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Financial group leaders and ruling party meet to discuss Korea New Deal

Financial group leaders, ruling DPK meet over Korea New Deal Posted : 2021-01-22 17:22 Updated : 2021-01-24 10:26 From left, KB Financial Group Chairman Yoon Jong-kyu, Woori Financial Group Son Tae-seung and Kim Gwang-soo, the head of the Korea Federation of Banks (KFB) attend a meeting at KFB headquarters in central Seoul, Friday. / Yonhap By Anna J. Park While expressing support for the government s five-year Korea New Deal initiative, major financial groups in Korea have urged the ruling party to deregulate the country s financial markets. Key members of the ruling party and the heads of Korea s five major financial groups ― KB, Shinhan, Woori, Hana and NH ― and other leaders of financial institutions met Friday to discuss ways to support President Moon Jae-in s Korean New Deal initiative aimed at stimulating economic growth and job creation through digital and green projects.

Chatbot Gone Awry Starts Conversations About AI Ethics in South Korea

Chatbot Gone Awry Starts Conversations About AI Ethics in South Korea The “Luda” AI chatbot sparked a necessary debate about AI ethics as South Korea places new emphasis on the technology. By January 16, 2021 Advertisement In Spike Jonze’s 2013 film, “Her,” the protagonist falls in love with an operating system, raising questions about the role of artificial intelligence (AI), its relationship with the users, and the greater social issues emerging from these. South Korea briefly grappled with its “Her” moment with the launch of the AI chatbot, “Lee Luda,” at the end of December 2020. But the Luda experience was not heart-wrenching or pastel-colored like “Her” – instead, it highlighted different types of phobia and risks posed by new technologies that exist within South Korean society.

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