Small and family-run businesses in mainland China are adopting artificial intelligence (AI) faster than larger companies, according to industry leaders at a forum in Indonesia. The panel, speaking at the inaugural Nusa Dua Forum in Bali, said market agility and reliable power supplies will be key factors in determining who wins the global AI race. The event was organized by the South China Morning Post and Indonesian sovereign wealth fund Danantara Indonesia. Experts noted that smaller firms are more flexible and can quickly integrate AI tools into their operations, giving them a competitive edge. In contrast, large enterprises often face bureaucratic hurdles and longer decision-making processes. The discussion highlighted that access to stable electricity is critical for AI development, as data centers and advanced computing require substantial energy. The forum also touched on the broader implications of AI adoption for the global economy. While the focus was on China, the insights apply to businesses worldwide. The panelists emphasized that the rapid uptake of AI by small firms could reshape industries and drive innovation. However, they cautioned that without proper infrastructure and policies, the benefits of AI may not be evenly distributed. The event brought together policymakers, business leaders, and tech experts to explore the future of AI and its economic impact.