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S Korea to spend $527 mn to integrate AI

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5 April 2024 5:30 AM GMT

Seoul: South Korea will funnel 710.2 billion won ($526.9 million) into the government's projects to integrate artificial intelligence (AI) into everyday life, the science ministry said on Thursday.

The AI Strategy High-Level Consultative Council, a government-civilian panel for shaping AI policies, convened its inaugural meeting and approved the investment plan to proceed with 69 AI projects aimed at helping the people feel the benefits of AI across all sectors, according to the Ministry of Science and ICT.

Some 75.5 billion won is earmarked for 18 programs geared toward enhancing daily life, 288.1 billion won is designated for 24 workplace-related projects and 115.7 billion won is allocated to 14 public administration initiatives.

Additionally, 230.9 billion won is set aside for AI education and ethics programmes, reports Yonhap news agency.

South Korea Artificial Intelligence Government Projects Investment Plan AI Projects Daily Life Enhancement Workplace-related Projects AI Education and Ethics Programs 
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