AI to boost Korea growth, but demand remains key: S&P

S&P Global Ratings said South Korea's government-backed artificial intelligence push is likely to support economic growth over the next few years, but warned that the long-term payoff depends on whether demand ultimately matches expectations.

"The near-term impact is clearly positive because today's investment translates into capital spending and economic growth," said Kim Eng Tan, managing director of S&P Global Ratings' Asia-Pacific sovereign ratings team, in an interview with The Korea Herald ...