Korea Must Continuously Promote AI Development

South Korean Vice Prime Minister and Minister of Science and ICT, Pyo Kyung-hoon, stated that South Korea must continue to promote AI development, not stop or slow down. South Korea, with its two major storage chip giants, Samsung Electronics and SK Hynix, is one of the key beneficiaries of the AI data center construction boom. Pyo Kyung-hoon believes that South Korea cannot slow down its AI development pace like the CEOs of US AI model developers, Anthropic and OpenAI, have advocated. He argues that there is a fundamental difference between countries that are already leading and those that are still catching up and trying to create new markets. Pyo Kyung-hoon also stated that South Korea should accelerate AI research and applications while strengthening prevention of deepfakes, cyberattacks, and privacy risks. He plans to soon announce the next phase of its autonomous AI foundational model plan.