Asia is aggressively pursuing artificial intelligence. Across the whole region, companies with an AI-focus are raising more money than ever before, with many Asian companies largely leading the way. In particular, while China has been making waves with some of the most eyebrow-raising investments in AI, South Korea is becoming increasingly visible and bullish on its own investments in AI as well.
What makes China a contender in AI, are some of the same reasons South Korea is heating up. Both governments are heavily investing in AI. A little over a year ago, China released a three step program outlining their plan on how it will become a world leader in A.I. by 2030. South Korea’s government also released an AI strategy and wants to be a top 4 contender in AI by 2022. China’s plan includes pushing for greater use of and heavy investment of AI in a number of areas such as the military and smart cities. The Chinese government plans to spend $2.1 Billion for an AI-focused technology research park. South Korean government agencies and major tech companies have pledged similarly large-sized investments in their AI industry. Are we looking at a growing regional rivalry for AI dominance?
South Korea another strong contender
South Korea has AI capabilities and ambitions of their own and is looking to strategically position themselves as a global contender. In 2016 South Korea famously hosted the match where DeepMind’s AlphaGo defeated Go’s world champion Lee Sedol, a Korean-native. They are also known throughout the world for their strong semiconductor, automotive, and electronics industry, as well as their use of industrial robotics technology. The country is home to many large well established tech companies such as Samsung, LG, and Hyundai, that have each shown significant appetite to invest in AI.
Principal Analyst at Cognilytica
Kathleen is a principal analyst, managing partner, and founder of Cognilytica, an AI research and advisory firm, and co-host of the popular AI Today podcast. She is a serial entrepreneur, savvy marketer, AI and Machine Learning expert, and tech industry connector. Kathleen spent many years as the Content and Innovation Director for TechBreakfast, the largest monthly morning tech meetup in the nation with over 50,000 members and 3000+ attendees at the monthly events across the US. In addition she is a SXSW Innovation Awards Judge and AI / Hardware Meetup organizer. As a master facilitator and connector, who is well connected in the technology industry, Kathleen regularly meets with innovators in key markets and gets the opportunity to see the latest and newest technologies from game changing companies. You can learn more about her firm at Cognilytica and find her on Twitter at: @kath0134