[Disability Awareness Column] "The Future of People with Disabilities in the AI Revolution"

(Disability Awareness Newspaper = Choi Bong-hyeok, Columnist) [Disability Awareness Column]

"The Future of People with Disabilities in the AI Revolution - China's 10 Trillion Yuan Investment, What Changes Will It Bring?"

It has been reported that China plans to invest over 10 trillion yuan (approximately 1,900 trillion won) in artificial intelligence (AI) technology development over the next six years. This can be seen as part of the Chinese government's AI priority policy and enhanced support in response to the US-China technological competition.

China's Massive Investment in the AI Industry

Chen Liang, Chairman of China International Capital Corporation (CICC), a Chinese state-owned investment institution, said in an interview with the South China Morning Post (SCMP) on the 9th (local time), "The Chinese AI industry will be able to attract investments of over 10 trillion yuan over the next six years." This statement was made at the International China Investment Forum hosted by the Xiamen Municipal Government of Fujian Province, China, and co-sponsored by CICC. Chairman Chen Liang emphasized at the event that "China's AI market still has great growth potential and investment potential."

At this forum, it was predicted that the demand for China's AI market will reach 5.6 trillion yuan (approximately 1,000 trillion won) by 2030. This is a figure that foreshadows the deepening fusion and expansion of the AI industry across all industries, not just simple technological advancement. Currently, similar to the United States, China is experiencing an AI boom, and significant investments are being concentrated on technological development, particularly in generative AI models and large language models (LLM).

Fusion of AI Technology into Traditional Industries

AI technology is rapidly integrating into traditional industries with the aim of improving productivity, moving beyond the simple research and development stage. The medical, legal services, entertainment, transportation, and logistics sectors are prime examples. By applying AI technology, these traditional industries are enhancing the efficiency of existing business models and strengthening their competitiveness.

According to Qichacha, China's corporate data platform, over 237,000 AI-related companies were established in China in the first half of this year alone. This figure demonstrates the explosive growth of the AI industry, and the number of companies registered as AI-related companies currently stands at 1.7 million.

Government's Will to Foster AI Technology

The Chinese government continues to emphasize AI technology. In January of this year, Jin Zhuangrong, Minister of Industry and Information Technology, stated in an interview with the People's Daily, the Communist Party's official newspaper, that "AI is an innovative technology that will drive the next stage of scientific and industrial innovation." He emphasized that AI is establishing itself as a core catalyst in various fields, including research, product development, and manufacturing, and is thereby promoting the development of modern industry.

Synergy Effect of the Robot Industry and AI

Chairman Chen Liang particularly emphasized the importance of the robot industry. He stated, "China has grown into the world's largest robot market, and industrial robots produced in China account for half of global sales each year." According to a report by the International Federation of Robotics (IFR), 52% of global robot installations last year took place in China. This growth of the robot industry is occurring within the context of close interaction with the advancement of AI technology.

The advancement of AI technology is also invigorating the robot industry. At the World Robot Conference held last month, a wide variety of robots were showcased by major and small and medium-sized enterprises in China. While some of them were merely simple household vacuum cleaners, AI-based industrial equipment used in industrial settings, such as sorting medicines at pharmacies or loading and unloading goods at factories, were also introduced. These robots utilize AI models to perform more sophisticated and efficient tasks, showcasing a differentiation from traditional industrial equipment.

However, it is known that China's current robot technology still lags behind the US in terms of recent global trends, such as the development of humanoid robots. In particular, while US companies are ahead in the development and commercialization of humanoid robots, China is considered to need to work harder to catch up.

Future Prospects of AI Investment and Technological Competition

China's increased AI investment is expected to play a significant role in the technological hegemony competition between the US and China. In particular, AI technology is considered a key element in strengthening national security and economic competitiveness, and the Chinese government defines it as a strategic industry that will drive the future economy. This will further accelerate the competition for leadership in the global AI market, coinciding with the US's AI technology development and market expansion efforts.

If the large-scale capital inflow into China's AI industry over the next six years materializes, China is expected to strengthen its global competitiveness in various industrial sectors, including AI technology, robotics, medicine, logistics, and manufacturing. In this process, Chinese AI companies are likely to lead global technology trends, which will have a significant impact on the global economy.

China's AI industry is growing rapidly, driven by strong government support and massive investment from private companies. The AI field, which is expected to receive over 10 trillion yuan in investment over the next six years, will further expand its influence by deeply integrating with traditional industries such as medicine, logistics, and manufacturing.

AI Investment and Future Impact on People with Disabilities
China's increased investment in artificial intelligence (AI) technology heralds major changes across society, and is expected to have a positive impact on technological advancements for people with disabilities. As AI technology integrates with traditional industries such as medicine, logistics, manufacturing, and robotics, the quality of life for people with disabilities can significantly improve.

Key Expected Effects
Improved Accessibility: AI-based technologies support people with disabilities to live more independently and autonomously through smart healthcare, assistive devices, and automated services. For example, accessibility solutions will be provided in various fields such as voice recognition software, AI assistants for the visually impaired, and self-driving cars to enhance mobility.

Increased Employment Opportunities: As AI-powered vocational training and rehabilitation training become available, people with disabilities will have more opportunities to enter a wider range of professions. Automated robots and remote work support technologies can support this.

Bridging the Education Gap: With the emergence of AI-powered personalized education platforms, students with disabilities will be able to receive individualized learning paths without being excluded from learning.

Social Inclusion: AI-based communication technologies will facilitate communication between people with and without disabilities, contributing to the creation of an inclusive and integrated society.
Choi Bong-hyeok, Columnist
(ESG, RE100, DX, AI Convergence Expert, In-house Disability Awareness Training Expert)
• Representative of Sports People Times
• Representative of Disability Awareness Newspaper
• Director of the Korea Press Information and Communication Technology Association
• Choi Bong-hyeok's Power Blog Creation Serialization 2020 ~ 2023
• Choi Bong-hyeok's Virtual Currency Glimpse Serialization 2021 ~ 2023
• Korea Purchasing and Procurement Society (Director, Planning Committee)
• Vice Chairman of the Jang Ye-chong Culture and Arts Policy Committee

Books
•Whispers of Americano in the Morning Mist - Coffee Essay
•Disability Awareness Column - ESG Management - Disability Inclusion Policy
• 2024 Bitcoin Forecast and Fact Check
• 2024 Second Half Bitcoin Forecast
• AI Prediction - 2024 Best 13 AI Trend Forecast
• Essay on Special Exhibition of Gyeongnam Developmentally Disabled Artists
• ESG Management Column
• Dong-woo Park, Hidden Hero of US-Korea Civil Diplomacy, Deputy Assistant Secretary for Disability Policy, Obama Administration
• Cube of Flexibility - Im Jeong-eun Author, Choi Bong-hyeok Essay
• ESG, RE100 Management Column
• Breaking Through the Darkness to Open the Dawn (Planned Publication)

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