President Lee Jae-myung is delivering a keynote speech at the opening ceremony of the APEC CEO Summit held at Gyeongju Arts Center in Gyeongbuk on the 29th. /Courtesy of Yonhap News

President Lee Jae-myung said in a special speech at the opening ceremony of the "APEC CEO summit" held at Gyeongju Arts Center in North Gyeongsang on the 29th, "Korea will propose an artificial intelligence (AI) initiative at this APEC summit," adding, "We hope the AI vision for all will take root as APEC's new normal."

Lee mentioned Cheomseongdae in Gyeongju. Lee said, "Like Cheomseongdae, which read the movement of stars based on data, AI will also become the engine of intellect," adding, "In Sept., Korea formed the AI Strategy Committee to make extensive preparations to welcome AI and is also working on building an AI highway."

Lee emphasized, "To achieve shared prosperity, we must also work hard to distribute the fruits of growth evenly." Lee said, "Through the Jeju initiative adopted in Sept., we launched the APEC Start - Up Alliance that supports the growth of Jeju corporations," adding, "Korea will continue to fulfill its role as a 'leading nation' that generously shares its experiences of economic growth and development."

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