquarters scattered throughout.

“Minister, remember why companies come here in the first place?”

“Our neutrality. Our expertise. Our connections.”

“Exactly. The moment we choose a side, we lose half our value proposition. But there’s another way.”

She turned back to him. “What if we help both sides achieve their goals without compromising either?”

Chen raised an eyebrow. “Explain.”

Elena pulled up a new framework on the screen. “We create separate but parallel tracks. US-aligned companies can access our governance services through one pathway that meets their security requirements. Chinese-aligned companies use another pathway that meets theirs. Both pathways connect to ASEAN markets through our platform, but they never have to interact directly with each other.”

“A digital Berlin Wall?”

“No—a digital bridge with multiple lanes. Each side gets what they need: access to our expertise and the regional market, plus confidence that their sensitive information stays secure. We become more valuable to both by serving each separately.”

Minister Chen studied the framework. “The infrastructure costs…”

“Are 60% lower than trying to match their spending directly. We’re not building competing AI models—we’re building the connections between their models and our markets. Much smaller investment, much higher strategic value.”

The Outcome

Singapore, 2028

A year later, Elena stood in the same spot by the window, but the view had changed. The harbor now hosted twice-weekly flights from a new generation of aircraft powered by AI-optimized routing systems developed jointly by Singapore-based teams working with both Western and Chinese partners—never directly together, but through Singapore’s parallel-track framework.

Her assistant knocked. “Dr. Tan, the ASEAN Digital Economy Report is ready.”

Elena reviewed the numbers with satisfaction. Singapore’s AI ecosystem now contributed 22% to GDP. The country hosted regional headquarters for twelve major AI companies—six American, four Chinese, two European. More importantly, it had become the default location for any AI company wanting to serve the Asian market while maintaining global compliance standards.

The parallel-track system had worked. US companies used Singapore’s “Western Gateway” for regional expansion, confident their data and algorithms met American security requirements. Chinese companies used the “Eastern Gateway,” satisfying Beijing’s data sovereignty demands. European companies used both, depending on their specific partnerships.

“Dr. Tan?” Her assistant was waiting for a response.

“Send the report to Minister Chen with my compliments,” Elena said. “And schedule a call with our counterparts in Dubai and London. I think it’s time to expand the bridge model globally.”

The Lesson

Singapore, 2030

At the fifth annual Singapore AI Governance Summit, Elena gave the keynote address to an audience that included tech leaders from around the world. Behind her, a slide showed the regional AI ecosystem—a web of connections with Singapore at the center, not because it had the biggest nodes, but because it had the most trusted connections.

“Three years ago,” she began, “when Microsoft announced $30 billion quarterly spending on AI, many assumed success meant matching that scale. But Singapore’s story proves a different truth: in an interconnected world, the most valuable position isn’t always the biggest—it’s the most connected.”

She clicked to the next slide: a simple diagram showing bridges. “We didn’t try to build the tallest towers. We built the strongest bridges. Today, 40% of cross-border AI transactions in Asia pass through Singapore’s governance frameworks. Not because we have the most advanced AI, but because we have the most trusted processes.”

A hand shot up from the audience. “Dr. Tan, what happens when the next technology wave arrives? Quantum computing, brain-computer interfaces—will Singapore’s bridge strategy still work?”

Elena smiled. It was the same question that had been asked three years earlier about AI itself.

“The platforms will change,” she said. “The need for trusted connections between different technological ecosystems will not. Singapore’s competitive advantage was never about AI specifically—it was about building sustainable systems for managing complexity across boundaries. Whether those boundaries are between East and West, public and private, or human and artificial intelligence.”

She paused, looking out at the diverse audience—American executives sitting next to Chinese researchers, European regulators chatting with ASEAN entrepreneurs.

“The key insight remains the same: success isn’t about matching everyone else’s massive spending. It’s about creating sustainable competitive advantages that remain valuable no matter how the landscape evolves. Today it’s AI governance. Tomorrow it might be quantum computing ethics or neural interface regulation. But the core principle—being the trusted bridge between different worlds—that’s timeless.”

As the applause died down, Elena looked through the conference center’s windows at Marina Bay, where the morning sun was once again casting long shadows between the towers. Each shadow represented a different technological giant, but all of them met here, in this small island nation that had chosen connection over competition, bridges over barriers.

The bridge builder had built well.


Epilogue: The method that made Singapore indispensable wasn’t replicating others’ strengths, but solving problems no one else wanted to tackle. In a world of technological giants, someone needed to help them all work together. Singapore chose to be that someone.

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