South Korean President Lee Jae-myung asked World Bank Group President Ajay Banga for stronger international coordination on inequality linked to AI. Their October 19 meeting covered divides within and between countries, inclusive growth and cooperation in AI and energy. Banga also emphasized jobs for younger people, according to the South Korean presidential spokesperson.
South Korean President Lee Jae-myung met World Bank Group President Ajay Banga on 19 October at Cheong Wa Dae, the South Korean presidential complex in Seoul. They discussed artificial intelligence and ways to ease polarization. Lee welcomed the bank’s international contributions and said South Korea would seek to contribute more to its work.[1], [2]
Lee urged countries to consider AI’s adverse effects alongside its benefits. He called for stronger international coordination to narrow disparities between nations and divides inside them. Describing polarization as a leading challenge for governments, he asked the World Bank Group and international financial institutions to play an active role in reducing inequality and supporting inclusive growth.[1]
Presidential spokesperson Kang Yu-jung said the meeting explored wider cooperation in AI and energy. Banga responded positively to South Korea’s policy of AI for all, according to Kang, and emphasized expanding employment opportunities for young people to address inequality between generations. He also said his visit involved discussions with government and business about job creation and mobilizing private-sector resources.[1], [2]
