Sustainable Growth Strategy of the Paper Industry in the Artificial Intelligence Era

The emergence of the Artificial Intelligence (AI) era has revolutionized every industry, causing some to decline or even disappear from the market.To develop a sustainable growth strategy in the AI era, the creation of a new paradigm is essential, grounded in the framework of constructive destruction.A simple paradigm shift will no longer suffice.The paper industry is no exception; if anything, its need for adaptation is even more pronounced.In the AI era, the industry faces a double-edged sword.On one hand, AI offers immense potential to drive sustainable growth through innovation and efficiency.On the other, it poses a significant risk of accelerating the industry's decline if adaptation is delayed or inadequate.Innovative individuals with creative minds are crucial for driving sustainable growth.Notably, such individuals are unlikely to be replaced by AI technologies like robots.A sustainable growth strategy for the paper industry emphasizes the importance of working in harmony with AI technologies rather than competing against them.In this context, it is worth recalling the phrase, "a blessing in disguise.

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Publication Details

Journal
Journal of Korea Technical Association of The Pulp and Paper Industry
Published
2024-12-30
DOI
https://doi.org/10.7584/jktappi.2024.12.56.6.5
Primary Topic
FinTech, Crowdfunding, Digital Finance
Type
article
Field-Weighted Citation Impact
0.00
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article

Sustainable Growth Strategy of the Paper Industry in the Artificial Intelligence Era

Hyoung Jin Kim, Jong-Moon Park, Young Chan Ko
Journal of Korea Technical Association of The Pulp and Paper Industry
FinTech, Crowdfunding, Digital Finance
article

Sustainable Growth Strategy of the Paper Industry in the Artificial Intelligence Era

Hyoung Jin Kim, Jong-Moon Park, Young Chan Ko
article en

Abstract

The emergence of the Artificial Intelligence (AI) era has revolutionized every industry, causing some to decline or even disappear from the market.To develop a sustainable growth strategy in the AI era, the creation of a new paradigm is essential, grounded in the framework of constructive destruction.A simple paradigm shift will no longer suffice.The paper industry is no exception; if anything, its need for adaptation is even more pronounced.In the AI era, the industry faces a double-edged sword.On one hand, AI offers immense potential to drive sustainable growth through innovation and efficiency.On the other, it poses a significant risk of accelerating the industry's decline if adaptation is delayed or inadequate.Innovative individuals with creative minds are crucial for driving sustainable growth.Notably, such individuals are unlikely to be replaced by AI technologies like robots.A sustainable growth strategy for the paper industry emphasizes the importance of working in harmony with AI technologies rather than competing against them.In this context, it is worth recalling the phrase, "a blessing in disguise.

Journal of Korea Technical Association of The Pulp and Paper IndustryVol. 56(6)
Kookmin University (KR), Chungbuk National University (KR), Link Consulting (PT), LEK Consulting (United States) (US)
Industry, innovation and infrastructure
Openalex Percentile: Top 61%
FinTech, Crowdfunding, Digital Finance
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