South Korea announces $860M AI fund after AlphaGo 'shock'
As a South Korean who experienced/heard about many government-backed researches, I strongly feel that this will go nowhere. Most of the time, there's always some bribery involved and project never finishes or come even close to that of the tech companies in US. The government then realizes it can't be done even with more money and puts the money elsewhere just to repeat the same thing. The examples that I can think of are when they were trying to build their own operating system and a video game console.