KKR says Japan¡¯s aging population presents opportunities to invest in areas that tap artificial intelligence (AI) and other technologies to make the most of a shrinking workforce.
¡°We¡¯re looking for ways to invest in businesses and industries that fundamentally improve the productivity of Japanese workers,¡± KKR Co-CEO Joe Bae said in an interview in Tokyo. If Japan doesn¡¯t invest in areas such as automation, robotics and AI, ¡°the aging population and decline will become a bigger and bigger challenge for its success as a nation.¡±
Bae is keen on technology or software companies that can help provide skilled labor or services to boost productivity and negate Japan¡¯s demographic trends. He also sees potential in data centers as increased reliance on automation and AI fuels demand for the facilities. KKR¡¯s private equity, infrastructure and private credit businesses can all play a role for such investments, he said.
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