HomeBlockchainSM Leisure founder pushes for AI, blockchain adoption in Okay-pop

SM Leisure founder pushes for AI, blockchain adoption in Okay-pop

As South Korea’s authorities continues to put money into the event of synthetic intelligence (AI) techniques, one Okay-pop pioneer is amplifying the requires an industry-wide embrace of the expertise.

Based on a report from the Korea Herald, Lee Soo-man, founding father of SM Leisure, urged {industry} individuals to extend the adoption metrics for AI within the inventive sector. The music veteran aired his views through a keynote tackle on the annual gathering of the Worldwide Confederation of Societies of Authors and Composers.

In his speech, Lee argued that AI has the potential to jolt new inventive zest within the South Korean leisure house, offering novel methods for followers to attach with their favourite creators and idols.

“AI and chatbot technologies are changing how creators and consumers communicate at the speed of light,” stated Lee. “AI will help K-pop connect with its fans around the world.”

Lee added that songwriters can leverage generative AI to help within the songwriting course of whereas public relations groups can lean on the choices to maintain shoppers within the loop. In his submission, AI may very well be the ultimate piece of the puzzle in giving Okay-pop a aggressive benefit over its world friends.

Whereas his speech highlighted a string of AI positives, Lee stated that challenges additionally plague the full-scale adoption of AI in South Korea. The veteran raised the alarm over the rising instances of copyright infringement by AI builders and unlawful content material distribution.

Lee disclosed that AI places creators at a major drawback by way of financial loss, with AI corporations raking in a fortune from the mental properties belonging to artists, composers, and writers. Different downsides stemming from AI embody the dangers of knowledge leaks and misinformation from unhealthy actors through deep fakes.

To resolve the challenges, the Okay-pop legend urged stakeholders to show their gaze towards blockchain, calling for integrating each applied sciences. South Korea has important expertise with blockchain, however Lee says a seamless integration will solely be attainable by establishing minimal working requirements.

“If the standards for smart-contract systems (of blockchain) related to content royalties, license management, etc are unified globally, it will be optimal for protecting the creators’ property rights,” stated Lee.

A heavy funding in AI

Following its important investments in blockchain, South Korea’s authorities seems eager on towing the identical path by saying a collection of heavy AI investments. In April, South Korea’s president, Yoon Suk Yeol, confirmed plans to take a position $6.9 billion to prop up the native AI ecosystem and deepen the expertise pool.

The nation can be specializing in use instances associated to public providers, with insiders hinting at a $526 million funding. One report revealed that the fund will likely be earmarked to assist as much as 18 AI use instances in well being, schooling, leisure, and inner authorities processes.

To ensure that synthetic intelligence (AI) to work proper throughout the regulation and thrive within the face of rising challenges, it must combine an enterprise blockchain system that ensures knowledge enter high quality and possession—permitting it to maintain knowledge protected whereas additionally guaranteeing the immutability of knowledge. Take a look at CoinGeek’s protection on this rising tech to be taught extra why Enterprise blockchain would be the spine of AI.

Watch: Is it the time to make use of blockchain tech?

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