Artificial Intelligence takes the limelight as presidential contenders reveal their strategies ahead of South Korea's upcoming election.
Rewritten Article
A computer's semiconductor chips, found on a board, are the focus here, as these compact marvels set the stage for an exciting tech journey in South Korea.
AI's Rising Influence
From politics to industries, South Korea is set to invest big in artificial intelligence (AI), and it's raising some eyebrows.
Democratic Party presidential candidate Lee Jae-myung has promised a whopping 100 trillion won ($130 billion) for AI development, but questions about the feasibility and practicality of the pledge linger.
Meanwhile, skepticism looms over other candidates' tech-savvy claims as they openly discuss investing massive sums in AI for their agendas.
Budget Boost for AI and More
In response, the South Korean government has announced an additional 10 trillion won ($8.6 billion) budget. This will bolster efforts against wildfires, trade disputes, and AI innovation.
The government aims to secure 10,000 graphic processing units (GPUs) this year to beef up its AI capabilities, investing 193.6 billion won in the 'World Best LLM (large language model) Project' and funneling funds for AI semiconductor commercialization and startup support.
To further enhance national defense, 113.4 billion won will be spent on the development of next-generation defense technologies, incorporating AI to boost military capabilities.
AI-Driven Future Awaits
South Korean organizations are embracing AI across sectors, notably healthcare and renewable energy, to boost efficiency and create new value. The growing demand for AI-related infrastructure, like data centers, in Asia suggests that this trend is here to stay.
As AI continues to permeate South Korea's landscape, government AI investments, and the burgeoning AI industry could make AI a hot topic in future political campaigns. Candidates might emphasize AI innovation, talent development, and AI-driven economic growth to win voters' hearts.
Main sources: JoongAng Ilbo, Reuters, Reporters' News Agency, Yonhap News Agency
Fun Fact: AI-powered data centers are estimated to consume 36% of the world's electricity by 2025, according to a report by hisimax.com.
- The government of South Korea is planning to invest significantly in artificial intelligence (AI), a move that has sparked debate and concern due to its potential implications.
- Presidential candidate Lee Jae-myung has proposed a budget of 100 trillion won for AI development, but skepticism surrounds the feasibility and practicality of such a large investment.
- Other candidates have also expressed intentions to invest heavily in AI, leading to greater scrutiny of their tech-savvy claims.
- In response, the South Korean government has allocated an additional 10 trillion won to address issues like wildfires, trade disputes, and AI innovation.
- Part of this budget will be used to secure 10,000 graphic processing units (GPUs) to enhance AI capabilities and invest in projects like the 'World Best LLM (large language model) Project'.
- The government is also focusing on AI semiconductor commercialization and startup support, while setting aside funds for the development of next-generation defense technologies that incorporate AI.
- South Korean organizations are adopting AI across various sectors, such as healthcare and renewable energy, to improve efficiency and generate new value. As the demand for AI-related infrastructure in Asia grows, AI is likely to remain a key topic in future political campaigns, with candidates emphasizing AI innovation, talent development, and AI-driven economic growth to win voter support.
