SK chairman calls for sustainable AI biz model amid investment boom
SK Group Chairman Chey Tae-won has called for efforts to develop a sustainable business model for artificial intelligence (AI), saying massive investment in the technology must ultimately generate returns to sustain investment and growth. Chey made the remarks Friday at Ulsan Forum 2026, the group's annual gathering in Ulsan, a southeastern industrial city where SK is developing a large-scale AI…
SK Group Chairman Chey Tae-won has emphasized the need for a sustainable business model for artificial intelligence (AI) amid a surge in investment in the technology. At Ulsan Forum 2026, the annual meeting of SK Group in the industrial city of Ulsan, Chey stressed that the significant financial commitment to AI development must ultimately yield returns to ensure continued investment and expansion.
Chey stated, "If humankind has invested this much energy and resources into AI, we need to establish better business models to monetize it." He argued that AI requires profitability and should eventually create a self-sustaining ecosystem where it can continue to attract investment without relying on external funding.
The chairman outlined speed, scale, and safety as the three core principles of SK's AI strategy. However, Chey also cautioned against the risk of an AI investment bubble if the immense capital and resources flowing into the sector fail to generate sufficient profits. He stressed the importance of developing viable business models to ensure the long-term sustainability of AI investment.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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