The first seminar of the Data Science Management Association was held at Forest Hall on May 12, 2023 / Photo = Data Science Management Association

The Data Science Management Association successfully held the ‘Data Science Management Association 2023 1st Seminar’ on the 12th at Yeoksam Forest Hall under the theme of ‘Corporate Management Activities of AI Algorithms’.

The seminar was conducted in the following order: topic presentation, Q&A, and general discussion. Starting with the topic presentation by President Ho-yong Choi, topic presentations were made in that order by Academician Jeong-hoon Song, Hye-young Park, Bo-hyun Yoo, Min-cheol Kim, Jeong-woo Park, and finally Gyeong-hwan Lee, CEO of Pabii.

First, President Hoyong Choi gave a presentation on ‘Deep Learning as Solution Methods in Finance’ and introduced how machine learning and deep learning techniques can be used to find solutions to partial differential equations related to cash asset dividends of big tech companies. .

Academic member Song Jeong-hoon pointed out the problems with existing electricity/gas usage forecasts under the theme of ‘Monthly electricity/gas usage forecast for each building’ and further predicted monthly energy usage through statistical techniques that calculate the off-diagonal component of the second moment matrix. A model that predicts more accurately was introduced.

In order to find bubbles in the real estate sales market or auction market under the topic ‘Is bubble in housing auction market really bubble?’, academy member Park Hye-young defined the ‘difference between first and second place in the auction market’ as ‘bubble index’ and used it as a statistical index. The verification process through testing was explained.

Academician Bo-Hyun Yoo introduced a paper on the topic of ‘Discount/surcharge and momentum in the real estate auction market’ in which the factors that make up the winning bid rate in the real estate auction market were extracted using Fourier transform and the results were statistically verified.

Under the theme of ‘Interpretable Topic Analysis,’ academic member Mincheol Kim discussed a true ‘big data’ service that can be of practical help in matching between overseas buyers and domestic companies.

Under the theme of ‘Advertising time series modeling under measurement error,’ Jeongwoo Park, a member of the Academy of Sciences, introduced an advertising performance prediction model that statistically verifies and corrects the impact of measurement error included in user data of digital advertising.

Lastly, Professor Keith Lee discussed the interpretation and application cases of the recently controversial mathematical model related to ChatGPT, as well as expected usage methods, under the topic of ‘Use and Limitations of ChatGPT’.

In the general discussion that followed, SIAI (Swiss Institute Artificial Intelligence) students and MDSA academic members had a heated discussion about the direction of innovation and development in the Korean data science industry.

The Managerial Data Science Association (MDSA) has been operating an online magazine since April 1,2023.

SIAI Professor Kyung-hwan Lee, one of the founders of the society, donated the Internet media company registered with Seoul City Hall to MDSA in October 2020, and MDSA will operate it as of April 1, 2023.

Subsequently, MDSA was incorporated under the Global Institute of Artificial Intelligence (GIAI), and the name of the journal was confirmed as GIAI R&D Korea, which refers to GIAI’s Korean research institute. GIAI is a group of global researchers and already has its own research institute in Europe. The research institute is already operating more specialized academic paper sharing and expert contributions than GIAI R&D Korea under the name of GIAI R&D. GIAI R&D Korea will also share Korean translations of some of the content operated by GIAI R&D.

In order to ensure the independence of the editorial journal’s opinion, ownership has been transferred to an independent corporation under MDSA, but the election of the editor-in-chief and verification of AI/data science knowledge are operated under the supervision of the MDSA board of directors. SIAI Professor Gyeong-Hwan Lee, who is in charge of MDSA’s audit, said that he referenced the structure of Newstapa, which has a reputation for investigative reporting in Korea, which operates an independent professional journal under the supervision of a non-profit corporation.

On Mar 18, the Managerial Data Science Association (MDSA) held a small seminar to commemorate the establishment of the corporation.

Next, we plan to hold a second small seminar in April and then confirm the presenters for the society’s official seminar in May.

In the discussion on this day, the May conference seminar was decided to be held on May 12.

The Managerial Data Science Association (MDSA), chaired by KAIST technology management professor Ho-yong Choi, announced on February 9 that it had received permission to establish an incorporated association from Seoul City Hall. Subsequently, the corporation was established on March 9th.

KAIST technology management professor Choi Ho-yong, president of the society, as well as Kookmin University College of Economics professor Kim Jae-jun and Korea University technology management professor Kim Jong-myeon were appointed as directors. In addition, Professor Kyunghwan Lee of the Swiss Institute of Artificial Intelligence (SIAI), director of the Global Institute of Artificial Intelligence (GIAI) research institute, will serve as auditor.

With the private contribution of SIAI Professor Gyeong-hwan Lee, MDSA will operate a specialized journal under the academic society from April 1st. The first seminar after the establishment of the corporation is scheduled to be held in May.

The Data Science Management Association (MDSA) announced on the 7th that it held its 2023 inaugural general meeting.

The society, which has been in the process of obtaining approval as a non-profit corporation since April of last year, will conclude its activities in 2022 and will proceed with the operation of a professional journal, seminars, and AI/data science education activities under the society in accordance with the time of corporate approval this year.

The Managerial Data Science Association (MDSA) held its founding general meeting on Saturday, August 27, 2022.

KAIST technology management professor Choi Ho-yong, president of the society, as well as Kookmin University College of Economics professor Kim Jae-jun and Korea University technology management professor Kim Jong-myeon were appointed as directors. In addition, Professor Kyunghwan Lee of the Swiss Institute of Artificial Intelligence (SIAI), director of the Global Institute of Artificial Intelligence (GIAI) research institute, will serve as auditor.

Four professors announced that they established the society through MDSA for the purpose of supporting the application of data science to corporate management. In particular, the main purpose of establishing the society is to conduct specialized journals, academic seminars, and basic education to improve Korea’s AI reality, which focuses on simple computer programming.

The society initially held the founding general meeting in April, but announced that it held the second founding general meeting in accordance with the demands of Seoul City Hall, the licensing agency. The society is about to receive approval for establishment as a non-profit corporation from the Ministry of Trade, Industry and Energy through Seoul City Hall.

The Managerial Data Science Association (MDSA) held its founding general meeting on Saturday, April 30, 2022.

KAIST technology management professor Choi Ho-yong, president of the society, as well as Kookmin University College of Economics professor Kim Jae-jun and Korea University technology management professor Kim Jong-myeon were appointed as directors. In addition, Professor Kyunghwan Lee of the Swiss Institute of Artificial Intelligence (SIAI), director of the Global Institute of Artificial Intelligence (GIAI) research institute, will serve as auditor.

Four professors announced that they established the society through MDSA for the purpose of supporting the application of data science to corporate management. In particular, the main purpose of establishing the society is to conduct specialized journals, academic seminars, and basic education to improve Korea’s AI reality, which focuses on simple computer programming.

The society is currently awaiting approval to establish a non-profit corporation from the Ministry of Trade, Industry and Energy through Seoul City Hall.