Korea among steady contenders in global AI market: report

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Korea is among steady contenders in the global artificial intelligence (AI) market that have relatively high exposure to AI and readiness for its adoption but lag behind pioneers in the field, a report showed Wednesday.

The Boston Consulting Group classified Korea as one of 24 "steady contenders" in AI, along with France, Germany and Japan, in its latest report on the AI maturity of 73 global economies.

Steady contenders are a secondary group with high exposure to AI and readiness for the technology, following the group of pioneers that lead the global AI market, which are the United States, Canada, China, Britain and Singapore.

The report recommended AI contenders to specialize in niche AI markets and address emerging ethical questions related to the fast-evolving technology to strengthen their presence in the field. (Yonhap)