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Prof. So Young Kim (Extreme left)  Chaired Leadership Roundtable attended by Mr. Sonmez Murat, Managing Director, WEF C4IR, Prof. Sung-Chul Shin, President of KAIST and Presidents of leading Institutions in Korea

 

Date: Dec. 10, 2019

 

The Korea Policy Center for the Fourth Industrial Revolution (KPC4IR) hosted its first leadership round table which highlighted the emerging policy and innovation challenges and what areas Korea should focus on to promote emerging technologies and innovation ecosystems. 

 

The Leadership roundtable was held as one of the major events of the KPC4IR opening ceremony with took place on Dec. 10 at KAIST in Daejeon.

 

The thought leaders including the President of KAIST, Prof. Shin Sung-Chul, Murat Sonmez, the managing director of the WEF's Center for the Fourth Industrial Revolution and Presidents of various institutes attended the Leadership Round table.

 

The participants discussed key emerging issues in the Fourth Industrial Revolution, global technology governance, and Korea’s progress and place in the era of unprecedented digital transformations. 

 

The Leaders also took note of South Korea’s tremendous progress in shaping policy and governance of the emerging technologies.  Korea was among the first countries to release national AI strategy back in 2017.

 

They applauded progress in blockchain Sandbox regulations in the city of Busan, as well as national level platforms such as the Presidential Committee on the Fourth Industrial Revolution, which just recently released its recommendations for people-centered development and adoption of emerging technologies.

 

In terms of skilling workforce for the 4IR era, the leaders noted that Korea has made progress, for example, efforts in establishing centers of excellence in 4IR technology research and education in major universities. 

 

Yet, despite these achievements, many challenges remain unresolved. The thought leaders called for wise and firm leadership in resolving recent challenges of trade protectionism and conflicts over technological hegemony between the US and China. This will improve the prospects for the diffusion of technologies underlying the Fourth Industrial Revolution.

 

The discussants challenged Korea to come up with clear key performance indicators in terms of policy and governance of emerging technologies. In addition, the high-level discussion highlighted the need to navigate the delicate balance to regulate the Fourth Industrial Revolution and policies to promote emerging technologies through research and well-informed laws and policies. 

 

During the event, it was concluded that Korea is on definitely track to becoming one of the role models for 4IR. But given the unprecedented changes and disruption, the KPC4IR should work hard to help governments and the industry to realize the double goal of maximizing the potential of emerging technologies and minimize the risks that these technologies pose to society