Taiwan is the heart of the AI era; it will soon rank among the world's top 20 economies

Taiwan is the "heart" of the AI era and a vital driver of the global economy, according to Hsieh Chin-ho, chairman of the Financial News Media Group. He predicts Taiwan will soon rank among the world's top 20 economies, playing a significant role in a new "G20."

Hsieh shared a framework by Mr. Cheng Kuei-yin that identifies 10 countries powering the world. In this model, the United States is the "brain," China the "muscle and factory," Taiwan the "heart," and South Korea the "memory and reaction nerve." Japan provides precision and underlying technology, Germany the industrial framework, and the Netherlands critical lenses and access.

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Taiwan is the heart driving AI, an extension of the American brain, perfectly complementing South Korea's memory, Japan's equipment, and China's industrial production.

This perspective echoes previous analyses, such as a Japanese publication's list of five key semiconductor nations. Hsieh emphasized Taiwan's integral role in the AI ecosystem, working in tandem with South Korea's memory capabilities, Japan's equipment, and China's manufacturing prowess. The Netherlands' ASML is noted as irreplaceable in EUV technology.

Hsieh also highlighted Saudi Arabia as the Middle East's energy and capital reservoir, and Singapore as a hub for Asian capital, shipping, and order control. He pointed out that small nations like Singapore can wield significant economic influence, surpassing larger neighbors. Hsieh urged against underestimating Taiwan's potential, stating, "Taiwan may seem small, but if we persevere a little longer, we will soon be among the world's top 20 economies."

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Taiwan may seem small, but if we persevere a little longer, we will soon be among the world's top 20 economies.