South Korea Aims to Harness AI as Growth Engine Amidst Trade Pressures

In the face of escalating trade tensions with the US and slowing economic growth, South Korea is prioritizing artificial intelligence (AI) investments to stimulate growth. The country’s Finance Ministry has pledged to unveil a series of AI policy packages by 2025, allocating funds for 30 specific projects spanning various sectors such as transportation, robotics, home appliances, and advanced materials. These initiatives aim to propel South Korea to the global AI leadership position, potentially boosting its economy despite a declining birth rate.