Singapore – 5 September 2023: Recognizing the growing interest in tech from young women, Singapore Computer Society (SCS), in partnership with the Infocomm Media Development Authority (IMDA), announced the third edition of the Singapore 100 Women in Tech (SG100WIT) List on September 1.

Mrs Josephine Teo

Unveiled by Mrs Josephine Teo, Minister for Communications & Information and Patron of the Singapore Women in Tech (SGWIT) movement, this year’s SG100WIT honourees hail from more diverse industries, signalling the increasing recognition of the role women play in the tech sector, which is a step forward in building Singapore’s tech talent pool and bridging the talent gap.

With digitalisation becoming more pervasive in all sectors of the economy, new capabilities and competencies, particularly in the area of Artificial Intelligence (AI) technologies and ethics, will be the transformative force for innovation and growth. Accordingly, SCS released the new Version 1.1 of the AI Ethics & Governance Body of Knowledge (BoK) to expound ethical issues surrounding two globally trending AI technologies – Generative AI (GAI) and large language models (LLMs).

SCS Tech3 Forum examines Technology, Talents and Trends

Besides the two announcements that were announced at the Tech3 Forum, a panel discussion also took centre stage at The Ritz Carlton on 1 September amidst a 500-strong audience.

Themed “Are We Ready for Global Recession? How We Can Ride Through It with Digitalisation”, the Tech3 Forum fielded a distinguished panel comprising Ms Lori Beer (Global Chief Information Officer, J.P. Morgan), Mr Ho Kwon Ping (Founder & Executive Chairman, Banyan Tree) and Mr Vincent Loy (Assistant Managing Director Technology Group, Monetary Authority of Singapore) – as they offered insights and perspectives on the concerns of a recession and how businesses can be ready for such a future. Ms Dawn Tan (Presenter, CNA, Mediacorp) moderated the discussion.

A record 800 Nominations

The third Singapore 100 Women in Tech edition received a total of 800 nominations – an increase of almost one-third from the 2021 edition, signalling the growing recognition and value that women bring to the tech sector. The final list of 100 honourees comes from a spectrum of sectors such as semiconductor, aeronautics, and biotechnology and occupies a variety of roles such as researchers, business, community leaders, and content creators.

The “Girls in Tech” category returns this year. This category focuses on female students in Singapore who are rising stars pursuing their passion and interest in technology.

A total of 31 nominations were received in the Girls in Tech category, doubling the number of nominations received in the last edition of SG100WIT. This demonstrates the growing interest in tech from young women, which is a step forward in building Singapore’s tech talent pool and bridging the talent gap.

Said Ms Tan Lee Chew, Chairperson of SG100WIT 2023 Organising Committee, “The SG100WIT list has evolved from inception to its current edition to be a key national initiative that amplifies the brilliant capabilities of women and students in technology. In its third edition, the initiative has grown significantly to include nominees of diverse profiles – including small business owners, teachers, and investors – in addition to business leaders, technologists, entrepreneurs, researchers and students. This year’s list is a testament to the multifaceted role of technology and how impactful it can be in empowering women in different careers. Through this initiative, SCS hopes to inspire more women to embrace technology across different industries in their respective careers and help build a strong pipeline of women and women leaders in technology.”

AI Ethics & Governance Document Released

The world’s first AI Ethics & Governance Body of Knowledge (BoK) was developed by the SCS based on IMDA’s AI Model Framework. A “living document” which was launched in October 2020, the BoK aims to encourage companies to use AI in a responsible, ethical and human-centric manner for competitive advantage.

The new Version 1.1 of the AI Ethics & Governance BoK has 15 additional chapters and 50 new appendix items added to cover various topics related to Generative AI (GAI) and large language models (LLMs) – their role, impact, and governance for business and society, and how to prepare for and adapt to the new era of GAI.

More specifically, the BoK Version 1.1 discusses how GAI can be used to create new value and opportunities, as well as the challenges and risks that need to be addressed. It also explores the ethical and legal aspects of GAI, and how to ensure its responsible and sustainable use, including insights and recommendations for different stakeholders, such as policymakers, educators, employees, and insurance providers.