$147 Billion in Revenue With Fewer Than 12 Employees... This Is Possible With Effective AI Utilization

AWS Korea Focuses on Agentic AI Business

"By 2029, there will be at least five companies achieving $100 billion (about 147 trillion won) in revenue with fewer than 12 employees."

Kiho Ham, CEO of Amazon Web Services (AWS) Korea. Amazon Web Services Korea.

Kiho Ham, CEO of Amazon Web Services (AWS) Korea, made this statement at a New Year press conference held at the AWS Korea office in Gangnam-gu, Seoul, on March 3. He emphasized that the advancement of AI technology is ushering in an era where rapid corporate growth is possible. Ham explained, "AI, which previously played a simple supporting role, is now evolving into an agent capable of prediction, management, and supervision. We are working to assist with all work for our clients. Currently, more than 60% of Korean companies are using complex AI solutions, such as AI agents."

This year, AWS plans to focus on AI and dedicate efforts to realizing business value through generative and agentic AI. Ham highlighted that AWS is building a "data lake" to help integrate data within organizations. He also announced the establishment of a dedicated team for physical AI in Korea and plans to cooperate with China and Japan in this field. To this end, AWS intends to accelerate "cloud migration," which moves workloads to the cloud.

Kiwan Kim, Head Solutions Architect at Amazon Web Services Korea.

Kiwan Kim, Head of Solutions Architecture at Amazon Web Services Korea, introduced specific methods to efficiently conduct cloud migration to AWS by leveraging AI.

Kim explained, "The result of deliberating on how to achieve productivity gains through AI was the AI-Driven Development Lifecycle (AI DLC). In this approach, AI establishes development plans, and humans validate those plans. Consequently, development timelines are shifting from months to weeks, and from weeks to days." For example, Woongjin ThinkBig applied the AI DLC and completed the core features of its Book Curator AI agent in just two days, shortening the development period by four weeks and reducing labor costs by over 70%.

AWS plans to build an environment where clients can create and operate AI agents effectively. Notably, last week, AWS announced a $50 billion investment in OpenAI to accelerate AI innovation. Initially, $15 billion will be invested, with an additional $35 billion to be invested in the coming months once certain conditions are met.

This collaboration aims to jointly develop a "stateful runtime environment" based on OpenAI models, which will be provided through Amazon Bedrock. The goal is to enable developers to seamlessly access computing, memory, and identity resources to develop and validate AI agents.

This content was produced with the assistance of AI translation services.