Gov t vows support for AI-driven growth of service industry
Finance Minister Koo Yun-cheol discussed such measures with relevant ministries as South Korea aims to further propel the growth of the service industry, which…
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Finance Minister Koo Yun-cheol discussed such measures with relevant ministries as South Korea aims to further propel the growth of the service industry, which accounts for 60 percent of its gross domestic product, according to the Ministry of Finance and Economy. The finance minister added the government will also prepare measures to support new mobility services, such as urban air mobility and AI-based autonomous driving. "Currently, the service industry is facing a major transformation driven by AI, leading to convergence with the manufacturing sector, innovation in public services and major changes in daily life," Koo said.
Furthermore, "To help South Korean businesses take the lead in the global market, the government will promptly come up with measures to allow AI agents to be tested throughout the entire shopping process," Koo said. South Korea will additionally apply AI technologies to public services in areas including tax payment and administrative services, he added.
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Finance Minister Koo Yun-cheol discussed such measures with relevant ministries as South Korea aims to further propel the growth of the service industry, which accounts for 60 percent of its gross domestic product, according to the Ministry of Finance and Economy.
reliability low1/2 sourcesThe finance minister added the government will also prepare measures to support new mobility services, such as urban air mobility and AI-based autonomous driving.
reliability low1/2 sources"Currently, the service industry is facing a major transformation driven by AI, leading to convergence with the manufacturing sector, innovation in public services and major changes in daily life," Koo said.
reliability low1/2 sources"To help South Korean businesses take the lead in the global market, the government will promptly come up with measures to allow AI agents to be tested throughout the entire shopping process," Koo said.
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South Korea will additionally apply AI technologies to public services in areas including tax payment and administrative services, he added.
according to Yonhap News
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