President Moon Jae-in has pressed for more governmental support to boost Korea's information technology prowess, including its AI industry.
During an annual policy review on Thursday, held at the state-funded Electronics and Telecommunications Research Institute in Daejeon, the president said the country has the potential to become an AI powerhouse.
"We must secure future jobs with information technology and become an innovative and inclusive nation. Korea has enough potential to become a science-technology power and the world leader in the AI field. Turning that potential into reality is the task the government should do."
Calling it the "infrastructure of Korea's innovative growth," the president said the country should complete the establishment of a nationwide 5G network by 2022.
He also promised to lead the way in fostering AI-related unicorn firms through support with education and training.
Backing that plan, the Ministry of Science and ICT announced it will invest a trillion won, around 860 million U.S. dollars, to create more AI and software professionals.
The first policy briefing focusing on scientific technology clearly reflects the administration's resolve in boosting the nation's competitiveness in advanced technology this year, one of the core policy goals for 2020.
The president, also stressing the importance of the role of broadcasting, said comprehensive policy measures are critical in trying to contain the spread of fake news, something that has been rapidly growing in the new forms of media.
Shin Se-min, Arirang News.