[2024 Mirae Company Forum] "AI Must Be Used to Solve Workplace and Community Challenges"

Wo Byeonghyeon, CEO of Asia Economy

Woo Byung-hyun, CEO of Asia Economy (photo), said on the 22nd at the ‘2024 Asia Future Business Forum’ held at Lotte Hotel in Sogong-dong, Jung-gu, Seoul, "We must continuously research how to use artificial intelligence (AI) to solve the challenges faced by our workplaces and communities."

In his opening remarks at the event, CEO Woo emphasized, "In this era of great civilizational transformation, we need to question whether the survival and prosperity of ourselves, our families, and communities are necessary, and to do so, above all, we must study and understand the structure and operating principles of AI-related technologies."

Woo Byung-hyun, CEO of Asia Economy, is delivering the opening speech at the '2024 Asia Future Business Forum' held on the 22nd at Lotte Hotel in Jung-gu, Seoul. Photo by Kang Jin-hyung aymsdream@

Hosted by Asia Economy and supported by the Ministry of Economy and Finance, the Ministry of Science and ICT, the Korea Chamber of Commerce and Industry, and the Federation of Korean Industries, the event was held under the theme ‘The Era of Infinite Cooperation in AI Transformation (AX)’.

CEO Woo referred to a 2003 column titled ‘IT Doesn’t Matter’ written by Nicholas Carr, former editor-in-chief of Harvard Business Review (HBR), stating that society must contemplate what core issues should be prioritized. After the column was published, various debates arose centered around global big tech companies.

CEO Woo explained, "According to the summary by ChatGPT, adopting IT earlier than competitors is not very important," adding, "Because over time, IT ceases to be a competitive tool and becomes a commodity that anyone can purchase." He emphasized that rather than simply mastering IT itself, it is more important to refine business strategies and enhance innovation by utilizing IT. He also predicted that the early adoption effect of AI, which has recently become a hot topic, will not last long.

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