* Date : 2018-07-05
AI, or Artificial intelligence, has generated buzz in the entire world. A lot of renowned global companies as well as countries have focused on boosting the AI market. And it has brought about significant changes to the economy as well. Being introduced to various industrial sectors including automobile, medicine and performing art, the global AI market has achieved remarkable growth. Along with the growing expectations on AI, data which is the basis of AI technologies, has been at the center of the attention. Therefore, an increasing number of companies have specialized only in data management. Moreover, AI can learn the existing records of patients and diagnose the conditions of patients by itself immediately. It has led to the creation of a new paradigm in the medical field. And an innovative change is expected to take place in the field of performing art. A new type of performance, which has focused on the collaboration between humans and machines, was created based on the AI technologies. We analyze the rise of AI technologies, which have created new markets instead of simply replacing humans.
Sharing economy has garnered a lot of attention in the global market. As "sharing" instead of "having" has emerged as the leading consumption pattern, the sharing economy has expanded rapidly to a variety of different areas including tangible assets like cars and houses as well as intangible assets like talent, time and labor. According to a survey done by PricewaterhouseCoopers, the scale of the sharing economy, which used to be 18.6 billion dollars in 2017, is expected to reach 40.2 billion dollars in 2022. Also, a new blockchain-based platform for sharing economy has been suggested along with the implementation of ICT skills including big data and artificial intelligence in the era of the fourth industrial revolution. We report on the social chances caused by the rise of sharing economy, which has escaped from the existing market economy and overcome the limitations facing the capitalism. Also, we look into a variety of innovative business models for the sharing economy.
Biometrics technology has grabbed attention as a rising authentication service for the security industry. Along with the application of a fingerprint recognition service to a smartphone and development of the FinTech market, the global biometrics market has achieved rapid growth. Aside from the technologies that use biological characteristics like fingerprints and irises, it has been expanded to the recognition of behavioral characteristics like signatures and gaits. The market has expanded to a variety of different fields including public and financial sectors. One of the most popularized technologies is the face recognition technology for the entry and exit control system. The improved convenience of non-contact system and low cost are the biggest strength of the technology. As iris recognition technology has the most complex pattern among various biometrics technologies, it has garnered a lot of attention in the financial sector which requires improved security along with the growth of the FinTech market. Biometrics technologies are expected to be diversified in the near future. We introduce biometrics technologies which have emerged as a blue ocean technology that will lead the security industry.