The Presidential Committee on the Fourth Industrial Revolution (PCFIR) helps guide Korea through rapid technological changes like AI. It supports businesses by creating a safe space for innovation and learning from trial and error. This initiative aims to boost Korea's global competitiveness and help industries adapt to new digital challenges.
Name in original language
대통령 직속 4차 산업혁명위원회
Initiative overview
The unprecedented pace of development of AI and technologies has accelerated the Fourth Industrial Revolution, resulting in increased uncertainties and different rules of competition. - AI has reached the human cognitive level, resulting in social and economic transformations and making traditional ways obsolete, which increase uncertainties. - The key elements of competition have changed from land, labour and capital to data, human resources and smart capital, exposing almost all industries and jobs to global competition. - The PCFIR is a government-wide command center established with the aim of fostering a suitable environment for undergoing careful trial and error and taking up challenges endlessly while strengthening the role of a supportive government that helps the private sector, which is the main player of transformation and innovation.Objectives:To deliberate upon and coordinate policy measures presented by government ministries and PCFIR members.To organise public campaigns on the Fourth Industrial Revolution and encourage public participation.To prepare the groundwork for regulatory and institutional reforms in support of public-private partnerships.To foster ecosystems for new industries through Special Committee on Smart City, Special Committee on Healthcare and etc.
Name of responsible organisation (in English)
Presidential Committee on the Fourth Industrial Revolution
