Promising Fields Highlighted by Director Frey
AI-Powered Facial Diagnosis Technology
Telemedicine as the Vanguard of Cutting-Edge Healthcare

[Asia Economy New York=Correspondent Baek Jong-min] Since the outbreak of the novel coronavirus infection (COVID-19), governments and companies worldwide are anticipating the emergence and transformation of new industries. It is a time that requires groundbreaking challenges to support startups and create jobs. Thomas Frey, director of the Da Vinci Institute, introduces promising fields after COVID-19.


◆Reshoring= The trend of deglobalization is already emerging. Many companies are relocating their supply chains closer to consumers and eliminating redundancies in manufacturing and distribution structures. The more companies endure the crisis caused by COVID-19, the more this trend is bound to spread.


◆Cybersecurity= As working from home and internet dependency increase, cybersecurity issues are expected to arise. As awareness of cyberattacks spreads, the need for security solution providers will grow. Security is essential to prevent individual damages such as phishing.


◆Artificial Intelligence (AI) Facial Diagnosis Technology= Facial recognition technology is already being used in the fight against COVID-19. In China, companies like Hanwang Technology have developed applications that can recognize faces even when wearing surgical masks. Since high fever is one of the symptoms of COVID-19, AI equipped with temperature sensors may be needed to detect citizens with elevated body temperatures in crowds.


Emergency Dispatch of Mobile Charging Equipment for Electric Vehicles Running Out of Battery View original image

◆Telemedicine= Health-related services such as online consultations and advice without direct contact between doctors and patients will become the forefront of future healthcare. It will allow easier access to cutting-edge medical services without waiting for hours at hospitals. So far, only a few countries and regions have adopted telemedicine, but it could become a golden opportunity going forward.


◆Advancement in Automation and Robotics= Companies will seek to implement more automation in their operations, and the robotics industry must advance further. Automation is essential to strengthen manufacturing and logistics. Many companies are turning to early-stage startups to find solutions.


◆New Long-term Care Facilities= These facilities suffered severe damage due to COVID-19. Residents who experienced closures for months to prevent infection spread not only faced life-threatening situations but also endured the pain of being unable to meet their families, along with economic burdens. It was truly a perfect storm leading to collapse.



◆Mobile Charging Equipment= Although the electric vehicle industry is growing, charging stations remain a challenging issue. The mobile charging equipment industry, which can charge vehicles that run out of electricity in places without charging stations?similar to emergency battery charging services for conventional vehicles?is promising. Recently, a company called Lightning Systems has accomplished this.


This content was produced with the assistance of AI translation services.

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