{"id":636599,"date":"2026-10-20T19:46:30","date_gmt":"2026-10-20T19:46:30","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/636599\/"},"modified":"2026-10-20T19:46:30","modified_gmt":"2026-10-20T19:46:30","slug":"asias-ai-boom-is-benefiting-business-owners-not-consumers-economists-say","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/636599\/","title":{"rendered":"Asia&#8217;s AI boom is benefiting business owners, not consumers, economists say"},"content":{"rendered":"<p><a class=\"ArticleTag_articleTag__P1Zo7\" href=\"https:\/\/asia.nikkei.com\/business\/consumer\" data-trackable=\"primary-tag\" data-dark-mode=\"false\" rel=\"nofollow noopener\" target=\"_blank\">Consumer<\/a><\/p>\n<p class=\"NewsArticleHeader_newsArticleHeaderSubtitle__ZlvPp\" data-trackable=\"subhead\" data-dark-mode=\"false\">The sector&#8217;s wealth creation is being &#8216;concentrated&#8217;<\/p>\n<p><img decoding=\"async\" class=\"image-main img-fluid ImageNew_imageNewImageResponsive__f1VTu\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/10\/https:\/\/cms-image-bucket-productionv3-ap-northeast-1-a7d2.s3.ap-northeast-1.amazonaws.com\/images\/0\/5.jpeg\" alt=\"20261020 The economic outlook Right Angle\" width=\"780\" height=\"auto\" loading=\"eager\"\/><\/p>\n<p class=\"NewsArticleCaption_newsArticleCaption__fxo8v\" data-trackable=\"caption\" data-dark-mode=\"false\" style=\"display:block\">Pipat Luengnaruemitchai (left), managing director and chief economist at the Kiatnakin Phatra Financial Group;\u00a0Louise Loo, chief Asia economist at Oxford Economics; and Dan Wang, China director of Eurasia Group, speak during a panel discussion at the\u00a0Business of Luxury Summit in Bangkok on Oct. 20. (Photo by Ken Kobayashi)<\/p>\n<p>APORNRATH PHOONPHONGPHIPHAT<\/p>\n<p>October 20, 2026 17:42 JST<\/p>\n<p data-dark-mode=\"false\" class=\"Paragraph_paragraph__2p1wC\">BANGKOK &#8212; The ongoing artificial intelligence investment boom in Asia is lifting exports and economic growth, but the benefits are not filtering down to consumers, economists said at a luxury business conference on Tuesday.<\/p>\n","protected":false},"excerpt":{"rendered":"Consumer The sector&#8217;s wealth creation is being &#8216;concentrated&#8217; Pipat Luengnaruemitchai (left), managing director and chief economist at the&hellip;\n","protected":false},"author":2,"featured_media":636600,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[365,56020,33859,16424,138,23852,13488,219,185,111,139,5006,69,9769,5659],"class_list":["post-636599","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-ai","tag-asias","tag-benefiting","tag-boom","tag-business","tag-consumers","tag-economists","tag-economy","tag-is","tag-new-zealand","tag-newzealand","tag-not","tag-nz","tag-owners","tag-say"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/636599","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=636599"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/636599\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/636600"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=636599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=636599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=636599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}