Global R&D budget increased 3.6 times… Great transition to AI and digital society

Global R&D budget increased 3.6 times…  Great transition to AI and digital society

Ministry of Science and ICT announces major policies for this year

Promoting joint research projects with the US and EU
In the three major technologies of quantum, AI, and advanced biotechnology
Focused investment in semiconductors, networks, etc.
Abolishment of evaluation grades dividing success and failure

Establishment of on-device AI activation strategy
Continue stabilizing people’s livelihoods, such as establishing a new 5G rate system

This year, the government will invest 1.8 trillion won, more than three times more than the previous year, in global research and development (R&D) with technologically advanced countries such as the United States. We will strengthen AI competitiveness by establishing an artificial intelligence (AI) research base and enacting the AI ​​Act, and secure future technologies such as next-generation semiconductors and next-generation nuclear power plants.

The Ministry of Science and ICT announced on the 13th the 2024 major policy implementation plan, which contains these contents and summarizes them with the keywords ‘Global science and technology powerhouse, leap forward as a digital model nation’.

Minister of Science and ICT Lee Jong-ho is announcing major business implementation plans for 2024 at the Seoul Government Complex in Jongno-gu, Seoul on the 13th. Newsis

Accordingly, this year the government will invest 1.8 trillion won in global R&D. This is a 3.6-fold increase from last year’s 500 billion won. The plan is to promote joint research and human resource exchange projects related to semiconductors, secondary batteries, and basic strategic technologies with the United States, the European Union (EU), Japan, and the United Kingdom, including cutting-edge and digital bio R&D with the United States.

10 billion won will be invested in so-called limit challenge R&D projects that support R&D that has a high chance of failure but is expected to succeed. We also plan to improve the R&D system by applying special provisions, such as abolishing the success/failure evaluation grades and actively reviewing exemption from innovation challenge-type R&D preliminary feasibility studies.

Financial resources will also be intensively invested in the three ‘game-changing’ technologies of quantum, AI, and advanced biotechnology, as well as the three leading global technologies of next-generation semiconductors, next-generation networks, and space. Domestic and U.S. AI research bases and Global AI Frontier Lab, which carry out high-level AI research with overseas researchers, will be established in the second half of the year. We will use Korea’s first self-developed quantum computer (20 qubits) on a pilot basis for new drug development, and challenge ourselves to implement long-distance transmission technology that will expand the wired transmission distance of quantum Internet data by 1,000 times from the existing 100m to 100km. We are also pursuing the establishment of a graduate school specializing in science, technology, and medicine to foster medical scientists in the bio field.

In addition, the Ministry of Science and ICT will build a data center with domestically produced low-power, high-performance AI semiconductors this year and prepare an on-device AI activation strategy (tentative name) to dominate the ‘on-device AI’ (implementation of AI in the device itself) market with domestically produced AI semiconductors. plan. We will also begin production of clean hydrogen and standard design of an innovative small modular reactor (SMR). The launch project of the Aerospace Administration, scheduled for May, is to create a space industry cluster in Jeonnam, Gyeongnam, and Daejeon.

Continuing from last year, the stabilization of digital livelihoods will continue this year as well. Segmentation of small amounts of 5G mobile communication (5G) data, strengthening of youth benefits, and raising the standard age are scheduled to be completed in March. Competition in the telecommunications market will be revitalized by abolishing the Terminal Distribution Act and supporting the market settlement of ‘Stage

Minister of Science and ICT Lee Jong-ho said, “We will make Korea the world’s best R&D hub and prepare for a great transition to an AI and digital society where people are happy.” He added, “We will communicate with the field and cooperate with related ministries to create and spread substantial results.” “We will become a government that takes action and takes action,” he said.

Reporter Lee Jin-kyung [email protected]

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