Daegu City Council endeavors to strengthen digital innovation through AI – Daegu Metropolitan City’s determination to underpin the fourth industrial revolution takes a step forward as city council member Jo Kyung-gu propels the introduction of a vital legislative proposal. Through the recently proposed ‘Daegu Metropolitan City Artificial Intelligence Convergence Industry Promotion and Support Ordinance,’ the local government aims to lay the groundwork for robust development in the field of artificial intelligence (AI), which is inherently becoming the cornerstone of diverse industrial growth, spanning from manufacturing to health care and finance.
With the evolution of cutting-edge ICT technologies such as big data, blockchain, and the metaverse, the winds of change are blowing innovation across society’s economic and social landscape. In light of predictions by Korea’s IDC that the domestic AI market is expected to grow at an annual rate of 14.9% over five years, there’s a growing sense of urgency to develop local competencies in this domain.
To bridge the AI development gap between metropolitan and regional areas, and to rejuvenate the local economy, the government has highlighted the advancement of AI-based manufacturing industries, particularly in the Yeongnam region. Daegu City itself is not far behind with initiatives to create an AI-focused global and platform-oriented business environment; ambitions include the establishment of an ABB-focused fund and a global campus aimed at nurturing advanced talent.
The ordinance introduced by Jo Kyung-gu is vectored to support the crafting of a strong digital ecosystem centered on AI convergence industry. It includes provision for the assessment of current industry conditions, creation of infrastructure, advancement and commercialization of technologies, international cooperation, and the strengthening of collaborative frameworks among governmental agencies and specialized organizations.
The congressman deeply believes in AI’s transformative power and its contribution to enriching lives as well as enhancing regional economic vitality. Daegu’s legislative efforts could well set a precedent for comprehensive support and development of AI industries, propelling Daegu towards becoming a hub of AI convergence.
Important Facts:
– Daegu Metropolitan City is a major city in South Korea and a center for the textile industry, also known for its apple production and for being a fashion and technological hub.
– South Korea, as a nation, has been embracing the fourth industrial revolution, investing heavily in autonomous vehicles, Internet of Things (IoT), cloud computing, data analytics, and especially artificial intelligence.
– Daegu is aiming to become a leader in AI by providing a supportive ecosystem that encourages the growth of AI technologies and related businesses.
– The promotion of AI in Daegu and investments in the global campus and advanced talent development could also have positive effects on education and job creation in the region.
Key Questions and Answers:
Q: What is the significance of the ‘Daegu Metropolitan City Artificial Intelligence Convergence Industry Promotion and Support Ordinance’?
A: The ordinance is significant as it aims to provide a legal framework and support mechanisms to encourage the development and commercialization of AI technologies in Daegu, fostering innovation, and driving economic growth in the region.
Q: How does Daegu plan to nurture advanced talent in AI?
A: Daegu plans to establish a global campus that specializes in AI, which would help in attracting and developing skilled professionals in the field.
Key Challenges and Controversies:
– There might be challenges in attracting investment and global talent, as the AI industry is highly competitive, and many other cities around the world are also vying to become AI hubs.
– As with any technological advancement, there may be societal and ethical concerns associated with the development and application of AI that would need to be addressed.
– Existing businesses may need to adapt to changes brought by AI innovations, which could lead to a disruption of the local labor market and potentially cause job displacement.
Advantages and Disadvantages:
Advantages:
– Establishing a strong AI industry can drive economic growth and improve efficiencies in various sectors such as healthcare, finance, and manufacturing.
– Increased investment in AI can lead to job creation, especially for those with skills relevant to the fourth industrial revolution.
– This initiative can put Daegu on the map as an important destination for tech companies and innovators.
Disadvantages:
– There is a risk of increasing inequality if the benefits of AI are not distributed evenly among industries and demographics.
– Financial and social investment in AI may lead to the neglect of other important sectors or pressing issues.
– The fast-paced development of AI can lead to ethical and privacy issues that society may not be fully equipped to handle.
Since you requested no links to subpages or content editing comments, this response excludes them. However, to explore more about Daegu and its initiatives, interested parties can visit the official website of Daegu Metropolitan City.
The source of the article is from the blog yanoticias.es