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SM Entertainment founder pushes for artificial intelligence and blockchain adoption in K-pop
As the South Korean government continues to invest in the development of artificial intelligence (AI) systems, a K-pop pioneer is amplifying calls for industry-wide adoption of the technology.
According to a relationship of the Korea Herald, Lee Soo-man, founder of SM Entertainment, urged industry participants to increase the adoption parameters of artificial intelligence in the creative sector. The music veteran expressed his views during a keynote speech at the annual gathering of the International Confederation of Societies of Authors and Composers.
In his speech, Lee argued that artificial intelligence has the potential to spark new creative enthusiasm in the South Korean entertainment space, providing new strategies for fans to connect with their favorite creators and idols.
“AI and chatbot technologies are changing the way creators and consumers communicate at the speed of light,” said Lee. “AI will help K-pop connect with its fans around the world.”
Lee added that songwriters can leverage generative AI to assist in the songwriting process, while public relations teams can rely on offers to keep consumers in the loop. According to him, artificial intelligence could be the final piece of the puzzle to give K-pop a competitive edge over its global competitors.
While his speech highlighted a number of positive aspects of AI, Lee said challenges also plague the large-scale adoption of AI in South Korea. The veteran raised alarm over rising cases Of copyright infringement by AI developers and distribution of illegal content.
Lee revealed that AI puts creators at a significant disadvantage in terms of economic losses, with AI companies reaping a fortune from intellectual properties belonging to artists, composers and writers. Other downsides arising from AI include the risks of data leaks and misinformation from bad actors through deep fakes.
To solve the challenges, the K-pop legend urged stakeholders to look towards blockchain, calling for the integration of both technologies. South Korea has significant experience with blockchain, but Lee says seamless integration will only be possible by establishing minimum operational standards.
“If standards for (blockchain) smart contract systems related to content royalties, licensing management, etc. were unified globally, it would be optimal to protect the property rights of creators,” Lee said.
A strong investment in artificial intelligence
Following its significant investments in blockchain, the South Korean government appears intent on following the same path by announcing a series of large investments in artificial intelligence. In April, South Korean President Yoon Suk Yeol confirmed the investment plans 6.9 billion dollars to support the local AI ecosystem and broaden the talent pool.
The country is also focusing use cases related to public services, with insiders suggesting an investment of 526 million dollars. A report revealed that the fund will be earmarked to support up to 18 AI use cases in internal healthcare, education, entertainment and government processes.
For artificial intelligence (AI) to function within the law and thrive in the face of growing challenges, it must integrate an enterprise blockchain system that ensures the quality and ownership of data input, allowing it to keep it secure while ensuring immutability. of data. Check out CoinGeek’s coverage about this emerging technology to learn more because enterprise blockchain will be the backbone of artificial intelligence.
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