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President Shin Speaks on Closing the Skills Gap at the WEF
(President Shin poses (far right) with the National University of Singapore President Tan Eng Chye (center) along with Distinguished Professor Sang Yup Lee in Davos last week.) President Sung-Chul Shin shared his ideas on how reskilling is a critical element of growth, dynamism, and competitiveness for countries during a session titled “Closing the Skills Gap: Creating a Reskilling Revolution” at the World Economic Forum on January 24 in Davos. While discussing a reskilling imperative alongside French Labor Minister Muriel Penicaud, he presented how the Korean government and KAIST are responding to the socio-economic transformation of workforces in the Fourth Industrial Revolution. After their presentation, Minister of Economy and Enterprise of Spain Nadia Calvirno Santamaria, Minister of Commerce and Industry of Oman Ali bin Masoud bin Ali Al Sunaidy, and Minister of Petroleum and Natural Gas, Skill Development, and Entrepreneurship of India Dharmendra Pradhan shared their views on the course of decision making regarding the proactive practices and policies they have applied for closing the gaps from their countries’ perspectives. President Shin presented how to upskill and reskill SMEs and startups, the real players who will jumpstart the economy in the Fourth Industrial Revolution. He explained that the government is striving to change the existing structure of the economy, which is dominated by a few giant conglomerates. He added that the Korean government is trying to support SMEs and startups in terms of both funding and technology reskilling in order to rejuvenate the economy. To better align itself with the government’s efforts, KAIST has introduced SME 4.0. SME 4.0 proposes to innovate the production process through the creation of a partnered platform between KAIST and SMEs across the country. With this platform, KAIST assists local SMEs for standardizing and systemizing all their processes of production, delivery, and management with enterprise resources planning (ERP) and manufacturing execution systems (MES). In addition, SME 4.0 offers retraining and re-tooling programs by linking the data generated through this platform in real time to better facilitate SMEs’ smart business. (President Shin shakes hands with H.E.Mohammed Al-Tuwairi, Minister of Economy and Planning of Saudi Arabia before holding a bilaterla meeting in Davos.) President Shin also explained about upskilling the leading corporations’ technological competitiveness, partnering with major leading corporations for upskilling their advanced technologies. He also held a series of bilateral meetings with dignitaries attending the WEF annual meeting to discuss partnerships and collaborations. He also attended the Global University Leaders Forum (GULF), a community composed of 28 presidents from the world’s top universities on January 23. President Shin, who is on the advisory board of the Center for Fourth Industrial Revolution (C4IR), also participated in the board meeting and discussed the upcoming launching of the Korea C4IR, which will open at KAIST in March.
President Shin Presents Opportunities & Challenges of the 4IR at the Summer Davos Forum
(President Shin makes a keynote speech at the 2018 Summer Davos Forum in China on Sept.20.) KAIST co-hosted the Asia Session with the World Economic Forum during the 2018 Summer Davos Forum in Tianjin, China from September 18 through 20. The session highlighted regional collaboration in Asia to promote inclusive growth in the Fourth Industrial Revolution. KAIST is working closely with the WEF to take the lead in the Fourth Industrial Revolution. Last July, KAIST established the Fourth Industrial Revolution Information Center (FIRIC) at the KAIST Institute and signed an MOU with the Center for the Fourth Industrial Revolution (C4IR) at the WEF in October. The session is a follow-up event KAIST and the C4IR agreed to last year during the Roundtable Session held in Seoul. Many experts in new emerging industries as well as many project directors, including Director Murat Sonmez of the C4IR, attended the session KAIST hosted. Director Chizuru Suga at the C4IR in Japan, Director Danil Kerimi in China, and Director Shailesh Sharda in India also attended the session and discussed ways to expand collaboration and networks among the countries. In his keynote speech at the session on September 20, President Sung-Chul Shin presented how the Korean government is trying to drive the economy by strategically investing in focused industries in the new global industrial environment. President Shin introduced the government’s strategic roadmap to build the competitiveness of emerging technologies such as AI, blockchain, and precision medicine. He also stressed that the three components of innovation, collaboration, and speed should be prioritized in all sectors for the successful realization of the Fourth Industrial Revolution. For instance, innovation in education, research, and technology commercialization, expansive domestic and international collaboration beyond the private and public sectors, speedy deregulation, and efficient governance will all be critical. He also said that KAIST will launch new pilot collaboration projects along with the WEF soon. “We paved the way for leading the network with major countries including Japan and India for advancing the Fourth Industrial Revolution through this session,” President Shin said.
Adding Smart to Science Museum
KAIST and the National Science Museum (NSM) created an Exhibition Research Center for Smart Science to launch exhibitions that integrate emerging technologies in the Fourth Industrial Revolution, including augmented reality (AR), virtual reality (VR), Internet of Things (IoTs), and artificial intelligence (AI). There has been a great demand for a novel technology for better, user-oriented exhibition services. The NSM continuously faces the problem of not having enough professional guides. Additionally, there have been constant complaints about its current mobile application for exhibitions not being very effective. To tackle these problems, the new center was founded, involving 11 institutes and universities. Sponsored by the National Research Foundation, it will oversee 15 projects in three areas: exhibition-based technology, exhibition operational technology, and exhibition content. The group first aims to provide a location-based exhibition guide system service, which allows it to incorporate various technological services, such as AR/VR to visitors. An indoor locating system named KAILOS, which was developed by KAIST, will be applied to this service. They will also launch a mobile application service that provides audio-based exhibition guides. To further cater to visitors’ needs, the group plans to apply a user-centered ecosystem, a living lab concept to create pleasant environment for visitors. “Every year, hundred thousands of young people visit the National Science Museum. I believe that the exhibition guide system has to be innovative, using cutting-edge IT technology in order to help them cherish their dreams and inspirations through science,” Jeong Heoi Bae, President of Exhibition and Research Bureau of NSM, emphasized. Professor Dong Soo Han from the School of Computing, who took the position of research head of the group, said, “We will systematically develop exhibition technology and contents for the science museum to create a platform for smart science museums. It will be the first time to provide an exhibition guide system that integrates AR/VR with an indoor location system.” The center will first apply the new system to the NSM and then expand it to 167 science museums and other regional museums.
KAIST Unveils Vision 2031, a Blueprint for KAIST's Future
(Participants at the Vision 2031 Declaration Ceremony pose after the ceremony on March 20.) KAIST presented a blueprint for KAIST’s future, “Vision 2031” looking toward its 60th anniversary. The strategic development plan for a “Global Value-Creative Leading University” aims at being one of the top universities in the world by the year 2031. Unveiling its 2031 Vision, KAIST President Sung-Chul Shin presented the three-stage, five-year action plan during a ceremony held on March 20. He stressed that innovation in the five pillars of education, research, technology commercialization, globalization, and future strategy will further advance the excellence of KAIST, to help it become a trailblazer in Korea and beyond. President Shin said that Vision 2031 holds a special meaning, as the full support of the KAIST community was garnered to complete this shared vision for KAIST. Approximately 140 members of the Vision Committee participated in the brainstorming process over the past ten months for reaching this vision. The committee went through consensus building procedures of public hearings engaging all of the stakeholders on campus as well as outside experts. The committee published “Vision 2031: KAIST’s Future Report” this month, detailing the action plan of innovation strategies for reaching its new vision as well as an expanded budget funding plan to secure 2 trillion KRW by 2031, up from the current 860 billion KRW. First, in education, KAIST will foster creative leaders who will translate the knowledge created by science and technology into social values. In research, KAIST will conduct research projects to address both national and global challenges. KAIST will pursue becoming an entrepreneurial university that will enrich its technological value. In globalization innovation, KAIST will move forward to serve as a world bridge. Lastly, KAIST will steer toward the ‘What’ (problem definition) over the ‘How’ (problem solving) for addressing challenges in pursuing future strategy innovation. The ceremony was held in Chung Kunmo Hall, in the newly opened the Academic Cultural Complex, with an attendance of more than 300 distinguished guests including global leaders in higher education, government, and industry, as well as from KAIST community. Noted participants from abroad included KAIST President’s Advisory Council members such as Former President of ETH Zurich Rlaph Eichler, President of HKUST Tony Chan, President-elect Kazuya Masu of the Tokyo Institute of Technology, Former President of the National University of Singapore Tan Chorh Chuan, Nobel laureate Professor Kurt Wuthrich of the Scripps Research Institute, and Professor Klaus von Klitzing from the Max Planck Institute for Solid State Research. Former KAIST Presidents including Dr. Nam-Pyo Suh, Chairman of JoongAng Holdings Seok-hyun Hong, Elsevier Chairman Youngsuk Chi, KISWE Mobile Executive Chairman Jeong H. Kim also attended the ceremony. In honor of the Vision 2031 declaration, KAIST is hosting 25 events during Vision Week from March 19 to 23 across the campus including academic forums, distinguished lectures, exhibits, and a coding challenge, among others. The opening of the Academic Cultural Center, an iconic building accommodating the new library, Cultural Building, and Vision Hall, launched Vision Week on Monday, March 19. KAIST also dedicated Chung Kunmo Hall in the Academic Cultural Complex, a 300-seat capacity multi-purpose hall in honor of Professor Keun-Mo Chung, who played an instrumental role in founding KAIST in 1971. Professor Chung submitted the proposal to US Aid to establish KAIST in 1969. US Aid asked the vice-president of Stanford University at the time, Frederick Terman, to conduct a feasibility study on the establishment of KAIST. The Terman Report, approving the founding of KAIST, was published in 1970 and KAIST was founded the next year. Following the dedication of Terman Hall in 2004, KAIST has now inducted its two founding figures. “We had the guidebook of the Terman Report back then. We faithfully accomplished the initial mission and goals the Terman Report contained. At this critical juncture of the new global environment, we need to establish a new vision to continue to develop. As much as the Terman Report drove us to our current success, I hope the Vision 2031 KAIST Future Report will advance KAIST to its new chapter,” President Shin said. Stressing that the ideal KAISTian is defined by the 3C spirit: Challenge, Creativity, and Caring, President Shin said, “Members of KAIST are expected to embrace challenges, generate creative ideas, and care for others. By recommitting to the five innovation strategies equipped with the KAIST spirit, KAIST will emerge as one of the top universities of science and technology by the year 2031 and contribute to the happiness and prosperity of humankind. I hope KAIST will be a great source of pride for Koreans and lay the foundation for Korea to take the lead in the age of the Fourth Industrial Revolution.”
Blockchain and Cryptocurrency: Between Reality and Virtuality
A workshop on blockchain and cryptocurrency, one of the 4th Industrial Revolution Workshop Series, was held at the KAIST main campus on March 7. Experts from industry, academia, and research gathered and shared their opinions about blockchain technology, which is currently gaining huge attention along with cryptocurrency. During the workshop, four KAIST professors and four experts from institutes and business examined the scope on the possibility of blockchain, technology for the Fourth Industrial Revolution. Moreover, they discussed a variety of issues including mining, wallets, cryptocurrency, information security, smart contracts, and ICOs. In a previous blockchain tutorial, Professor Yongdae Kim from the School of Electrical Engineering at KAIST and Professor Hyoungshick Kim from Sungkyunkwan University opened up a blockchain tutorial which provided a technical understanding of blockchain, such as the birth of cryptocurrency, algorithm design, and exchange methods. Professor Jungho Kim, who is in charge of this event, said, “This workshop will broaden the understanding of blockchain, which can provide a foundation for a national growth engine.”
KAIST to Host the THE Innovation & Impact Summit in 2019
KAIST and Times Higher Education (THE) agreed to co-host the THE Innovation & Impact Summit at KAIST from April 1 to 3, 2019. Global leaders from higher education, government, and industry will gather at KAIST to discuss how universities can better innovate for creating a greater impact. (from left: THE Managing Director Trevor Barratt and KAIST President Sung-Chul Shin) President Sung-Chul Shin and Trevor Barratt, managing director at the THE, signed an agreement to host the 2019 THE Innovation & Impact Summit at KAIST next April. The agreement was signed on February 6 during the THE Asia Universities Summit held at SUSTech in Shenzhen in China. Phil Baty, editorial director at the THE was also present during the agreement. By hosting the 2019 THE Innovation & Impact Summit, KAIST has a chance to introduce its innovative research and performance and its educational environment and startup ecosystem to the world. Having educational and industrial leaders meet at KAIST will add more power to the global status and capacity of KAIST. The THE Innovation & Impact Summit, first held in 2017, is one in the seven presidential summit series held by THE. During the second summit at KAIST, THE will launch their world university innovation rankings for the first time. As innovation at universities and its impact have been a crucial indicator in building an institutional brand and reputation, leading universities are gearing up to encourage startups and entrepreneurship education. Even more, innovation at universities is emerging as one of the growth engines of economies. The innovation indicators of KAIST have been highly recognized by many global ranking institutions in terms of the volume of patents and the patents-to-article citation impact. Thomson Reuters has recognized KAIST for two consecutive years as the most innovative university in Asia, and sixth in the world. President Shin has high expectations for the hosting of the Innovation & Impact Summit at KAIST. He explained, “Innovation makes up the DNA of KAIST and it has been our institutional mission from the start in 1971. KAIST was commissioned to make innovation for industrialization and economic development through education and research. I do not see any university more suitable than KAIST to host this innovation summit. I hope the summit at KAIST will serve as a global platform to provide very creative ideas for making innovation and collaboration among the leading universities for all the participants.” Meanwhile, at the THE Asia Universities Summit in Shenzhen, how to respond to the implications of the Fourth Industrial Revolution was the key agenda piercing the two-day sessions. As a panelist, President Shin shared his experiences on innovative strategies viable for spearheading university reform for the Fourth Industrial Revolution, along with Vice-Chancellor of the University of Sheffield Sir Keith Burnett, President of Monash University Margaret Gardner, and President of Hong Kong Polytechnic University President Timothy W. Tong. He said that universities should foster young talents by equipping them with creativity, collaboration, and convergent minds. To swiftly respond to the new industrial environment, President Shin said that universities should remove the high barriers between departments and establish cross- and inter-disciplinary education systems, convergence research and technology commercialization.
President Shin Reaffirms Innovation Initiatives in New Year Speech
(President Shin and representatives of faculty, students, staff celebrate the New Year in a reception held on January 2 at the auditorium.) The KAIST community gathered to celebrate a fresh start for the year 2018. At the ceremony, held in the auditorium on January 2, members of KAIST community reaffirmed their commitment to be the trailblazers of Korea and beyond through unwavering innovations. President Sung-Chul Shin presented his new vision and plan in his New Year speech, which focused on innovation for enhancing institutional competitiveness and global visibility. He said that as you are the future of KAIST, KAIST is the future of Korea. KAIST’s vision for a better future will have a significant impact on national progress and beyond. He stressed that innovation in the five pillars of education, research, technology commercialization, globalization, and future strategy will further advance the excellence of KAIST. At the ceremony, President Shin also presented the award for ‘the KAISTian of the Year’ to Professor YongKeun Park of the Department of Physics. The annual award recognizes a distinguished professor whose academic accomplishments made the most significant impact. In his New Year speech, President Shin said that the year 2018 will provide an opportunity to take a leap forward for becoming a ‘Global Value Creative, World-Leading University. The Vision 2031 Committee endorsed the five innovation initiatives to fulfill KAIST’s long-term vision and will open its recommendations to the public on March 20. Educational innovation tops the initiatives. President Shin explained that the future of Korea is in the hands of talented individuals in science and technology, emphasizing the need to nurture creative, transdisciplinary talents with the capacity to enhance the social value of science and technology. To this end, KAIST will establish a new undergraduate non-departmental program for transdisciplinary education. This plan will eventually provide students with more options in choosing their major, as well as help students build a strong foundation in basic science and engineering and encourage multidisciplinary approaches. For creating an innovative institutional research infrastructure, KAIST plans to build a Network of Excellence for the Fourth Industrial Revolution (NExFire) for convergence research. The plan of ‘Cross-Generational Collaborative Labs,’ will bring out a new collaboration platform by pairing up senior and junior faculty. President Shin said it will be a stepping stone to extend the spectrum of knowledge without any cessation. For technology commercialization, KAIST will maximize its intellectual property and economic value by stimulating technology-invested companies and startups. Close cooperation with venture capitalists at home and abroad will further accelerate the commercialization drive at KAIST. Saying that the globalization is no long an option but a necessity, he stressed KAIST will strengthen its efforts to established a bilingual campus. “KAIST will make every effort to create a more welcoming and comfortable atmosphere for the international community and their families. We will expand benefits to our international community, such as access to the KAIST Child Care Center and collaboration with the Taejon Christian International School (TCIS),” he said. President Shin added he will further expand global networks and partnerships this year, participating in a diverse range of international events at home and abroad for increasing global visibility. He also said that well-designed future strategies will complete innovation initiatives. The Future Strategy Research Center will serve as a think tank for identifying future agendas, establishing strategies and advocating for them. In addition to the five innovation initiatives, President Shin emphasized a new organizational culture that embraces inclusiveness and mutual respect among all of the members of KAIST. “So far, the ideal qualifications expected of KAISTians have included creativity and a challenging spirit. From now on, we will nurture talents with a focus on the 3Cs: Creativity, Challenge, and Caring. I would like to make a campus in which all members care for each other to help attain mutual growth with warmth and respect," he said. For the full text, Click
MoU by KAIST-Seoul-Seocho-gu for the 4th Industrial Revolution
The opening ceremony of the Yangjae R&CD Innovation Hub was held in Seoul on December 5. More than 400 guests came to the ceremony from major institutes and companies that are based in the hub. KAIST President Sung-Chul Shin, the Mayor of Seoul, Won-soon Park, and the Mayor of Seocho-gu, Eun Hee Cho, signed an MoU for Seoul to be the leading city for successfully realizing the Fourth Industrial Revolution. The three organizations aim to cooperate with one another in various areas, including an economic boost for local job creation, technology development, and the promotion of projects through an industry-academia-institute network and fostering manpower. Yangjae R&CD is the first facility specializing in and dedicated for Artificial Intelligence, which is the major topic of the Fourth Industrial Revolution. The hub is comprised of enterprises specializing in AI, open co-work spaces, conference rooms, an open networking lounge, and spaces for fostering professional manpower. The hub will recruit additional enterprises and individuals who wish to move in. KAIST, an institute containing professors and researchers in the field of AI, and Modulabs, an organization becoming distinguished in AI research, will be in charge of operating the facility together. The Yangjae R&CD Innovation Hub will operate a professional training program with participation from KAIST professors, which aims to produce 500 professionals in AI research and development by 2020. It will also provide inexpensive space as well as consultations and venture capital to startup and venture companies. It plans to find and foster 50 innovation companies by 2020. In particular, the hub will operate a course for new AI business models 24 times over three years. The hub also offers job consultations, academic conferences, public space for companies residing in the hub, a free GPU cluster server, technical training, seminars, forums, investment attraction, overseas expansion, and one-to-one technical consultations. The Yangjae R&CD Zone is the place established for the Fourth Industrial Revolution by Seoul. R&CD is a concept combining Research and Development, Connection, Companies, Community, and Culture. Seoul aims to create the Yangjae Zone as an urban innovation hub for facilitating industry-academia linkage as well as establishing a startup-settlement-growth technical ecosystem.
Seoul Climate-Energy Conference Seeks Global Sustainability
(President Shin and Former UN Secretary General at the Seoul Climate Change-Energy Conference) Global leaders from both the private and public sectors discussed creative ways to seek inclusive green growth and sustainable development at the Seoul Climate-Energy Conference on November 24 in Seoul. The annual conference was co-hosted by KAIST and the Coalition for Our Common Future under the theme “Creating New Momentum for the Paris Agreement and a Sustainable Future.” More than 100 global leaders participated in the forum including the Director General Frank Rijsbermanof the Global Green Growth Institute and Executive Director Howard Bamsey of the Green Climate Fund. Former UN Secretary-General Ban Ki-Moon, who played a significant role in the signing of the Paris Agreement, was the keynote speaker. This year’s conference focused on Korea’s low carbon-energy transition and the Fourth Industrial Revolution to be aligned with green growth. At the conference, speakers and participants reviewed the progress of the decisions made by the UN Framework Convention on Climate Change (UNFCCC) COP23 in Bonn, Germany. The conference discussed topics of global collaboration for new climate regimes, green energy infrastructure, the Asia super grid, financing green energy, smart green cities, and new mobility. President Sung-Chul Shin emphasized global action and greater resilience toward climate change in his opening remarks. He said, “Today’s climate change can be attributed directly to the past three industrial revolutions. As industrialization continues, we must not make future generations pay the cost of this Fourth Industrial Revolution.” He explained that it is increasingly complicated to address climate change and energy issues because even though the use of energy consumption will continue to increase, energy policies are interwoven with global politics. He stressed three keywords to better address this global problem: innovation, collaboration, and speed. First he emphasized innovation as a priority for future success as it is hard to retain confidence without innovation. He noted KAIST has made sustainability initiatives in the fields of EEWS (energy, environment, water, sustainability) and green mobility. He also noted the importance of collaboration as industries are moving beyond a single discipline. KAIST is making collaborations in R&D and sustainability sectors, such as Saudi Aramco’s CO2 management center in KAIST. Finally, he explained that the speed of new transformation will be beyond our imagination, and governments should work efficiently to address issues in a fast manner. Meanwhile, Secretary-General Ban called for global unity in addressing climate change. He strongly emphasized that countries should make agreements not of willingness but of action, and that politicians should realize that this global agenda should be given top priority above domestic politics. He addressed how the world is experiencing the most powerful and destructive effects of climate change which makes active participation in the Paris Agreement increasingly important. He expressed his concern that the richest and most powerful countries are backing off, emphasizing the role of these countries as both global leaders and top producers of CO2. He also shared his hopes that the OECD will continue to work to fill the absence of the United States, and stressed the importance of acquiring 10 billion USD by 2020 to fund mitigation and adaptation technologies for developing countries’ CO2 emissions. Click for President Shin's opening remarks
WEF-KAIST to Host a Forum Next April in Korea
(President Shin poses with Chairman Schwab at the meeting in Dubai) President Sung-Chul Shin and Executive Chairman Klaus Schwab of the World Economic Forum agreed to co-host the Fourth Industrial Revolution Forum next April in Seoul during a meeting at the WEF Global Future Councils 2017 held in Dubai November 11-12. Next April’s forum will be a follow-up event of the roundtable discussion KAIST and the WEF Center for the Fourth Industrial Revolution co-hosted in October in Seoul. The two hosted the roundtable discussion titled “Mastering the Fourth Industrial Revolution: The Future of Jobs and Inclusive Growth in Korea.” During the annual meeting in Dubai, Chairman Schwab expressed his deep appreciation to President Shin for hosting the roundtable discussion and proposed a full-fledged forum in partnership with KAIST once again, which Chairman Schwab will be scheduled to attend. Chairman Schwab emphasized once again that Korea, who has the world’s top high-end technologies such as 5G telecommunications and semiconductor memory, will be the best fit to realize the Fourth Industrial Revolution most rapidly. He also expressed his great interest in the city of Daejeon in which is being considered to become the Special City for the Fourth Industrial Revolution. The Global Future Council of the WEF is the interdisciplinary knowledge network dedicated to promoting innovative thinking on the future. The annual council convenes in Dubai the most relevant and knowledgeable thought leaders from academia, government, business, and civil society to challenge conventional thinking and develop new insights and perspectives on key global systems, as well as the impact and governance of key emerging technologies. This year, more than 850 world-leading experts from 74 countries participated. Under the theme of ‘Vision 2030,’ participants explored systematic changes in key areas such as energy, mobility, and infrastructure while reflecting on the impact of technological breakthroughs in artificial intelligence, biotechnology, and other areas related to the Fourth Industrial Revolution.
KAIST-WEF Roundtable on Inclusive Growth and Job Creation
The World Economic Forum (WEF) will join KAIST in an effort to address sweeping global problems in the wake of the Fourth Industrial Revolution. The two will co-host a roundtable on ‘Shaping Korea’s Priorities for Inclusive Growth and Job Creation in the Fourth Industrial Revolution’ on October 13 at Lotte Hotel in Seoul. The roundtable will bring together leaders from government, industry, universities, and non-profit civic organizations to have an in-depth discussion on a thought-provoking agenda of inclusive growth and job creation which scientific and technological changes will bring about. The event will provide a platform to explore practical collaboration and innovative strategies for better job creation and innovation ecosystems. The two will also sign an MOU for collaboration between the Fourth Industrial Revolution Information Center (FIRIC) of KAIST and the WEF Center for the Fourth Industrial Revolution (C4IR). President Sung-Chul Shin of KAIST and the Head of the WEF Center for the Fourth Industrial Revolution, Murat Sonmez, will lead the panel discussion titled ‘Inclusive Growth and the Fourth Industrial Revolution’ which will be attended by leaders from government, industry, and non-profit civic organizations. At the breakout sessions, the topics will be “Future Jobs” and the “Creation of Innovation Ecosystems”. Additionally, a discussion on the “SME 4.0 Initiative”, which is a program pushed forward by KAIST in collaboration with local governments, will talk about job creation through innovation in small and medium-sized enterprises (SMEs). The WEF will introduce their two-year activities and research on the Fourth Industrial Revolution, which have great potential and a high possibility of successfully undergoing the revolution, to Korea. Since WEF Executive Chairman Klaus Schwab brought up the topic of the Fourth Industrial Revolution, the WEF has been leading agenda topics and discussions on high-profile matters, including ‘technology-driven but human-centered inclusive growth’ in predicting the future of jobs. The WEF is a nonprofit organization committed to addressing the world’s weightiest problems. It is best known for its annual meetings in Davos, Switzerland, which attracts leaders from around the world. KAIST has been participating in this summit since 2009. President Shin will also attend the upcoming Davos summit next January. Distinguished Professor Sang Yup Lee who heads the KAIST Institute and the FIRIC is the co-chair of the Global Council on Biotechnology and a member of the Global Future Council on the Fourth Industrial Revolution at the WEF. Moreover, President Shin and Mr. Sonmez will explain the background of the roundtable and share the results of the sessions at a joint news conference.
KAIST to Participate in the Summer Davos Forum
KAIST will participate in the 2017 Summer Davos Forum in Dalian, China from June 27 to 29. The Summer Davos Forum with the official title “Annual Meeting of New Champions” is an annual international meeting co-hosted by China and the World Economic Forum (WEF) to address global issues which has been held since 2007. Focusing on this year’s theme ‘Achieving Inclusive Growth in the Fourth Industrial Revolution,’ science and technology experts from 90 different countries will participate in various sessions to present on and discuss pending global innovative issues. KAIST is to be the only Korean university to run ‘IdeasLab,’ in which researchers will introduce current research trends and discuss ideas with global leaders. This is the sixth year for KAIST to run IdeasLab. This year’s IdeasLab has the theme ‘Materials of the Future,’ and will include presentations and discussions on materials developed at KAIST which could lead the Fourth Industrial Revolution. President Sung-Chul Shin, the chairman of the session, will first introduce the current status of KAIST and IdeasLab, followed by a presentation of cutting-edge integrated research findings by KAIST professors. President Shin will also participate in various sessions organized by the Global University Leaders Forum (GULF) as discussion leader. President Shin is the only Korean member of GULF, a community comprised of the presidents of the world’s top 27 universities. Other members include the presidents of the University of Oxford and the University of Cambridge in the U.K., MIT, Harvard, Stanford, and Columbia Universities in the US, and the University of Tokyo in Japan. Further, President Shin will participate in a strategy session for inclusive growth in the era of the Fourth Industrial Revolution and a meeting with the WEF directors. The Dean of KAIST Institutes, Distinguished Professor Sang Yup Lee from the Chemical and Biomolecular Engineering Department, who has been invited to the Davos Forum and Summer Davos Forum for the last 15 years, is to present in the ‘Future of Life: Medicine’ session to introduce advancements in traditional medicine through systems biology such as his research on microbiomes (gut microbes). Professor Lee, as the chair of the Global Future Council on Biotechnology at the WEF, and committee member of the Annual Meeting of the Global Future Councils on the Fourth Industrial Revolution, is to participate in various bio-sessions and the Fourth Industrial Revolution banquet session to lead the discussions. President Shin said, “KAIST has been sharing global research findings with global leaders through IdeasLab at the Davos Forum for the past six years and it has always been well received.” He continued, “The forum will be the place for in-depth discussion on the technological changes that accompany the Fourth Industrial Revolution and human-centered development plan, as well as introducing innovative research and integrated research findings from KAIST.” This year’s speakers include Li Keqiang, the current Premier of the State Council of China; Guo Ping, the rotating C.E.O. of Huawei; and Ya-Qin Zhang, the President of Baidu, a company leading technological innovation in various fields such as robotics and autonomous vehicles. Two thousand distinguished guests in politics, administration, finance, and academia from 90 countries are to participate in the meeting.
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