Staying with that meeting.
President Moon pledged the government will
invest more in technologies linked to the
4th Industrial Revolution... the likes of
IoT or Internet of Things and Big Data.
Kim Ji-yeon shares with us the committee's
initial blueprint.
The Committee on the Fourth Industrial Revolution
will focus on the convergence of smart technologies,...
which have the potential to raise the country's
competitiveness in new industries and create
new jobs.
In the manufacturing sector,... it plans to
expand smart factories, support the development
of industrial robots and accelerate the use
of 3D printers in manufacturing.
The committee also aims to provide higher
quality service by incorporating artificial
intelligence and robots in the medical field,...
and build big data centers to help facilitate
an environment where data can be readily exchanged
and utilized.
Another aim of the committee is to make Korea
the world's first country to commercialize
5G internet connectivity -- a necessity in
the era of the Internet-of-Things where everything
is connected to the web.
To do all this, the committee says it will
boost R-and-D funding... and push for deregulation
so that companies engaged in new industries
can freely test their innovative ideas, products
and services.
The committee will be divided into technology,
social innovation, and management teams, and
will convene every three months,... with more
regular meetings if the chairperson, a private
expert in related fields, deems it necessary.
Kim Ji-yeon, Arirang News.
