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The South Korean government is betting on AI based on its post-Covid recovery.
The novel coronavirus is the biggest health and economic threat the world has faced in nearly a century. It inflamed more than 65 million people and killed more than 1. 5 million. The economic damage caused by these shocks is expected to be the worst downturn. Faced with a new economic and public health crisis, South Korea has learned from its recent experience with the 2015 MERS outbreak, but it has also incorporated synthetic intelligence (AI) into its reaction to COVID. -19 outbreak.
In early January, the coronavirus was largely confined to China. The first case outside China, in Thailand, will not be reported until January 13. Japan reported its first case on Jan. 15. Faced with the spread of the virus, South Korean company Seegene has to expand a COVID-19 test kit that uses AI. By employing AI, Seegene was able to reduce progression time from a few months to three weeks and provide reliable testing weeks later. the first case was reported in South Korea.
Subsequently, South Korean companies used AI during the pandemic to study treatments for COVID-19, improve diagnosis, and monitor people in quarantine. South Korean biogenetics companies Theragen Etex and Synteka Bio are employing AI to drive the search for promising treatments for COVID-19. 19, while Lunit, a medical answering company, has developed an AI formula to read chest X-rays and help diagnose COVID-19. Other companies have developed similar AI technologies to help diagnose or identify the risk of infection in multipurpose environments. facilities.
SK Telecom has adapted an artificial intelligence formula designed for elderly care, Nugu, for the remote monitoring of quarantined people who are supplied with COVID-19 formulas. Known as “Nugu Carecall,” the same formula can monitor isolated seniors for words that may suggest the need for a medical professional and also interview older adults to check their memory and cognitive function. KT has a similar formula that allows seniors to schedule appointments and participate in other activities. However, concerns remain about how insights will be gained from AI formulas designed to monitor humans will be used.
Initial AI Efforts Under the Moon Administration
While AI plays a role in the fight against COVID-19, this increasingly vital generation is also a vital component of the Moon administration’s plans for South Korea’s economic future. The Moon administration considered AI from the beginning as one of the three strategic spaces that the government would consider. invests to promote cutting-edge expansion, along with hydrogen technology and economy, and has a broader vision of AI for the personal happiness of South Koreans.
Building on the Moon administration’s AI campaign, he established the Presidential Committee on the Fourth Industrial Revolution in 2017 to review AI and knowledge policy. In 2018, the committee announced an R
In 2019, the South Korean government announced new plans for South Korea’s production industry in key AI spaces with the progression of a production renaissance strategy and a semiconductor systems strategy. The Manufacturing Renaissance strategy aims to build 2,000 AI-powered factories as a component of a broader process of production reform.
System Semiconductor’s strategy is more ambitious. The goal is to succeed in 10% of the global fabless chip market and be the leading country in semiconductor foundries until 2030. Currently, only one South Korean company is among the 50 largest fabless corporations in the world. To achieve these purposes, the government plans to align its strategy with Samsung’s investments in the foundry sector, investing only about $860 million in R
More broadly, all of those projects fall under South Korea’s DNA (data, networks and artificial intelligence) initiative aimed at advancing South Korea’s economy for the 21st century.
South Korea’s National Strategy for Artificial Intelligence
Shortly before the COVID-19 outbreak, Moon’s leadership released a National Strategy for Artificial Intelligence. The strategy urges South Korea to create an AI-focused government that “provides high-quality services, starting with spaces that can have a direct influence. “an effect on people’s lives, such as the environment, disasters, security, and national defense, so that the public can feel the changes. “
The National Strategy for Artificial Intelligence lays out another hundred responsibilities for the government in three areas by 2030: AI competitiveness, large-scale use of AI, and creation of a human-centric AI technique. Each of these spaces has sub-objectives.
In the field of competitiveness, South Korea aims to raise its virtual competitiveness to third place in the world, reaching 95% competitiveness in AI, in particular expanding the source of big data and towards it, and ranking among the five regulatory environments more sensible for AI.
For the large-scale use of AI, South Korea has set a purpose for its AI skills pool by helping South Koreans use AI as early as the first year of high school to create lifelong learning. It has also set a target for its aggregate price point. in the production sector to 30 per cent from the current 25. 5 per cent, as defined in its production revival strategy, and to expand AI to all sectors of the economy, improving the way government works and delivers services. .
South Korea also hopes to use AI in the lives of its citizens. The national strategy aims to make South Korea one of the ten most sensible countries in terms of quality of life and the five most sensible in terms of life satisfaction among OECD countries, while also contributing globally to setting criteria for the moral use of AI.
The national strategy would invest $858 million in the development of AI semiconductors, while the national budget for AI was first increased by 50% by 2020. This budget was complemented by the Digital New Deal, designed to help South Korea build its economy for the future. As a component of the Digital New Deal, South Korea will invest $11 billion in its DNA over the next 3 years.
The economic benefits of South Korea’s AI strategy could be significant. AI is expected to add $15.7 trillion to the global economy by 2030 and, if successful, South Korea’s national strategy should add up to $390 billion to its current $1.64 trillion GDP over the same period.
South Korean Firms Move into AI
To increase their foreign competitiveness, South Korean corporations have begun forming two coalitions to pool their resources. One is run through KT and includes LG Uplus and LG electronics, while the other includes Samsung Electronics and Kakao and is run through SK Telecom.
The SK Telecom Group draws on its expertise in voice assistants such as Samsung’s Bixby, SK Telecom’s NUGU and Kakao’s Hey Kakao service. The KT-led organization plans to divide the generation more broadly and collaborate on AI responses to pandemics that would build on KT’s expertise. Global Platform for Pandemic Prevention.
Samsung, the leading telecommunications company in South Korea, began focusing more on AI in 2017 and has the highest number of AI patents of any company in the world, according to OxFirst. It sees AI as a vital component of its long-term and is looking to integrate it into its products and services. This includes programs like AI to update low-resolution content on TVs for viewing in 8K. Samsung is also looking to move beyond its dominance in memory semiconductors into automotive and AI semiconductors.
Earlier this year, Samsung ventured into the world of simulated humans with its Project NEON. The goal is to create credible peers, spokespeople, TV hosts, and others in the virtual world. Samsung is rarely the only South Korean company working in the world of simulated humans. Human. South Korean TV channel MBN recently introduced a virtual presenter, or AI launcher, founded by presenter Kim Ju-ha, to be used in case of emergency.
SK Telecom recently developed an AI semiconductor for cloud computing, a domain in which competitors Naver and Kakao are also striving to expand. Kakao is looking to use AI in homes, cars, and B2B services, and is collaborating with the Bank of Korea. to the central bank’s AI capabilities.
Challenges for South Korea’s AI Future
Despite being one of the leading generation economies in the world, South Korea is now only putting in place the mandatory elements to compete in the AI space. It ranks eighth globally in AI, but lags in areas such as talent, operating environment, and business initiatives. Lately, none of the chaebols, South Korea’s giant conglomerates, are seen as one of the corporations that will shape the future of AI, despite Samsung’s leadership in AI patents, while South Korea is lagging behind in the development of spaces such as virtual voice assistants. it remains, without a doubt, one of the ten most sensible when it comes to investing in AI.
While chaebols like Samsung are well-positioned to invest in and expand cutting-edge AI programs despite the biggest gaps in South Korea’s AI ecosystem, South Korea lacks AI startups. According to CBInsights, no South Korean company is on its list of the most important in the world. The hundred most sensible AI startups.
The progression of startups in general has been a challenge for South Korea. The OECD has pointed out that the majority are small enterprises located in areas of low productivity and failing to grow, while the government has a tendency to focus more on the survival of SMEs rather than increasing productivity.
Some of that is starting to change. Seoul first entered Startup Genome’s startup ecosystem ranking at number 20. No startup ecosystem from other regions in South Korea is ranked globally. Compared to global competition, Seoul has a tendency to lag behind in spaces such as skill and connectivity. In terms of skill, it has a tendency to score low in the quality and skill slots to climb skill.
To address this problem, the South Korean government created the AI Open Innovation Center to supply SMEs and startups with high-powered algorithms, data, and computing; However, in the context of South Korea’s startup ecosystem, demanding situations persist.
However, the challenges run deeper in terms of skills. Studies have shown that a lack of gender diversity in AI progression can lead to gender bias. Even though South Korea has particularly stepped up its recruitment for AI studies over the past year, the lack of gender diversity will need to be addressed. According to a 2017 UNESCO study, only 18% of South Korean AI scholars are women, and in 2019, only 12% of South Korean AI convention papers were written by women. Artificial intelligence is expected to eventually close the widest skills gap South Korea faces compared to other countries, however the South Korean government and corporations will want to work to ensure that the skill developed is as varied as possible. possible.
Moon’s management is right to focus on AI. Like any emerging technology, it can be hyped, but it’s clear that AI has a vital role to play in the future of evolved economies like South Korea. To be successful, however, South Korea will want to continue to invest resources, expanding talent, the startup ecosystem, and painting to avoid the biases that can creep into AI when it is programmed without a deep and varied pool of engineers.
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The novel coronavirus is the biggest health and economic threat the world has faced in nearly a century. It inflamed more than 65 million people and killed more than 1. 5 million. The economic damage caused by these shocks is expected to be the worst downturn. Faced with a new economic and public health crisis, South Korea has learned from its recent experience with the 2015 MERS outbreak, but it has also incorporated synthetic intelligence (AI) into its reaction to COVID. -19 outbreak.
In early January, the coronavirus was largely confined to China. The first case outside China, in Thailand, will not be reported until January 13. Japan reported its first case on Jan. 15. Faced with the spread of the virus, South Korean company Seegene has to expand a COVID-19 test kit that uses AI. By employing AI, Seegene was able to reduce progression time from a few months to three weeks and provide reliable testing weeks later. the first case was reported in South Korea.
South Korean companies subsequently used AI during the pandemic to study treatments for COVID-19, improve diagnosis, and monitor people in quarantine. South Korean biogenetics companies Theragen Etex and Synteka Bio are using AI to boost the search for promising treatments for COVID-19. 19, while Lunit, a medical response company, has developed an AI formula to read chest x-rays and help diagnose COVID-19. Other companies have developed similar AI technologies to help diagnose or identify infection risk in multipurpose environments. facilities.
SK Telecom has adapted an artificial intelligence formula designed for elderly care, Nugu, for the remote monitoring of quarantined people who are supplied with COVID-19 formulas. Known as “Nugu Carecall,” the same formula can monitor isolated seniors for words that may suggest the need for a medical professional and also interview older adults to check their memory and cognitive function. KT has a similar formula that allows seniors to schedule appointments and participate in other activities. However, concerns remain about how insights will be gained from AI formulas designed to monitor humans will be used.
Initial AI Efforts Under the Moon’s Stewardship
While AI plays a role in the fight against COVID-19, this increasingly vital generation is also a vital component of the Moon administration’s plans for South Korea’s economic future. The Moon administration considered AI from the beginning as one of the three strategic spaces that the government would consider. invests to promote cutting-edge expansion, along with hydrogen technology and economy, and has a broader vision of AI for the personal happiness of South Koreans.
Building on the Moon administration’s AI campaign, he established the Presidential Committee on the Fourth Industrial Revolution in 2017 to review AI and knowledge policy. In 2018, the committee announced an R
In 2019, the South Korean government announced new plans for South Korea’s production industry in key AI spaces with the progression of a production renaissance strategy and a semiconductor systems strategy. The Manufacturing Renaissance strategy aims to build 2,000 AI-powered factories as a component of a broader process of production reform.
System Semiconductor’s strategy is more ambitious. The goal is to succeed in the 10% of the global factoryless chip market and be the leading country in semiconductor foundries by 2030. Currently, only one South Korean company is among the 50 largest factoryless corporations in the world. To achieve those goals, the government plans to align its strategy with Samsung’s investments in the foundry sector, investing only about $860 million in R
More broadly, all of those projects belong to South Korea’s DNA (data, networking, and artificial intelligence) initiative aimed at advancing South Korea’s economy for the 21st century.
South Korea’s national strategy for artificial intelligence
Shortly before the COVID-19 outbreak, Moon’s leadership released a National Strategy for Artificial Intelligence. The strategy calls on South Korea to create an AI-oriented government that “provides high-quality services, starting with spaces that can have a direct influence. “an effect on people’s lives, such as the environment, disasters, security, and national defense, so that the public can feel the changes. “
The National Strategy for Artificial Intelligence lays out another hundred responsibilities for the government in three areas by 2030: AI competitiveness, large-scale use of AI, and creation of a human-centric AI technique. Each of these spaces has sub-objectives.
In the area of competitiveness, South Korea aims to elevate its virtual competitiveness to third place in the world, reaching 95% competitiveness in AI, in particular expanding the source of big data and being among the five most sensible regulatory environments for AI. .
For large-scale use of AI, South Korea is targeting its AI skills pool by helping South Koreans use AI from primary and secondary schools to create lifelong learning. It has also set itself the goal of improving its aggregate price point in the production sector to 30% from the current 25. 5%, as defined in its production renaissance strategy, and expanding AI to all sectors of the economy, adding the path better and better. How government works and how it delivers services.
South Korea also hopes to use AI in the lives of its citizens. The national strategy aims to make South Korea one of the ten most sensible countries in terms of quality of life and the five most sensible in terms of life satisfaction among OECD countries, while also contributing globally to setting criteria for the moral use of AI.
The national strategy would invest $858 million in the development of AI semiconductors, while the national budget for AI was initially increased 50 percent for 2020. That has been supplemented by the Digital New Deal, which is designed to help South Korea build its economy for the post-COVID period. Under the Digital New Deal South Korea will invest $11 billion to improve its DNA over the next three years.
The economic benefits of South Korea’s AI strategy may simply be significant. AI is expected to contribute $15. 7 trillion to the global economy by 2030, and if successful, South Korea’s national strategy is expected to add $390 billion to its current GDP of $1. 64 trillion. during the next year. Same period.
South Koreans Are Getting Into AI
To increase their foreign competitiveness, South Korean corporations have begun forming two coalitions to pool their resources. One is run through KT and includes LG Uplus and LG electronics, while the other includes Samsung Electronics and Kakao and is run through SK Telecom.
The SK Telecom Group draws on its expertise in voice assistants such as Samsung’s Bixby, SK Telecom’s NUGU and Kakao’s Hey Kakao service. The KT-led organization plans to divide the generation more broadly and collaborate on AI responses to pandemics that would build on KT’s expertise. Global Platform for Pandemic Prevention.
Samsung, the leading telecommunications company in South Korea, began focusing more on AI in 2017 and has the highest number of AI patents of any company in the world, according to OxFirst. It sees AI as a vital component of its long-term and is looking to integrate it into its products and services. This includes programs like AI to update low-resolution content on TVs for viewing in 8K. Samsung is also looking to move beyond its dominance in memory semiconductors into automotive and AI semiconductors.
Earlier this year, Samsung ventured into the world of simulated humans with its Project NEON. The goal is to create credible partners, spokespeople, TV hosts, and others in the virtual world. Samsung is rarely the only South Korean company running in the virtual world. Human. South Korean TV channel MBN recently introduced a virtual presenter, or AI launcher, founded by presenter Kim Ju-ha, to be used in case of emergency.
SK Telecom recently developed an AI semiconductor for cloud computing, a domain in which competitors Naver and Kakao are also striving to expand. Kakao is looking to use AI in homes, cars, and B2B services, and is collaborating with the Bank of Korea. to the central bank’s AI capabilities.
The challenges of the future of AI in South Korea
Despite being one of the leading generation economies in the world, South Korea is now only putting in place the mandatory elements to compete in the AI space. It ranks eighth globally in AI, but lags in areas such as talent, operating environment, and business initiatives. Lately, none of the chaebols, South Korea’s giant conglomerates, are seen as one of the corporations that will shape the future of AI, despite Samsung’s leadership in AI patents, while South Korea is lagging behind in the development of spaces such as virtual voice assistants. it remains, without a doubt, one of the ten most sensible when it comes to investing in AI.
While the chaebol such as Samsung are well placed to invest and develop innovative AI applications despite broader gaps in South Korea’s AI ecosystem, South Korea is lacking in AI startups. According to CBInsights, no South Korean firm made its list of the world’s top 100 AI startups.
The progression of startups in general has been a challenge for South Korea. The OECD has pointed out that the majority are small enterprises located in areas of low productivity and failing to grow, while the government has a tendency to focus more on the survival of SMEs rather than increasing productivity.
Some of that is starting to change. Seoul first entered Startup Genome’s startup ecosystem rating at No. 20. No startup ecosystem from other regions of South Korea is ranked globally. Compared to global competition, Seoul has a tendency to lag behind in spaces such as skill and connectivity. In terms of skill, it has a tendency to score low in the quality and ability to scale skill spaces.
To address this problem, the South Korean government created the AI Open Innovation Center to supply SMEs and startups with algorithms, data, and high-powered computing; however, in the context of South Korea’s startup ecosystem, challenging situations persist.
However, the challenges run deeper in terms of skills. Studies have shown that a lack of gender diversity in AI progression can lead to gender biases. Even though South Korea has particularly stepped up its recruitment for AI studies over the past year, the lack of gender diversity will need to be addressed. According to a 2017 UNESCO study, only 18% of South Korean AI scholars are women, and in 2019, only 12% of South Korean AI convention articles were written by women. It is hoped that artificial intelligence will eventually close the wider skills gap that South Korea faces compared to other countries, however, the South Korean government and corporations will want to work to make sure that the skill developed is as varied as possible.
Moon’s management is right to focus on AI. Like any emerging technology, it can be hyped, but it’s clear that AI has a vital role to play in the future of evolved economies like South Korea. To be successful, however, South Korea will want to continue to invest resources, expanding talent, the startup ecosystem, and painting to avoid the biases that can creep into AI when it is programmed without a deep and varied pool of engineers.
The novel coronavirus is the most significant public health and economic risk that the world has faced in nearly a century. It has infected more than 65 million people and killed more than 1.5 million. The economic damage from the disruption is expected to be the worst decline in global GDP since the Great Depression. Facing a new public health and economic crisis South Korea utilized lessons from its recent experience dealing with the MERS outbreak of 2015, but also integrated artificial intelligence (AI) into its response to the COVID-19 outbreak.
In early January the coronavirus was largely contained to China. The first case outside of China, in Thailand, would not be reported until January 13. Japan reported its first case on January 15. With the virus spreading, the South Korean firm Seegene decided to develop a COVID-19 test kit using AI. By utilizing AI Seegene was able to reduce the development time from a few months to three weeks and provide a reliable test with weeks of the first case being reported in South Korea.