Bank of Korea: "Risk of Widening Labor Market Gap Between Capital and Non-Capital Regions Due to AI Spread"
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4 Articles
(Seoul = Yonhap News) Reporter Han Ji-hoon = The Bank of Korea... that the spread of artificial intelligence (AI) technology could act as a risk factor widening labor market disparities between domestic regions...
Analysis suggests that the spread of artificial intelligence (AI) is increasing concentration in the Seoul metropolitan area, thereby widening regional disparities. In the analysis report "AI and Regional Labor Markets" (co-authored with Deputy Manager Kim Bo-seong and Researchers Jeong Yu-jeong and Jang Su-bin), released on the 15th, Jeong Min-su, Head of the Regional Economic Research Team at the Bank of Korea, described AI as "generative," "a…
It was found that the number of employed people in jobs where generative artificial intelligence (AI) can be easily utilized increased by 247,000 over the past three years, but more than 80% of that increase was concentrated in the Seoul metropolitan area. Analysis suggests that as AI investment and skilled personnel flock to the capital region, employment and wage gaps between regions could widen.
The Bank of Korea has analyzed that the job gap between the metropolitan area and non-metropolitan areas has widened over the past three years since the emergence of generative artificial intelligence (AI), centered on sectors highly exposed to AI.
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