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AI & Enterprise

SKT, KT and Kakao ready rollout of \'Everyone\'s AI\' with beta due this month

South Korea has launched the \"Everyone\'s AI\" project to help the public use AI services more easily in daily life. Three consortia led by SK Telecom, KT and Kakao plan to roll out beta services from late this month and move to a nationwide launch within the year. The science ministry outlined development plans and support measures. The government plans to spend about 250 billion won next year, including funds for GPU leasing, system operations and AI agent expansion.

AI & Enterprise

Reskilling rather than layoffs: Companies\' employment changes after AI adoption draw attention

A survey found that as AI adoption spreads, companies tend to retrain existing employees or hire workers needed to use AI rather than conduct mass layoffs. The New York Fed surveyed firms in New York and northern New Jersey. Over the past six months, 4 percent of service firms using AI said they laid off staff because of AI, while manufacturing reported no AI-related layoffs. Training and limited investment were common.

AI & Enterprise

AI token price index hits record low amid intensifying competition

A key benchmark tracking prices for AI tokens hit a record low this week, a sign that the downtrend is continuing as competition intensifies in the AI industry, CNBC reported. SiliconData’s LLM Token Spend Index fell to 97 cents on Aug. 31, its lowest level since the index was launched late last year and more than halved from a summer peak. Falling token prices reduce chatbot costs but can weaken developers’ pricing power.