Gyeongju: President Lee Jae Myung on Saturday urged the Asia-Pacific Economic Cooperation (APEC) member economies to embrace big changes driven by artificial intelligence (AI) as an opportunity to contribute to inclusive economic growth. Lee introduced South Korea’s initiative, titled “AI-Based Society for All,” during the Retreat Session of the APEC summit in the southeastern city of Gyeongju.
According to Yonhap News Agency, Lee expressed South Korea’s vision for a global AI society where people around the world can equally enjoy the benefits of technological progress. He emphasized the importance of implementing policies to realize this vision and encouraged APEC members to turn the transformation brought by AI into an opportunity.
During the session, leaders are set to adopt the “Gyeongju Declaration,” which encapsulates the outcomes of this year’s discussions, along with two documents on AI and demographic challenges. President Lee will then formally hand over the APEC chairmanship to Chinese President Xi Jinping, whose country will host next year’s summit.
Following a group photo session, President Lee is scheduled to hold a press conference in his capacity as APEC chair to brief on this year’s main outcomes.