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Choi Tae-won of SK says AI can cut costs of measuring value, stresses performance-based incentives

Choi Tae-won (최태원), chairman of SK Group, said scaling solutions to social problems requires a compensation system based on results, not budgets and publicity. Speaking in Seoul at the first session of the Ecosystem Leadership Exchange, he also stressed the importance of accurately measuring social value and said advances in AI can help address the high transaction costs of precise measurement. He called for performance-based incentives and promoted the social performance incentive model.

AI & Enterprise

RLWRLD partners with three South Korean robotics, simulation firms on physical AI

Physical AI company RLWRLD said on Thursday it signed separate MOUs with three South Korean robotics and simulation startups - PhysicsSimLab, Space AI and NdotLight. RLWRLD plans to upgrade DexBench, an open-source benchmark being developed with Nvidia to assess whether robots can perform complex tasks using their hands in industrial settings. NdotLight will build simulation assets, PhysicsSimLab will create a digital twin environment, and Space AI will develop tracks for deformable or fragile objects.

AI & Enterprise

Hitachi Vantara\'s U.S. Norman manufacturing site named WEF Lighthouse factory

HS Hyosung Information Systems said Hitachi Vantara\'s storage manufacturing facility in Norman, Oklahoma, has been selected as a World Economic Forum Lighthouse factory. Lighthouse factories are manufacturing sites that deliver innovative results in productivity, supply chain resilience and sustainability using technologies such as AI and robotics. HS Hyosung said the site runs an end-to-end digital manufacturing and supply chain hub and cut lead time by 77 percent and inventory by 50 percent by applying agentic AI.