Unleashing Imagination: The Power of Science Fiction in Shaping AI's Future

Part2. Interview with Dr. Jihoon Jeong

• Co-founder and General Partner at Asia2G Capital
• Adjunct Professor at DGIST (Daegu Gyeongbuk Institute of Science and Technology)

Notable Publications

• <The Complete History of IT>, <AI 101: All You Need to Know About Artificial Intelligence in Business>, <Web 3.0: The Next Economy>, <AI Robot Doctor in the Emergency Room>

Q1. What Inspired You to Write a Science Fiction Novel About AI?

I've always been passionate about creative fields like music and writing. I even spent two years teaching at KAIST's Graduate School of Culture Technology. Back in 2019, when AI wasn't as popular, I led a deep learning course on creative AI in ModuLabs. During that time, I met founders of now-famous GenAI companies like Runway and Stability AI. I believe that one of the best ways to explore the future is by creating stories and images that make people think about what might come next. The idea of using fiction to make future scenarios more relatable and understandable inspired me to write a novel. It's a way to help people imagine the real-world impact of new technologies in a fun and engaging way, potentially expanding into movies and games to reach even more people.

Q2. As AI Grows, What Should Investors Pay Attention To?

AI has become much more accessible to the general public, especially with tools like ChatGPT. As more people use these technologies, the market will grow rapidly. If you're thinking about investing in an AI company, there are two key things to consider. First, who are the real customers? You need to understand who will pay for and use the AI service. For example, a company like Runway focuses on the movie industry, so they tailor their technology to that market. But the same AI video services could be adapted for animation or other commercial uses, broadening their customer base.

Second, consider the cost. Since AI technology is becoming widely available, companies need to focus on cost efficiency. The products and services that offer the best value at a lower cost will be more successful. Investors should look for companies that can do this effectively.

Q3. How Will AI Change Our Cities and Way of Life?

AI is set to transform our world in a big way. As it's integrated into various sectors like manufacturing and delivery, we'll start seeing things like robots delivering goods and self-driving taxis. This shift will change not just our cities but how we live and think about our world. That's why I wrote my novel, AI Robot Doctor in the Emergency Room—to explore what hospitals might look like if AI robots were used widely and how we can prepare for such changes. I'm fascinated by how AI will reshape society and which companies and people will lead this transformation. For example, AI and robotics could help solve major challenges, like the high energy use of AI, which is crucial for a sustainable future.

Q4. Why is It Important to Invest in Health and Culture Now?

As technology evolves, certain industries will become more important. Over the next few years, I see life sciences and medicine becoming key areas of focus. That's why I'm thinking about creating a specialized fund in these fields. I'm also interested in culture and creativity, inspired by my time in LA, where I did my PhD and taught at USC. LA, with its proximity to Hollywood and strong ties to both the US and Asia, is a great place for cultural industries like fashion and food. By combining technology and investment in these areas, we can create exciting opportunities for creators and planners. That's why I'm considering forming a cultural fund centered in LA.

Q5. How Can Tech Entrepreneurs and Investors Make a Global Impact?

For deep-tech entrepreneurs and investors, it's important to realize that your work isn't just about technological innovation—it's about shaping society and our future. Investors like me are eager to see how your technology can change the world, and we're here to support you in that journey. It's also crucial to think globally from the start, rather than just focusing on success in your home country. To succeed in the global market, you need a strategy that targets big markets like the US and an understanding of the local market. Building a strong international network is essential. As a deep-tech company, your mission is to think about how your innovation will bring about social change. My advice to investors is to deeply understand the technology or industry you're involved in and keep a broad perspective on how it will affect the future. This way, you can identify the right companies to invest in at the right time. Your work can contribute to sustainable growth and a better future for everyone.

Key Takeaways from This Interview:

1. Storytelling is essential in bridging the gap between complex technologies and the world they shape. By communicating these technologies in a way that is accessible, we can engage both investors and the public in meaningful ways.
2. The future—whether it leans toward utopia or dystopia—will be determined by how many people, especially investors, can envision it and take action. We need everyone's attention, particularly investors, to help us solve the various problems we are facing and create a brighter world.
3. In deep tech, more than any other sector, foresight, imagination, and intuition are critical for making wise investment decisions. I hope to see a new wave of imaginative investors emerging from Korea, ready to tackle the challenges and opportunities of our time.

Also Read: Part 1. The Doctor Who Bet on Startups: A Journey from Healthcare to High Tech

Gen AI images by D.ock