AI TRENDS | South Korea’s Finance Ministry Says It Will Speed AI Adoption in Services Sector

South Korea’s Finance Ministry said it will push regulatory reforms to accelerate the use of artificial intelligence in the services sector to strengthen competitiveness. According to Jin10, the ministry said on Monday that Finance Minister Koo Yun-cheol discussed specific measures with relevant departments. The services sector accounts for 60% of South Korea’s GDP, and its growth is critical to the overall economy. Koo said the services sector is undergoing a profound AI-driven transformation, integrating more quickly with manufacturing, promoting innovation in public services, and significantly changing daily life. He said the government will introduce measures as soon as possible to allow AI agents to conduct testing across the full shopping process, aiming to help South Korean companies lead global markets. The ministry also said the government will provide policy support for new mobility services such as urban air mobility and AI autonomous driving, and will introduce AI technologies in public services including taxation and administrative services.