Research Report: Preparing for the Futureof AI - Economic, Industrial,
and Social Change___Analysis and policy responses Youngho Hong,Senior AI
Researcher, Yangpyeong
1. Introduction
AI technology will have a profound impact on current and futureeconomies, industries,
and societies. To this end, this study to analyzethe major changes that AI will bring
about, and propose policydirections and action plans to respond to these changes.
Thedevelopment of AI not just a technological advancement, but afundamental change
in the structure of national economies andsocieties. Therefore, policy responses are
needed to maximize the use ofAI technology in each sector and to address potential
problems.
This report analyzes the impact that major changes in AI will have onthe economy,
industry, and society, and provides specific policyresponses for each.
2. Research objectives
The main objectives of this study were toAnalyze the major changes that AI will bring
to the economy, industry, and society and provide policy responses Contribute to
setting policy directions and action plans to prepare for the future AI era
3. Key research areas
3.1. Research and development (R&D)
Advancing AI technology requires ongoing research and development (R&D)investment.
This increases the efficiency of utilizing and developing AI technologies and can spur
new technological innovations.
• Promoting research and innovation in AI-powered technologies: Government and
business collaborate on key research in AI technologies minutes drive the
development of innovative technologies.
• Expanding the applications of AI technology: It is important to strengthen research
and develop practical solutions to apply AI technology to a variety of applications,
including healthcare, agriculture, and manufacturing.
3.2. Normally
Securing AI sovereignty is key to securing and utilizing AI technology nationally, which
requires international trade norms and policies.
• Establish AI-related international norms and agreements: Countries establish
international norms related to AI technologies to facilitate the diffusion and utilization
of AI technologies.
• Strengthen AI-related trade policies: Establish trade policies to maintain
competitiveness and leadership in the AI industry, so that can offer internationally
competitive AI products and services.
3.3. Industries
AI technology is being integrated into existing industries improve productivity and
create new industries. Explore how AI can be applied to existing industries and create
new ones.
• Promote AI industries: Leverage AI technology in existing industries increase
efficiency and create new services and products, e.g., building smart factories using
AI in manufacturing, applying autonomous driving technology in logistics, etc.
• Create new industries: Identify new AI-based industries and strengthen policy
support for them, e.g.AI-enabled robotics, big data analytics, autonomous vehicles,
etc.
3.4. Enterprise
It's important to help companies utilizing AI become globally competitive.
• Nurturing AI companies: Nurture startups and SMEs that utilize AI technology and
help them compete in the global marketplace.
• Build innovative business models powered by AI: Enable companies to leverage AI
to increase productivity, reduce costs, personalize services, and more to become
more competitive.
3.5. Jobs
The proliferation of AI will cause major changes in the structure of jobs. While some
jobs may disappear with AI, new ones will be created, and we need to be ready for
them.• Increase training and retraining in AI technologies: Strengthen training programs to
create a workforce with an understanding and ability to use AI technologies, which
will help create jobs that fit the existing labor market and build capacity to respond
to changes in AI technologies.
• Strengthen social safety nets: Strengthen social safety nets for those who may be
impacted by AI, and put policies in place to respond to job changes.
4. Key agenda and policy initiatives
4.1. Leverage your data
Vast amounts of data are essential for the advancement of AI technology, so we
have a data utilization policy in place.
• Open Data Policy: Promote the openness and sharing of data so that companies
and research organizations can freely utilize the data they need to develop AI
technologies.
• Ensure data protection and privacy: Privacy and security issues are important in the
use of data, and we have legal standards and systems in place to ensure this.
4.2. Build infrastructure
To effectively utilize AI technology, you need the right infrastructure.
• Build the infrastructure to support AI technology: Build the infrastructure to support
AI technology, such as high-speed internet, cloud computing, and data centers, to
provide an enabling environment for businesses to leverage AI technology.
4.3. Build your workforce
The proliferation of AI technology requires the development of talent to support it.
• Expanding AI-related educational programs: AI-related majors and research at
universities and research institutions. strengthen your program and provide training
that you can put to work right away.
• AI skills training and retraining: Provide training and retraining programs for existing
workers in AI skills to them adapt to the changing job market.
4.4. Legal framework
Setting legal standards to ensure that AI-related technologies and services are
socially safe and fair.
• Enact AI-related legislation: Amend existing laws or enact new ones to keep pace
with advances in AI technology, ensuring ethical use of AI and clarifying social
responsibility.
• Establish an AI ethics code: Establish a code that considers the ethical aspects of
using AI technology to ensure fair and safe use of AI.
4.5. Strengthening social safety nets
We need policies that prepare for AI-induced job changes and strengthen economic
and social safety nets.
• Build social safety nets: Create proactive support policies for those affected by
AI-driven job changes and strengthen social safety nets.
• Basic income and retraining support: Strengthen basic income systems to respond
to job changes and provide opportunities for people to prepare for new jobs through
ongoing retraining.
5. Conclusion
AI technologies are expected to profoundly transform economies, industries, and
societies. In order to prepare for this, it is important to establish specific policies for
each of these areas and come up with feasible measures. This study presents major
research areas to prepare for the advancement of AI technology and discusses
specific policy directions for each sector. The cooperation and proactive response of
governments, companies, academia, and society will be necessary to effectively
prepare for the changes in the AI era.
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