[AAA2023]"Generative AI, the Most Significant Technological Shift... Essential for Organizations"

'Asia AI Awards' Ceremony
Winning Companies' Representatives Presentation Session
Unified Emphasis on the Importance of AI Utilization

On the 20th, at the Press Center in Jung-gu, Seoul, Lee Se-young, CEO of Ryuten, is giving a lecture to participating companies on the "2024 Generative AI Ecosystem Outlook" at the '2023 Asia AI Awards Ceremony'. Photo by Jo Yong-jun jun21@

"We declare the complete free access to Ryuten services. From today, all services can be used free of charge without any concerns about switching to paid plans." (Se-young Lee, CEO of Ryuten Technologies)

"For AI to become a helpful service beyond just a 'fun toy,' it is essential to clearly define the problem it aims to solve first. Only then can we secure the necessary high-quality data." (Jeong-geun Lim, CEO of BHSN)

"Generative AI is one of the most significant technological shifts in history. Organizations must have applications for generative AI services." (Beom-jin Jeong, CEO of Pion Corporation)

On the 20th, at the Press Center in Jung-gu, Seoul, Lim Jeong-geun, CEO of BHSN, is giving a lecture to participating companies on the theme "How Not to Strategize AI as a Fun Toy" at the '2023 Asia AI Awards Ceremony'. Photo by Jo Yong-jun jun21@

After the awards ceremony of the '2023 Asia AI Awards' held on the 20th, the winning companies introduced their technologies and services and held presentation sessions reviewing the industry. Se-young Lee, CEO of Ryuten Technologies, shared the outlook and business plans for the generative AI market next year. Jeong-geun Lim, CEO of BHSN, emphasized the importance of AI's fundamental role. Beom-jin Jeong, CEO of Pion Corporation, explained with examples why AI technology must be integrated into the advertising marketing market.

As the first presenter, CEO Lee stated, "Historically, companies that succeeded in platform businesses have led user ecosystems," and declared, "From today, Ryuten platform services will be completely free, allowing users to use them without worrying about switching to paid plans." The plan is to lead AI popularization by enabling free use of various generative AI services such as writing, chatbot conversations, and image analysis all on one platform.

CEO Lim said, "Since the emergence of ChatGPT, many challenges remain to be solved, including cost issues," and added, "Securing and training with high-quality data is essential in the process of concretely turning large language models (LLM) into services." He emphasized, "To secure high-quality data, it is important to accurately identify the problem, that is, the role of AI."

BHSN, a third-year startup, has developed and supplies its own AI legal solution. It is an AI legal solution that integrates contract drafting and review, corporate litigation, and risk management. He explained, "The legal sector is advantageous for AI training because documents are structured, making it a good field to apply AI," and added, "Most data are created by experts, so training efficiency is also high."

At the '2023 Asia AI Awards Ceremony' held on the 20th at the Press Center in Jung-gu, Seoul, Jeong Beom-jin, CEO of Pion Corporation, is giving a lecture on the topic "Why Naver, L'Or?al, Hyundai Motor, and Lotte Adopted AI Marketing SaaS." Photo by Jo Yong-jun jun21@

CEO Jeong emphasized the necessity of adopting generative AI in marketing, saying, "Generative AI is one of the most significant technological shifts in history," and "Organizations must have generative applications." He said, "It is necessary to automate labor-intensive marketing material production and ensure consistency of digital assets." Pion Corporation automates the entire marketing process from ad material production to operation by integrating multiple generative AI models optimized for marketing through its V-Cat AI solution.

V-Cat has brought innovation to ad production. Previously, 30 designers worked together to produce 3,000 banner images per month, but now, using AI, they can produce 5,000 images monthly. It also won the AI Innovation Award at CES 2024, the world's largest IT and electronics exhibition.