It is the era of Artificial Intelligence (AI). Industries such as semiconductors, healthcare, home appliances, automobiles, and robotics are becoming more advanced through the convergence of AI technologies. Recently, the emergence of the conversational AI service ‘Chat-GPT,’ a symbol of AI technological growth, has increased public attention on AI. Chat-GPT is used by over 100 million people worldwide, with approximately 2.2 million users in Korea according to government estimates.
The market research firm Markets and Markets forecasts the AI market size to reach $400 billion (about 527 trillion KRW) by 2027. This is a rapidly growing market with an average annual growth rate of 36.1%. Consulting firm McKinsey also predicts that by 2030, 70% of companies worldwide will adopt AI.
Accordingly, the Korean government is actively implementing AI market development policies aiming to become a leading AI nation, including investing 390.1 billion KRW this year to strengthen super-large AI competitiveness and nurture future strategic industries. Companies are also sparing no effort in technology cooperation and investment to lead the rapidly growing AI market.
In the near future, as AI becomes a part of everyday life, how AI connects with us is important.
Asia Economy will hold a forum on May 17 titled ‘The Future of Companies Led by AI’ to discuss the present and future of AI in Korea with global experts. Leading domestic ICT companies will share their AI ecosystems in one place and explore future prospects.
Date: May 17 (Wednesday) 09:00~15:30
Venue: Sapphire Ballroom, 3rd Floor, Lotte Hotel, Sogong-dong, Seoul
Event introduction and registration website: https://www.asiaeforum.co.kr/afef2023/
Contact: 1522-8786
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