Research Report: Preparing for the Futureof AI - Economic, Industrial, and Social Change___Analysis and policy responses Youngho Hong,Senior AI Researcher, Yangpyeong

 

1. Introduction

AI technology will have a profound impact on current and futureeconomies, industries, and societies. To this end, this study to analyzethe major changes that AI will bring about, and propose policydirections and action plans to respond to these changes. Thedevelopment of AI not just a technological advancement, but afundamental change in the structure of national economies andsocieties. Therefore, policy responses are needed to maximize the use ofAI technology in each sector and to address potential problems.

This report analyzes the impact that major changes in AI will have onthe economy, industry, and society, and provides specific policyresponses for each.

 

2. Research objectives

The main objectives of this study were toAnalyze the major changes that AI will bring to the economy, industry, and society and provide policy responses Contribute to setting policy directions and action plans to prepare for the future AI era

 

3. Key research areas

 

3.1. Research and development (R&D)

Advancing AI technology requires ongoing research and development (R&D)investment. This increases the efficiency of utilizing and developing AI technologies and can spur new technological innovations.

Promoting research and innovation in AI-powered technologies: Government and business collaborate on key research in AI technologies minutes drive the development of innovative technologies.

Expanding the applications of AI technology: It is important to strengthen research and develop practical solutions to apply AI technology to a variety of applications, including healthcare, agriculture, and manufacturing.

3.2. Normally

Securing AI sovereignty is key to securing and utilizing AI technology nationally, which requires international trade norms and policies.

Establish AI-related international norms and agreements: Countries establish international norms related to AI technologies to facilitate the diffusion and utilization of AI technologies.

Strengthen AI-related trade policies: Establish trade policies to maintain competitiveness and leadership in the AI industry, so that can offer internationally competitive AI products and services.

 

3.3. Industries

AI technology is being integrated into existing industries improve productivity and create new industries. Explore how AI can be applied to existing industries and create new ones.

Promote AI industries: Leverage AI technology in existing industries increase efficiency and create new services and products, e.g., building smart factories using AI in manufacturing, applying autonomous driving technology in logistics, etc.

Create new industries: Identify new AI-based industries and strengthen policy support for them, e.g.AI-enabled robotics, big data analytics, autonomous vehicles, etc.

 

3.4. Enterprise

It's important to help companies utilizing AI become globally competitive.

Nurturing AI companies: Nurture startups and SMEs that utilize AI technology and help them compete in the global marketplace.

Build innovative business models powered by AI: Enable companies to leverage AI to increase productivity, reduce costs, personalize services, and more to become more competitive.

 

3.5. Jobs

The proliferation of AI will cause major changes in the structure of jobs. While some jobs may disappear with AI, new ones will be created, and we need to be ready for them.

Increase training and retraining in AI technologies: Strengthen training programs to create a workforce with an understanding and ability to use AI technologies, which will help create jobs that fit the existing labor market and build capacity to respond to changes in AI technologies.

Strengthen social safety nets: Strengthen social safety nets for those who may be impacted by AI, and put policies in place to respond to job changes.

 

4. Key agenda and policy initiatives

 

4.1. Leverage your data

Vast amounts of data are essential for the advancement of AI technology, so we have a data utilization policy in place.

Open Data Policy: Promote the openness and sharing of data so that companies and research organizations can freely utilize the data they need to develop AI technologies.

Ensure data protection and privacy: Privacy and security issues are important in the use of data, and we have legal standards and systems in place to ensure this.

 

4.2. Build infrastructure

To effectively utilize AI technology, you need the right infrastructure.

Build the infrastructure to support AI technology: Build the infrastructure to support AI technology, such as high-speed internet, cloud computing, and data centers, to provide an enabling environment for businesses to leverage AI technology.

 

4.3. Build your workforce

The proliferation of AI technology requires the development of talent to support it.

Expanding AI-related educational programs: AI-related majors and research at universities and research institutions. strengthen your program and provide training that you can put to work right away.

AI skills training and retraining: Provide training and retraining programs for existing workers in AI skills to them adapt to the changing job market.

 

 

4.4. Legal framework

Setting legal standards to ensure that AI-related technologies and services are socially safe and fair.

Enact AI-related legislation: Amend existing laws or enact new ones to keep pace with advances in AI technology, ensuring ethical use of AI and clarifying social responsibility.

Establish an AI ethics code: Establish a code that considers the ethical aspects of using AI technology to ensure fair and safe use of AI.

 

4.5. Strengthening social safety nets

We need policies that prepare for AI-induced job changes and strengthen economic and social safety nets.

Build social safety nets: Create proactive support policies for those affected by AI-driven job changes and strengthen social safety nets.

Basic income and retraining support: Strengthen basic income systems to respond to job changes and provide opportunities for people to prepare for new jobs through

ongoing retraining.

 

5. Conclusion

AI technologies are expected to profoundly transform economies, industries, and societies. In order to prepare for this, it is important to establish specific policies for each of these areas and come up with feasible measures. This study presents major research areas to prepare for the advancement of AI technology and discusses specific policy directions for each sector. The cooperation and proactive response of

governments, companies, academia, and society will be necessary to effectively prepare for the changes in the AI era.

 

 

 

 

 

 

 

References

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Garcia-Saiso, S., Marti, M., Pesce, K., Luciani, S., Mujica, O., Hennis, A., & D'agostino, M. (2024). Artificial Intelligenceas a Potential Catalyst to a More Equitable Cancer Care. JMIR Cancer, 10.

 

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Mukherjee, J., Sharma, R., Dutta, P., & Bhunia, B. (2023). Artificial intelligence in healthcare: a mastery.Biotechnology and Genetic Engineering Reviews, None, 1-50.

 

San, S. C., Olariu, A. A., & Popa, Ș. (2024). Implications of Artificial Intelligence on Organizational Agility: APLS-SEM and PLS-POS Approach. Amfiteatru Economic.

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