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Mon, December 6, 2021 | 11:42

Bridge gap between policy, theory to deal with questions on AI

The human imagination, which projects our strongest desires and worst fears, has long been preoccupied with the idea of artificial intelligence (AI). Films, such as “The Matrix,” “A.I.,” and “Her” portray the dilemmas faced by humankind when creations of our making surpass, our expectations and limitations. Today, AI is no longer confined to the pages of books or movie screen...

2021-11-29 16:06

Basic income system promotes social justice

With the outbreak of the COVID-19 pandemic, Korea's economy not only recorded one of its worst economic contractions since the Great Recession of 2008, but also shrank for the first time in 22 years since the 1998 Asian Financial crisis. In the midst of this economic turmoil, a fundamental question lies at the heart of the discussion: how is the pandemic undermining social ju...

2021-11-29 16:06

Fundamental solution for AI lies in educational reforms

Artificial intelligence (AI) is one of the most overused terms that dominate heated discussions on future societies. The term carries hype and excitement towards an unprecedented era of exponential technological growth, as well as grave concern towards an unpredictable future.

2021-11-29 16:06

Investments needed to retrain workers to adapt to AI

Between 2016 and 2030, artificial intelligence (AI) and automation may displace up to 800 million workers globally, according to estimates and modeling done by McKinsey & Company. While that number sits at the highest end of estimates, it does paint a narrative of what immense transformations are already taking place, even further accelerated by the COVID-19 pandemic.

2021-11-29 16:05

Korea's exports of farm, fishery products top $10 billion this year

South Korea's exports of agricultural and fishery goods exceeded the US$10 billion mark for the first time this year, led by the popularity of "hallyu," the Korean wave of pop culture, data showed Sunday.

2021-11-28 11:54

[Contribution] Can Korea learn from ASEAN to navigate US-China tensions?

The increasingly difficult U.S.-China relationship has left many East Asian countries caught in the cross-fire. Recent geopolitical developments have brought a clash of interests as far as trade and traditional security partnerships are concerned, and highlight the tightrope that many countries have to walk.

Lee Kyung-min | 2021-11-28 10:05

Property owners cry foul over growing real estate tax burden

With the government sending out demands for real estate tax payments a week ago, those subject to them have begun expressing severe discontent at the sudden increase in their tax burden. Calling the Moon administration's tax “punitive,” some property owners are even attempting to form a resistance movement.

Anna J. Park | 2021-11-27 09:36

Korea, Uzbekistan vow to speed up negotiations for trade deal

Korea and Uzbekistan agreed Friday to expedite efforts to clinch a bilateral free trade agreement and to boost cooperation on stable supply chains of key industrial items, Seoul's finance ministry said.

2021-11-26 20:46

BOK head hints at another rate hike in 1st quarter of 2022

Bank of Korea Governor Lee Ju-yeol hinted at another key rate hike in the first quarter of next year, Thursday, in a clear show of determination in monetary policy normalization from emergency, ultra-low easing brought on by COVID-19 pandemic. His remarks came less than an hour after the BOK monetary policy board voted to hike the key rate by 25 basis points to 1 percent, a w...

Lee Kyung-min | 2021-11-25 17:09

Former UN chief not fully satisfied with COP26 results

Former United Nations Secretary-General Ban Ki-moon expressed a sense of regret over the outcome of the recent U.N. Climate Change Conference (COP26), as he felt that the international community failed to come up with concrete measures to fight climate change during the global event, held between Oct. 31 and Nov. 13 in Glasgow, Scotland.

Park Jae-hyuk | 2021-11-25 16:10

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