Korea's AI industry poised to leap under new president's goal to join world's top 3
Citing an “unprecedented era of ultra-technological civilization,” President Lee Jae-myung has pledged major investments and support for advanced technology industries in a bid to position Korea as a global leader. During his campaign, he demonstrated a strong commitment to further advancing Korea's AI industry, which he believes will help make the country one of the world’s top three AI powerhouses. True to his promise, just two days into his presidency, his administration announced the creation of a dedicated executive office for AI future strategy within the presidential office, a move signaling his intention to take direct control of shaping AI governance and policy. “The office for AI future strategy will oversee strategies for growth and future-oriented initiatives, while also comprehensively focusing on fostering the AI industry, advancing cutting-edge technologies and addressing challenges related to population and climate crises,” presidential chief of staff Kang Hoon-sik said during a briefing last week. Korea’s stagnation in global AI race According to the Critical
