Outlook for the AI Service Industry... Gwangju Employers Federation Holds Friday Breakfast Forum

The Gwangju Employers Federation announced on May 9 that it had invited analyst Seo Sangyoung to deliver a special lecture at the 1,684th Friday Breakfast Forum, under the theme "Trump and the Age of Chaos."

This special lecture focused on the ongoing issues of tariff policies under the potential second Trump administration and the AI-related industry.

The lecture covered several topics, including Trump and the trade war, the influence and authority of trade officials in a potential second Trump administration, the increasingly extreme nature of Trump's pledges, the impact of trade disputes on Korea, the imposition of tariffs on China, and China’s capacity to respond. The lecture then proceeded in order to discuss the economy and exchange rates, the AI industry and the stock market, and the bond and commodity markets.

In particular, by comparing the AI industry and the smartphone industry, Seo emphasized that ultimately, service companies will be the winners. He gave a positive outlook on the semiconductor sector, which continues to rise, as well as on large technology companies that have secured new growth engines through AI and the AI-related service industry.

Seo is an executive director at Mirae Asset Securities WM Innovation Division and has been recognized as a best analyst in market commentary by media such as Korea Economic Daily. He has received external awards from the Bank of Korea, was recognized for his contributions to the Korea Exchange derivatives market, and has appeared on numerous media outlets including Maeil Business TV.

Yang Jinseok, chairman of the Gwangju Employers Federation, stated, "With uncertainties still looming due to Trump’s tariff and economic policies and instability in the Middle East, the AI industry is only just beginning." He added, "It is expected that by 2030, profits in AI-related industries will increase more than tenfold compared to now, and this event provided an opportunity for member companies and participants to explore ways to respond to tariffs and facility investment."

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