"Renewable Energy Can Recover Costs in a Few Years"
Lee Jae-myung, the Democratic Party presidential candidate, met with social venture and startup entrepreneurs on the 29th and stated, "When people think of companies, they often imagine them as heartless and ruthless, but now, if a company does not contribute to the public good, it cannot earn respect or even get started in the first place."
Lee Jae-myung, the Democratic Party presidential candidate, is taking notes while listening to the remarks of social and startup company representatives at the 'Seeds of Innovative Growth, Startup Level-Up!' meeting held on the 29th at Merihear in Seongdong-gu, Seoul. Photo by Yonhap News Joint Coverage Team
On this day in Seongdong-gu, Seoul, Lee held a meeting with representatives of social ventures and startups titled 'Seeds of Innovative Growth, Startup Level-Up!' and said, "The era in which the government comprehensively planned and drove economic growth is over for South Korea's industrial system. Now, we need to create an ecosystem where seeds are sown and growth occurs organically within the market itself."
During the meeting, Lee expressed agreement with an entrepreneur who emphasized the need to accelerate the transition to renewable energy. He stated, "It is important that we do not pass on debts to future generations. If we become overly dependent on systems such as nuclear power plants, we are shifting the burden of waste entirely onto our descendants. However, if we install solar power plants, the costs can be recovered within a few years, and in the end, we do not have to pass on the burden to future generations."
Lee also referred to a recent case in which a vulnerable individual, suffering from financial hardship, made an extreme choice, and pointed out, "There are many absurd situations where people eligible for government support either do not know about the policies or cannot receive benefits because the application procedures are too complicated, leading to tragic incidents such as a mother and daughter making an extreme choice."
He continued, "Of course, we need to address personal information issues, but if we introduce even a small amount of AI technology to automate the entire process from application to payment for these welfare policies, I believe the welfare blind spots could be greatly reduced."
Additionally, he said, "Whether it is the president or a provincial governor, there are limits to the awareness and understanding of administrative leaders. No one can fully grasp all the problems in the world. Now, we are in an era where private sector capabilities far exceed those of the public sector, so we must change the direction of administration."
He also stated that a dedicated chief secretary for AI should be established and that the national AI committee should be revitalized.
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