SEOUL, Aug. 19 (Korea Bizwire) — More than half of South Korean workers are now using generative artificial intelligence (AI) tools on the job, potentially contributing to a significant uptick in national productivity, according to a new report released by the Bank of Korea on Monday. The report, titled “Rapid Expansion of AI and Its [...]
SEOUL, May 29 (Korea Bizwire) — South Korea has emerged as the world’s second-largest market for paid ChatGPT subscriptions, trailing only the United States, amid a dramatic surge in the use of generative AI services nationwide. According to the 2024 Intelligent Information Society User Panel Survey released Thursday by the Korea Communications Commission and the [...]
SEOUL, March 30 (Korea Bizwire) — The number of users of generative artificial intelligence (AI) services in South Korea nearly doubled from a year earlier in 2024, government data showed Sunday. In a survey on internet usage conducted by the Ministry of Science and ICT, the rate of respondents who experienced generative AI services jumped [...]
SEOUL, Feb. 19 (Korea Bizwire) — Generative artificial intelligence (AI) has emerged as the most desired product in the new subscription application product category among consumers in their 20s and 30s, a poll showed Wednesday. According to the survey conducted recently on 1,000 adults by market research firm Macromill Embrain, 94.8 percent of respondents said [...]
SEOUL, Feb. 17 (Korea Bizwire) — Subscription-based services in South Korea saw significant growth in 2024, with generative artificial intelligence (AI) leading the surge, according to a recent analysis by KB Kookmin Card. The financial institution reported that total subscription transactions increased by 12.9% in 2024 compared to the previous year, while spending on subscription services [...]
Matterport introduces essential new tools for real estate agents, contractors and designers SUNNYVALE, Calif., Oct. 01, 2024 (Korea Bizwire) – Matterport, Inc., today unveiled a groundbreaking suite of new tools designed to reshape the way professionals design, build, and market properties. Through the power of generative AI, Matterport users can now easily reimagine the potential of any space, [...]
SEOUL, Aug. 13 (Korea Bizwire) – Financial firms will be allowed to use generative artificial intelligence and cloud computing to develop new innovative products once they secure the means to ensure the security of their networks, the financial regulator said Tuesday. Financial firms have been required to keep their networks separated from the internet since [...]
SEOUL, Jun. 20 (Korea Bizwire) — More than 1 in 10 South Koreans have used generative artificial intelligence (AI), but many remain concerned about potential personal data leaks, according to a government poll released Thursday. The survey, conducted by the Korea Communications Commission (KCC) in November last year, found that 12.3 percent of the 4,581 [...]
New AI advancements are helping industry leaders get data ready for AI and make impact HSBC is among several industry leaders participating in Quantexa’s Lighthouse Program for early adopters HSBC anticipates that streamlining of analysis and acceleration of processes could lead to significant productivity gains within the first year of deployment Q Assist combines Quantexa’s [...]
SEOUL, Feb. 9 (Korea Bizwire) –A recent survey revealed that 90% of software developers anticipate that generative artificial intelligence (AI) could potentially replace aspects of their jobs. HR tech company WantedLab disclosed that an online survey conducted from February 2 to 7 among approximately 180 software developers found that 83.6% of respondents believe generative AI [...]