South Korea makes AI investment a top policy priority to support flagging growth https://t.co/BopIZ5MMlh https://t.co/BopIZ5MMlh
South Korea makes AI investment a top policy priority to support flagging growth https://t.co/Ie2UGHDU8k https://t.co/Ie2UGHDU8k
As China’s preoccupation with high-tech industry runs into limits, the country’s leaders are starting to emphasise an alternative, less familiar source of economic growth https://t.co/mHR1IdbVj1
South Korea has declared investment in artificial intelligence (AI) as a top policy priority amid a downgraded economic growth forecast for 2025. The government revised its growth projections downward, anticipating the slowest pace since the pandemic-induced contraction in 2020, largely due to trade headwinds stemming from U.S. tariffs. In response, Seoul aims to bolster economic growth through increased AI investment. Additionally, South Korea is exploring cultural sectors as alternative drivers for economic expansion. This strategic shift comes as China, facing limitations in its high-tech industry ambitions, is also seeking new sources of growth beyond technology.