President Lee Jae-myung said on the 14th that "AI has already become reality, regardless of morality or what ought to be," responding to concerns that the rapid pace of artificial intelligence development has become a risk to stock markets.
Lee made the remarks while sharing a post about U.S. equities on X, formerly Twitter. The author of the post Lee cited argued that worries over the need to slow AI development for safety reasons were behind the decline in technology stocks. As the pace of technological advance quickens, the argument went, the likelihood grows that existing industries and investment logic will be shaken, and such concerns have fed through to falling share prices.
Lee called it "a good point" but added that "while we must pursue a moral AI environment, we need to prepare and respond while assuming both the worst and the best AI scenarios." He also stressed that "a crisis is an opportunity" and that "if you cannot avoid it, you must enjoy it." He added that "the future belongs to those who prepare."
