Exploring 5 Use Cases of AI in Construction Management
Dmytro Spilka·5 min
Now the country is moving fast towards artificial intelligence, with the government officially declaring a paradigm shift from an IT powerhouse to an AI powerhouse through the announcement of ‘AI National Strategies’. South Korean government will spend 4.7 trillion won ($3.9 billion) on innovative sectors such as 5G, digital twins, hydrogen, and artificial intelligence in 2020, with an existing pledge to spend $22 billion by 2022 on new technologies. Like the roots beneath the ground, compatible/complimentary technologies would stabilize and further strengthen artificial intelligence advancements and Korea is a great country to witness the applications.
There are more than 12,000 foreign companies in Korea. Even if Korea is unable to develop key AI technologies first, you can almost guarantee that it will be one of the first countries to experience them as many global brands consider Korea to be Asia’s key test market. Philippe Beaudoin, Co-founder of Element AI (Canadian AI company), noted that Korea has a strong track record of growth in AI adoption and that the market is crucial to the company’s Asia-Pacific business development strategies. The country is determined to keep its status as a global testbed as demonstrated with its policy changes to ensure an amicable market-entry for global fintech companies: The commitment will only attract more companies in the future. When studying artificial intelligence, you should consider the job market conditions and Korea has an ideal environment flourishing with opportunities.
There were 160,165 foreign students living in Korea in 2019, with 35,506 (22%) in graduate school programs. That’s 152% increase compared to the number of foreign graduate students in 2009 (14,066 students). The government has announced a plan to increase foreign enrolments to 200,000 by 2032 and is working hard to encourage even more students from America, Europe, and Asia to study abroad in South Korea. What’s stopping you from joining the number in 2020? Korea is an energetic, unique country and you should really consider studying artificial intelligence in South Korea.Instantly repurpose any DDI article into a professionally produced short-form video.
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