Machine learning in Asia: How South Korea is tackling key obstacles to adoption Bloomberg Professional Services

As the sandbox of artificial intelligence expands, Asian countries are increasing their stake in AI development. "Companies in Asia can be a bit cautious when it comes to new technology. But once they understand it, they may embrace it faster than counterparts in the U.S or Europe," said Maximilian Vollmar, Bloomberg News Market Specialist. Financial institutions in particular are looking to machine learning, a subset of artificial intelligence that focuses on teaching computer systems to "learn" independently with data, as a way to automate processes and increase efficiency. Of the countries in Asia who are diving into the field, South Korea has made some high-profile strides in recent years.