GMAC’s annual survey finds evolving motivations for advanced business education RESTON, Va., March 26, 2024 (Korea Bizwire) – As the world emerged from a turbulent year that witnessed greater geopolitical conflicts, economic uncertainty, volatile job markets and disruptive technology, individuals are turning to graduate management education with a new-found focus. They aim to upgrade their [...]
SEOUL, Mar. 20 (Korea Bizwire) – Lee Sedol, the South Korean grandmaster who took on Google’s AI Go program AlphaGo in the ‘Game of the Century’ eight years ago, has offered a nuanced perspective on the rapid advancement of AI technology. In an interview released by Google Korea on March 19 to mark the 20th anniversary [...]
SEOUL, Mar. 20 (Korea Bizwire) — Samsung Electronics Co., the world’s largest maker of memory chips, said Wednesday that macroeconomic uncertainties are expected to be high this year but vowed to embrace a new opportunity in the rise of artificial intelligence (AI). “Although uncertainties in the macroeconomic environment are expected to be high this year, [...]
SEOUL, Mar. 19 (Korea Bizwire) – For artificial intelligence to truly shine, it needs to intimately understand user preferences, habits and idiosyncrasies — the more personal data, the better for AI to seamlessly control smart home appliances and devices. But as AI burrows deeper into private lives, concerns over data security intensify. With the treasures of [...]
SEOUL, Mar. 18 (Korea Bizwire) – The Korea Electric Power Corporation (KEPCO), one of South Korea’s largest state-run companies, is breaking new ground by deploying artificial intelligence to assist in identifying and recommending talent for key leadership positions. The power utility has developed an “AI-based talent recommendation system” that taps HR and job performance data to [...]
SEOUL, Mar. 15 (Korea Bizwire) – Seoul’s subway system is set to become more tourist-friendly with the expansion of an Artificial Intelligence (AI) interpretation system in 11 stations, facilitating real-time conversations between foreign visitors and station staff in their native languages. Seoul Metro announced on March 14 that the ‘Simultaneous Foreign Language Conversation System’ will be [...]
SEOUL, Mar. 14 (Korea Bizwire) – A recent study forecasts that artificial intelligence (AI) could potentially replace up to 13% of jobs in South Korea, totaling approximately 3.27 million positions, with a significant portion of these at risk within professional fields. The Korea Institute for Industrial Economics & Trade released a report on March 13 outlining [...]
SEOUL, Mar. 14 (Korea Bizwire) – The proliferation of AI-generated cover songs that mimic the voices of famous singers has sparked controversy and raised legal concerns, as these ‘AI covers’ spread across YouTube, potentially infringing upon the rights of the artists involved. Legal experts warn that such activities, especially when they generate sponsorship or advertising revenue, [...]
SEOUL, Mar. 10 (Korea Bizwire) –The Seoul Metropolitan Government is set to embark on a pioneering pilot project to support its employees’ use of paid generative AI services, marking a proactive step towards integrating AI into their workflows. This initiative aims to break away from the traditionally closed and slow-to-change public service culture by embracing [...]
SEJONG, Mar. 8 (Korea Bizwire) – Amid intense global competition, particularly from the United States and China, in the utilization of Artificial Intelligence (AI) in the manufacturing sector, the South Korean government has initiated a comprehensive plan to systematically support the transition of private companies to AI autonomous manufacturing. During a meeting held in Seoul on [...]