establishment
-
NYU-KAIST Global AI & Digital Governance Conference Held
< Photo 1. Opening of NYU-KAIST Global AI & Digital Governance Conference >
In attendance of the Minister of Science and ICT Jong-ho Lee, NYU President Linda G. Mills, and KAIST President Kwang Hyung Lee, KAIST co-hosted the NYU-KAIST Global AI & Digital Governance Conference at the Paulson Center of New York University (NYU) in New York City, USA on September 21st, 9:30 pm.
At the conference, KAIST and NYU discussed the direction and policies for ‘global AI and digital governance’ with participants of upto 300 people which includes scholars, professors, and students involved in the academic field of AI and digitalization from both Korea and the United States and other international backgrounds. This conference was a forum of an international discussion that sought new directions for AI and digital technology take in the future and gathered consensus on regulations.
Following a welcoming address by KAIST President, Kwang Hyung Lee and a congratulatory message from the Minister of Science and ICT, Jong-ho Lee, a panel discussion was held, moderated by Professor Matthew Liao, a graduate of Princeton and Oxford University, currently serving as a professor at NYU and the director at the Center for Bioethics of the NYU School of Global Public Health.
Six prominent scholars took part in the panel discussion. Prof. Kyung-hyun Cho of NYU Applied Mathematics and Data Science Center, a KAIST graduate who has joined the ranks of the world-class in AI language models and Professor Jong Chul Ye, the Director of Promotion Council for Digital Health at KAIST, who is leading innovative research in the field of medical AI working in collaboration with major hospitals at home and abroad was on the panel. Additionally, Professor Luciano Floridi, a founding member of the Yale University Center for Digital Ethics, Professor Shannon Vallor, the Baillie Gifford Professor in the Ethics of Data and Artificial Intelligence at the University of Edinburgh of the UK, Professor Stefaan Verhulst, a Co-Founder and the DIrector of GovLab‘s Data Program at NYU’s Tandon School of Engineering, and Professor Urs Gasser, who is in charge of public policy, governance and innovative technology at the Technical University of Munich, also participated.
Professor Matthew Liao from NYU led the discussion on various topics such as the ways to to regulate AI and digital technologies; the concerns about how deep learning technology being developed in medicinal purposes could be used in warfare; the scope of responsibilities Al scientists' responsibility should carry in ensuring the usage of AI are limited to benign purposes only; the effects of external regulation on the AI model developers and the research they pursue; and on the lessons that can be learned from the regulations in other fields.
During the panel discussion, there was an exchange of ideas about a system of standards that could harmonize digital development and regulatory and social ethics in today’s situation in which digital transformation accelerates technological development at a global level, there is a looming concern that while such advancements are bringing economic vitality it may create digital divides and probles like manipulation of public opinion. Professor Jong-cheol Ye of KAIST (Director of the Promotion Council for Digital Health), in particular, emphasized that it is important to find a point of balance that does not hinder the advancements rather than opting to enforcing strict regulations.
< Photo 2. Panel Discussion in Session at NYU-KAIST Global AI & Digital Governance Conference >
KAIST President Kwang Hyung Lee explained, “At the Digital Governance Forum we had last October, we focused on exploring new governance to solve digital challenges in the time of global digital transition, and this year’s main focus was on regulations.”
“This conference served as an opportunity of immense value as we came to understand that appropriate regulations can be a motivation to spur further developments rather than a hurdle when it comes to technological advancements, and that it is important for us to clearly understand artificial intelligence and consider what should and can be regulated when we are to set regulations on artificial intelligence,” he continued.
Earlier, KAIST signed a cooperation agreement with NYU to build a joint campus, June last year and held a plaque presentation ceremony for the KAIST NYU Joint Campus last September to promote joint research between the two universities. KAIST is currently conducting joint research with NYU in nine fields, including AI and digital research. The KAIST-NYU Joint Campus was conceived with the goal of building an innovative sandbox campus centering aroung science, technology, engineering, and mathematics (STEM) combining NYU's excellent humanities and arts as well as basic science and convergence research capabilities with KAIST's science and technology.
KAIST has contributed to the development of Korea's industry and economy through technological innovation aiding in the nation’s transformation into an innovative nation with scientific and technological prowess. KAIST will now pursue an anchor/base strategy to raise KAIST's awareness in New York through the NYU Joint Campus by establishing a KAIST campus within the campus of NYU, the heart of New York.
2023.09.22 View 5807 -
MVITRO Co., Ltd. Signs to Donate KRW 1 Billion as Development Fund toward KAIST-NYU Joint Campus
KAIST (President Kwang Hyung Lee) announced on the 29th that it has solicited a development fund of KRW 1 billion from MVITRO (CEO Young Woo Lee) for joint research at the KAIST-NYU Joint Campus, which is being pursued to be KAIST's first campus on the United States.
KAIST plans to use this development fund for research and development of various solutions in the field of 'Healthcare at Home' among several joint researches being conducted with New York University (hereinafter referred to as NYU).
Young Woo Lee, the CEO of MVITRO, said, "We decided to make the donation with the hope that the KAIST-NYU Joint Campus will become an ecosystem that would help with Korean companies’ advancement into the US."
After announcing its plans to enter New York in 2021, KAIST has formed partnerships with NYU and New York City last year. Currently, NYU and KAIST are devising plans for mid- to long-term joint research in nine fields of studies including AI and bio-medicine and technology, and are promoting cooperation in the field of education, including exchange students, minors, double majors, and joint degrees under the joint campus agreement,
The ceremony for the consigning of MVITRO Co., Ltd.’s donation was held at the main campus of KAIST in the afternoon of the 29th and was attended by KAIST officials such as President Kwang Hyung Lee and Jae-Hung Han, the executive director of KAIST Development Foundation, along with the NYU President-Designate Linda G. Mills, and the CEO of MVITRO, Young Woo Lee.
< Photo. (from left) Kwang Hyung Lee, the President of KAIST, Linda G. Mills, the President-Designate of NYU, and Young Woo Lee, the CEO of MVITRO, pose for the photo with the signed letter of donation on May 29, 2023 at KAIST >
Linda Mills, the nominee designated to be NYU president next term said, “I am proud to join our colleagues in celebrating this important gift from MVITRO, which will help support the partnership between KAIST and NYU. This global partnership leverages the distinctive strengths of both universities to drive advances in research poised to deliver profound impact, such as the intersections of healthcare, technology, and AI."
President Kwang Hyung Lee said, "The KAIST-NYU Joint Campus will be the first step in extending KAIST's excellent science and technology capabilities to the international stage and will serve as a bridgehead to help excellent technological advancements venture into the United States." Then, President Lee added, "I would like to express my gratitude to MVITRO for sympathizing with this vision. I will work with NYU to lead the creation of global values.”
On a different note, MVITRO Co., Ltd., is a home medical device maker that collaborated with Hyundai Futurenet Co., Ltd. to develop an IoT product that combined a painless laser lancet (blood collector) and a blood glucose meter into one for a convenient at-home health support, which received favorable reviews from overseas buyers at CES 2023.
2023.05.30 View 5828 -
KAIST confers Honorary Doctorate of Science on NYU President Emeritus John Edward Sexton
< Photo 1. NYU President Emeritus John Edward Sexton posing with KAIST President Kwang Hyung Lee holding the Honorary Doctorate at the KAIST Commencement Ceremony >
KAIST (President Kwang Hyung Lee) announced that it conferred an honorary doctorate of science degree on NYU President Emeritus John Edward Sexton at the Commencement Ceremony held on the 17th.
An official from KAIST explained, "KAIST is conferring an honorary doctorate for President Sexton's longstanding leadership in higher education, and for his contributions to the process of establishing the groundwork for collaboration with NYU through which KAIST is to become a leading global value-creating university."
President Emeritus Sexton served as the president of NYU from 2002 to 2015, establishing two degree-granting campuses and several global academic sites of NYU around the world. Because of its steady rise in university rankings, such as its medical school earning the number two position in the United States, not only has NYU joined the ranks of first-class universities, but it has also achieved remarkable growth, with the number of students increasing dramatically from 29,000 to 60,000.
In addition, during his tenure as president at NYU, President Emeritus Sexton successfully expanded fundraising to support the University’s academic goals. During his 14-year tenure as president, he organized initiatives such as 'Raise $1 Million Every Day' and 'Call to Action' to raise $4.9 billion in donations, the largest in NYU history to date.
President Emeritus Sexton is famous for teaching full time even during his presidential tenure and for the anecdotes about his special care for students, addressing the school members as “family”. In particular, he is famous for giving hugs to all graduates at the commencement ceremony. Minister Park Jin of the Ministry of Foreign Affairs of Korea, who graduated from NYU School of Law in 1999 with a Master of Studies in Law, is one of the graduates who received President Sexton's hug.
President Emeritus Sexton, born in 1942, visited KAIST on the 17th to receive the honorary doctorate and to encourage the expedited development of the KAIST-NYU Joint Campus, for which he helped lay the foundation.
President Emeritus Sexton said, "I like the slogan, 'Onward and upward together,'" and added, "I look forward to having the two universities achieve their shared vision of becoming the world-class universities together through cooperation to establish the KAIST-NYU Joint Campus."
< Photo 2. NYU President Emeritus John Edward Sexton giving the acceptance speech at the KAIST Commencement Ceremony >
The US Ambassador to Korea, the Honorable Philip Goldberg, also attended the commencement ceremony at KAIST to congratulate President Emeritus Sexton on the conferment of the honorary doctorate. Ambassador Goldberg has been serving as the US Ambassador to Korea since July of last year.
President Kwang Hyung Lee said, “President Emeritus Sexton was a president best described as an innovator who promoted diversity in education and pursued academic excellence throughout his life.” He went on to say, “The KAIST-NYU Joint Campus, which will be completed on the foundation laid by President Emeritus Sexton, will serve as the focal point that will attract global talents flooding into New York by the driving force created from the synergy of the two universities as well as serving as a starting point for KAIST's outstanding talents to pursue their dreams toward the world.”
KAIST signed a cooperation agreement with NYU in June of 2022 to build a joint campus, and held a presentation of signage for the KAIST-NYU Joint Campus in September. Currently, about 60 faculty members are planning to begin joint research initiatives in seven fields, including robotics, AI, brain sciences, and climate change. In addition, cooperation in the field of education, including student exchange, minors, double majors, and joint degrees, is under discussion.
2023.02.17 View 6651 -
KAIST-NYU Digital Governance Forum Held
KAIST (President Kwang Hyung Lee) held the 'KAIST-NYU Digital Governance Forum' at the Korea Press Center in the morning of October 28th, 2022.
This forum was held in continuation to discuss the objectives of the 'Digital Vision Forum' that was hosted by New York University (NYU) back in September in the United States, and is the first public event to be held through joint efforts by KAIST and NYU since the signage of the 'KAIST-NYU Joint Campus' was presented at the New York forum.
< Signage of KAIST-NYU Joint Campus >
This forum was promoted based on the consensus of the two universities to create an international forum of solidarity to solve global challenges and seek new governance in the era of digital transformation.
Digital innovation technology is expected to bring economic and industrial benefits as well as political, social and ethical risks such as accelerating the digital divide, among others. In particular, in a time of global digital transformation, as the competition for digital and AI supremacy based on technology nationalism catches fire, there is an emergent need for a global governance system in which digital innovation and the value of freedom co-exist. With the consensus formed through this forum with NYU, KAIST plans to focus on detailing the vision for future digital cooperation that encompasses various stakeholders in our society.
To this end, President Kwang Hyung Lee of KAIST and President Andrew Hamilton of NYU led the forum with keynote addresses with President Hamilton taking part virtually, followed by NYU Professor Matthew Liao, a world-renowned scholar specialized in the ethics in the field of science and technology, and Jason Allford, Special Representative of the World Bank Group to Korea, presenting on relevant topics for discussion.
From KAIST, Professor Kyung Ryul Park of the Graduate School of Science and Technology Policy and Director So Young Kim of the Korea Policy Center for the Fourth Industrial Revolution, followed with their presentations. A panel discussion on governance in the period of digital transformation was also held, led by Professor Dongman Lee, the Dean of the College of Engineering.
To kick things off, Professor Matthew Liao of NYU proposed a normative system that can harmonize technology and social ethics while explaining various ethical issues following the technological development of artificial intelligence.
Jason Allford, Special Representative of the World Bank Group to Korea, outlined the changing roles of government in the digital era from the perspective of transparency and government efficiency and explained global development strategies through various cases of digital innovations by international organizations.
Professor Kyung Ryul Park of the Graduate School of Science and Technology Policy at KAIST emphasized that the core of new digital governance is not only innovative technology but also the participation and harmony of various stakeholders at home at abroad and brought up the importance of multi-dimensional international solidarity based on digital transformation that goes beyond the flat ‘technological geopolitics.’
Professor So Young Kim, the Director of the Korea Policy Center for the Fourth Industrial Revolution at KAIST, commented on the current government's digital platform strategy and emphasized the need for a leading digital transformation strategy that goes beyond the governance of the existing government.
Edward Mermelstein, the Commissioner for International Affairs of New York City, said, “The City of New York, shall also provide active support for the cooperative governance initiative organized by KAIST in Korea. As the conversation progresses further, we can draw up plans to organize international organizations to support the effort, likely to be named ‘Digitization for Good’, and we can go on to consider future collaboration,” to express the city’s willingness and anticipation for active cooperation.
Andrew Hamilton, the President of NYU, said "NYU is thrilled by the partnership we are embarking upon with KAIST, which goes hand in hand with our global tradition, and is based upon our bedrock commitment to the free movement of people and ideas.” He added that “As data-driven software, AI, and social networks become even more essential parts of our daily lives, I am confident that today’s discussions will lead to new and promising insights.”
President Kwang Hyung Lee of KAIST said, “It is significant that we are to cooperate with New York University to prepare a venue to assess the changes of the forth coming era at a time in which digital technology, government platforms, and public data are attracting attention as a medium that can create various social and economic value.”
President Lee added, “KAIST and NYU, the two institutions in cross-continental partnership to lead innovations in higher education via the creation of a joint campus, have joined forces to host this forum to create an opportunity to envision the future of a cooperative governance that is inclusive of key players like the government, businesses, the civil societies, academia, and international organizations.”
The 'KAIST-NYU Digital Governance Forum' was broadcast live on KAIST’s Official YouTube Channel from 9:30 am on the 28th of October (Korea Standard Time) with simultaneous interpretation provided in both Korean and English. A recording of the video is available online for everyone to watch free of charge.
KAIST’s YouTube Channel: https://www.youtube.com/c/KAISTofficial
Forum Recording with English interpretation: https://youtu.be/Vs31i7BtfEw
2022.10.28 View 5487 -
NYC-KAIST Cooperation Agreement Signed in New York for KAIST NYU Joint Campus
A ceremony was held to celebrate the signing of the Cooperative Agreement between NYC and KAIST and the presentation of the signage for KAIST NYU Joint Campus at NYU’s Kimmel Center in Manhattan.
KAIST President Kwang Hyung Lee (left) and NYU President Andrew Hamilton (right)
KAIST (President Kwang Hyung Lee) signed a cooperative agreement with the City of New York and had an official showing of the signage for the Joint Campus of KAIST and New York University (NYU) on September 21 at 4:00 pm (Eastern Standard Time) at NYU’s Kimmel Center in New York City with the NYC Mayor Eric Adams, the Korean Minister of Science and ICT Dr. Lee Jong-ho, NYU Chairman William Berkley, NYU President Andrew Hamilton, and other distinguished guests in attendance.
KAIST and NYU signed a Memorandum of Understanding in June about building a joint campus in an effort to educate global talent. As a follow-up measure, NYU has provided KAIST with space to begin joint research programs and held a ceremony to present the signage designed for the future KAIST NYU Campus. In line with these efforts, KAIST has also signed an agreement with New York City, the administrative authority in charge of the establishment of the campus, for mutual cooperation.
NYU is a prestigious university headquartered in Manhattan, New York. It has nurtured outstanding talents in the humanities, art, and basic sciences, including 38 Nobel Prize winners, 5 Fields Prize winners, 26 Pulitzer Prize winners, and 38 Academy Award winners to be deserving of the evaluation.
The proposed joint campus is to be centered on science, technology, engineering, and mathematics (STEM) by combining NYU's excellent basic sciences and convergence research capabilities with KAIST's globally renowned science and technology capabilities. The joint initiative is expected to launch in 2023; its programs will focus on areas such as AI Basic Science, AI Convergence Brain Science, AI-Applied Cyber Security, Cyber Security, and Sustainable High-Tech Smart City/Climate Change in order to lead the Digital Era and to solve the problems that surfaced following the COVID-19 pandemic. In addition, in order to prepare for the Post-AI Era, it was decided to create the “New Engineering” program for undergraduate program that employs a hyper-convergence learning model that combines project-based, problem-solving learning (PBL, PSL) pedagogy.
▲ Biomedical Engineering- Research and development of technology to respond to the entire cycle (prevention-treatment-diagnosis-prediction) for a new infectious disease (Disease X) by converging new technologies such as IT and NT with biomedical technologies
▲ AI Convergence Neuroscience- Research on brain-machine interaction and brain-based machine learning through AI technology convergence
▲ AI Science- Algorithm development and in-depth research in preparation for the post AI era
▲ Sustainability and Climate Change- R&DB for advanced smart cities, sustainability for the global environment and carbon zero
▲ Next-generation Wireless Communications- From ICT to AIT: Research on 6G/7G related technologies, new communications theories, and etc.
▲ Cyber Security- Advanced research on protection of digital information and information safety/reliability
KAIST President Kwang Hyung Lee (left) and NYC Mayor Eric Adams (right)
The KAIST NYU Joint Campus has started enlisting professors and researchers from both institutions to participate in the collaboration. The campus will also function as the headquarter that will oversee the operation of the joint research program. At Daejeon, KAIST is also setting up a location for NYU on its main campus to provide space for NYU researchers upon their visit to KAIST.
The KAIST NYU Joint Campus, which has begun to take basic shape with the space for collaboration rendered this time, is to be upgraded to “KAIST New York Campus” in the future to function also as an industry-academic cooperation campus in which that promotes strategic cooperation with industries and expands start-up opportunities. To this end, the related procedures from the detailing of the establishment plans through a preliminary feasibility studies, to deliberation and decision on whether to proceed with the establishment by the KAIST Board of Trustees, will be taken.
The KAIST NYU Campus is expected to serve as a stepping stone for the outstanding talents of KAIST to pursue their dreams in the global market and research environment while seizing the attention of the world-class talents drawn to New York at the same time. In addition, by combining NYU's strong basic academic capabilities with KAIST’s strengths, it is expected to contribute to achieving 'global innovation' by creating synergies in various fields such as education, research, and entrepreneurship. The future KAIST-NYU Campus is also expected to encompass an industry-academic cooperation campus with industrial partners and startups.
Meanwhile, KAIST is planning to expand its excellent scientific and technological capabilities to the global stage through the cooperative agreement with New York City, and to prepare a pathway for KAIST students, faculty, and startups to enter their respective fields in the global markets. In the future, KAIST plans to explore areas of cooperation in different fields, such as education, economy, society, and culture, to prepare and implement detailed cooperation plans.
< KAIST-New York City Cooperation Items (Example) >
▲ Education: Joint degree program with a university in New York City, training of key talents in the field of artificial intelligence, etc.
▲ Economy: A hub for technology startups, job creation in the tech sector, etc.
▲ Society: Economics, finance, media-related engineering research, etc.
▲ Culture: Diversity-based culture and art-tech research, etc.▲ Etc: Joint research in the field of artificial intelligence healthcare, etc.
As a global mecca for startups, education, and investment, New York has a well-developed global network for cultural diversity and successful career development, and has great power to attract various resources including funds and talented individuals. Based on this, it has established itself as a mecca of global tech companies and global top media groups, and is building the reputation as 'Silicon Alley' in addition to its legends of the ‘Wall Street'.
Dr. Andrew Hamilton, the president of NYU, said, “We’re delighted by our newly established partnership with KAIST. We see great potential in the opportunities to collaborate on development of courses, research, cutting edge technologies, university-level courses, degrees, entrepreneurship initiatives and industrial partnerships, and exchanges. We believe this partnership is very much in line with NYU’s commitment to global engagement and will make important contributions to New York’s tech sector. It’s exciting to think how much NYU and KAIST have much to learn from one another, and how much we may accomplish together.”
New York City Mayor Eric Adams said, “We’re proud to have helped facilitate this partnership between KAIST and New York University, which will be a real win for students and help drive continued innovation in our city.” He added, “From the time that senior members of our administration learned about this opportunity during a recent trip to South Korea, we have worked closely with KAIST to develop strategies for increasing their presence and investments in New York. This is the start of a relationship that I am confident will bring even more academic, business, and technological opportunities to the five boroughs.”
Dr. Kwang Hyung Lee, the president of KAIST, urged, “Based on the KAIST-NYU partnership, we must create an interdisciplinary hyper-convergence model of collaboration and use cutting-edge tools to create an innovative model for new type of problem-solving engineering education to prepare to solve the challenges facing the world.” He went on to stress, “The new fusion engineering degree program will leverage the unique strengths of the two institutions to provide a uniquely colored education not found anywhere else.” In addition, he added, “KAIST will utilize the advantages that are unique to the global city of New York to contribute to advancing the science and technology research in New York City and creating jobs in the tech sector to lead the renaissance of Silicon Alley.”
2022.09.27 View 10501 -
KAIST Alumni Take a Strong Hold on Tech-Based Startups
Average sales for KAIST alumni startups in 2015 doubled from the previous year to 20.7 billion KRW. They reportedly recorded approximately 37-times higher sales than non-KAIST alumni startups, demonstrating that KAIST is emerging as strong tech-based venture startup incubator.
According to a white paper on the Profile and Performance of KAIST Startups released recently, the number of KAIST startups stood 1,112, of which 877 were founded by alumni (78.9%), 36 by faculty and staff (3.2%), and 199 by those funded by the KAIST Technology Business Incubation Center (17.9%) at the end of 2015.
The total sales of KAIST startups stood at 13.6 trillion KRW in 2015, a 25% increase compared to the previous year. KAIST alumni startups created about 32,400 jobs in that year.
Most KAIST founders majored in engineering (649 people, 71.1%), followed by business (121 people, 13.3%), natural sciences (86, 9.4%), life science and bio engineering (32 people, 3.5%), and liberal arts and convergence science (24 people, 2.6%), making a total of 913 founders, excluding the 199 startups funded by KAIST Technology Business Incubation Center.
By department, most founders come from electrical engineering (148 people, 16.2%), followed by mechanical engineering (135 people, 14.8%), and computer science (114 people, 12.5%).
KAIST startups produced 63 listed companies (1 KOSPI, 51 KOSDAQ, and 11 KONEX), which accounted for 5.7% of the total 1112 startups. This is significantly higher than the average for venture companies (1.1%). It should be noted that the rate is only around 10% for Korean conglomerate-affiliated companies.
At the point of startup establishment, KAIST alumni startup founders were mostly in their 40s (430 people, 40%), followed by their 30s (415 people, 38.6%), 20s (110 people, 10.2%) and 50s (110 people, 10.2%). Around half of the founders were in their 20s and 30s. In particular, the number of founders in their 20s and 30s was around 3.5 times higher in KAIST startups compared to general startups and 1.2 times higher than venture startups.
The average lifespan of KAIST startups is 10.3 years; 276 companies (25%) were established over 16 years ago, 282 companies (25.4%) between 6 and 10 years, 246 companies (22.1%) between 11 and 15 years, and 308 companies (27.7%) less than five years ago. By type of business, startups based on technology accounted for 88.1%; 510 manufacturing companies accounted for 46.2%, followed by 321 information service companies with 29.1%, and 147 science and technology service companies with 13.3%.
By region, 617 companies (55.5%) were located in Seoul and the nearby metropolitan area, followed by 350 companies (31.5%) located in Daejeon.
2017.05.30 View 5719 -
KAIST Opens a Campus Laundromat
The young and older generations are cooperating to create work places for the local elderly.
The KAIST Graduate Association and the Korean Labor Force Development Institute for the Aged (KORDI) held an opening ceremony for a campus laundromat on January 26, 2016 at the multi-purpose hall of the International Center.
The newly-opened laundromat has two large washing machines, two front-loading washers, and two large dryers that can handle up to 400 kg of laundry.
The KAIST Graduate Association asked KORDI to operate the laundromat to offer job opportunities to seniors in the local community, while providing KAIST students with more conveniences in campus life. As a result, ten seniors are working at the laundromat, providing a variety of cleaning services.
Chan Park, President of the KAIST Graduate Association, said, “I have been contemplating ways in which universities can cooperate with the local community. I hope this particular business model will make a modest improvement in the creation of jobs for the elderly.”
2016.01.26 View 3658