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On-Device AI Chip Company DEEPX Officially Invited to World Economic Forum

Business

On-Device AI Chip Company DEEPX Officially Invited to World Economic Forum
Business

Business

On-Device AI Chip Company DEEPX Officially Invited to World Economic Forum

2024-07-01 08:00 Last Updated At:08:15

DALIAN, China and SEOUL, South Korea, July 1, 2024 /PRNewswire/ -- DEEPX, a pioneering AI semiconductor technology company led by CEO Lokwon Kim, has made history as the first AI semiconductor company in the world to be invited to the World Economic Forum. This esteemed gathering of global economic leaders took place at the Summer Davos Forum in Dalian, China, from June 25-27. The 15th edition of this prestigious event centered on the theme "The Next Frontier for Growth."

This year's forum brought together influential figures from governments, international organizations, businesses, civil society, and academia. Discussions revolved around six central themes: the new global economy, China and the world, entrepreneurship in the age of artificial intelligence (AI), frontiers for new industries, human investment, and the climate-nature-energy nexus.

During the forum, DEEPX CEO Lokwon Kim met with leaders of global AI companies, governments, and international organizations. He unveiled an innovative strategy and presented solutions to address critical challenges such as excessive power consumption and carbon emissions as humanity progresses into the AI era.

Kim emphasized the importance of significantly reducing energy consumption in AI computational processing to enable seamless technology integration across economic, social, and cultural domains. He pointed out that current AI computational methods have hit an energy consumption ceiling, and energy-efficient technologies must emerge to pave the way for wider AI utilization. To this end, Kim proposed an "energy trading system for AI computing," where organizations employing energy-efficient solutions sell energy usage permits to those utilizing energy-intensive solutions. This system would incentivize improved energy efficiency and promote technological innovation by providing additional economic benefits to permit buyers.

"The advent of energy-efficient AI technology will mark a pivotal point in humanity's quest towards an AI-driven superintelligent civilization," Kim elaborated. "DEEPX's founding mission is to contribute to advancing human civilization through AI technology. By presenting and spearheading this global agenda at the World Economic Forum, we are furthering our commitment to facilitating the transition to the AI era."

Verena Kuhn, Head of Global Innovators at the World Economic Forum, expressed enthusiasm about DEEPX's participation, stating, "We are delighted to welcome DEEPX to the World Economic Forum. With its domain expertise and AI-powered innovations, DEEPX will make valuable contributions to our AI-related initiatives as a Global Innovator."

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

On-Device AI Chip Company DEEPX Officially Invited to World Economic Forum

On-Device AI Chip Company DEEPX Officially Invited to World Economic Forum

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Macquarie University: Preparing Students to Thrive in the Dynamic Age of AI

2024-07-03 11:58 Last Updated At:12:15

In recent years global upheavals including COVID-19, geopolitical shifts, and economic disruptions, compounded by the rapid advancement of AI technologies, have created widespread uncertainty. To overcome these challenges, institutions such as Macquarie University are playing a vital role in preparing students for the future of work.

HANOI, Vietnam, July 3, 2024 /PRNewswire/ -- Macquarie University leaders, including Professor Yvonne Breyer, Deputy Dean, and David Sams, Executive Director of Macquarie Business School (MQBS), recently held a masterclass on "Future-Proofing Your Career" in Vietnam. The visit aimed to engage with students, universities and key stakeholders in the education sector to address the challenges presented by the rapidly changing global landscape.

The Evolving Workplace and the Rise of AI 
According to the World Economic Forum's Future of Jobs Report 2023, up to a quarter of jobs will be transformed within the next five years. Artificial intelligence (AI) is a key driver of this change, with nearly 75% of companies surveyed planning to adopt AI technologies. While some jobs may be automated, AI is also expected to create new opportunities. The report highlights the crucial role of human talent in navigating this evolving landscape.

This trend extends to Vietnam.  A January 2024 IMF analysis suggests that nearly 40% of coding and testing engineer positions in Vietnam could be affected. However, Vietnam is proactively addressing this challenge by aiming to become an AI innovation hub for ASEAN by 2030.

Lifelong Learning: The Key to Staying Ahead
During the visit, Professor Breyer emphasized the importance of developing adaptable and transferable skills, especially for business students. She shared the top five skills for 2024 and coming years, highlighting the growing need for complex problem-solving and self-efficacy skills, such as motivation and curiosity.

She also underlined that the key to a successful career lies in lifelong learning. Macquarie University equips students with adaptable skills, such as analytical and creative thinking, resilience, and a passion for continuous learning. These skills are essential to navigate disrupted workplaces and thrive in evolving job markets.

During the Masterclass, David Sams, MQBS Executive Director, debunked the myth that business graduates struggle to find jobs. According to Mandala report 2023, MQBS graduates are in high demand by top companies such as Deloitte, PwC, KPMG, Quantium, CBA, Telstra and more.

This strong demand reflects Macquarie's commitment to industry connections and equipping students with the skills employers need to thrive in today's dynamic business landscape. From day one, Macquarie students gain opportunities to develop into well-rounded graduates, capable of exploring, honing, and applying the knowledge, skills, and attributes that are most desired in the workplace.

Embrace the Future with Macquarie University
Macquarie University in Sydney, Australia, is a comprehensive, research-intensive university, internationally recognized for teaching and research excellence.  It offers a wide range of exceptional undergraduate, postgraduate, and research degrees. Additionally, Macquarie boasts one of the Australia's most generous scholarship programs, benefiting international students, including those from Vietnam.

Established in 1964 with a focus on innovation, Macquarie University enrolls over 44,000 students and 3,000 staff in Australia's largest high-tech precinct. This prime location provides students with exceptional research opportunities and industry connections preparing them for future careers.

By promoting lifelong learning and providing essential skills, Macquarie University ensures its graduates are "future-proofed" for success in the exciting and dynamic age of AI.

For more information on Macquarie University, please visit https://www.mq.edu.au/ 

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Macquarie University: Preparing Students to Thrive in the Dynamic Age of AI

Macquarie University: Preparing Students to Thrive in the Dynamic Age of AI

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