Reality deficit: how South Korea lost the plot on AI
South Korea is facing challenges in keeping up with global advancements in artificial intelligence due to insufficient investment and fragmented national strategy. Despite being a tech-savvy nation, the country has struggled to develop a cohesive AI ecosystem that supports innovation and scalability. This has led to a growing reliance on foreign AI technologies and a loss of competitive edge in key industries.
- ▪South Korea ranks low among OECD countries in government AI spending relative to GDP.
- ▪Private sector AI development is concentrated in large conglomerates, limiting broader innovation.
- ▪The country lacks a unified national AI strategy that coordinates research, education, and industry needs.
- ▪Brain drain is worsening as AI talent migrates to the U.S. and other countries offering better research environments.
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