KISTEP held the 133rd KISTEP Wednesday Forum <Digital New Deal, Building Data Dam for Convergence of Big Data and AI> in the KISTEP International Conference Room on April 28 (Wednesday) to discuss issues on Data Dam. The Wednesday forum was broadcast online, without audience due to Covid-19, and can be viewed again at the KISTEP YouTube channel.

(Link) https://youtu.be/gmD7cEpQMhc

"In the 21st century, Big Data is so important that it is described as rice," said Kim Sang-sun, president of KISTEP. “The Digital New Deal of Korean New Deal, considered as current government’s priority, should be accompanied by both government and private sector. We need to review whether data-related policies are well-drafted and suitable,” he added.

▲ Sang-sun Kim, president of KISTEP, explains the significance of the forum.

▲ Yoon-seok Ko, head of National Information Society Agency (NIA), introduces the current status of AI business in Korea and two projects of Digital Dam (data building project for AI in education and big data platform building) among the government's digital New Deal business.

In the following session, Soon-cheon Byun, head of KISTEP's policy planning division, led the panel discussion, and the panelists discussed on roles of government for developing and enhancing the Data Dam business. The panelists are as follows: Jae-cheol Oh(CEO of I-ON Communications), Jae-sun Yoon(director of Selvas AI), Sang-yong Lee(professor at Konkuk University Law School), and Yoon-bin Lee(director of KISTEP Innovation Information Analysis Center).

▲ Jae-chul Oh, CEO of I-ON Communications, suggests Data Dams are significant business with potentially large infrastructure.

▲ Jae-sun Yoon, director of Selvas AI, discusses on what data consumers need.

▲ Professor Sang-yong Lee of Konkuk University School of Law urged the need to establish a legal foundation to support the intangible assets - Data. He added four possible challenges and respective solutions in the current data business.

▲ Yoon-bin Lee, director of KISTEP Innovation Information Analysis Center, stresses the need for the data to be accurate and precise and for numerous experienced personnel to be involved in the process of the Data Dam business. 

KISTEP will distribute the Wednesday Forum Brief, which contains the forum's main contents and policy implications, to policy customers.

(KISTEP Wednesday Forum Brief) kch@kistep.re.kr

(KISTEP YouTube Channel) https://www.youtube.com/KISTEPTV