According to market research firm IDC, the global AI market is expected to grow rapidly at a CAGR of 55% from $8 billion (about 9 trillion won) in 2016 to $47 billion (about 53 trillion won) in 2020. In addition, the VR market is expected to reach about $300 (34.839 trillion won) by 2020, and the AR market is also expected to grow to $120 billion (139.356 trillion won).

Persona System, a Korean AI conversation engine company, drew attention as a connection between humans and the virtual world by creating artificial intelligence (AR and VR) in the virtual world in February 2018 and building a dialogue system.

However, there is a limit that communication between humans and the virtual world is impossible because it is impossible to communicate. In response, Persona System launched "AI Interpreter" using the conversation engine it had built for three years.

It was developed using the Korean, Japanese, Chinese, and English engines, which are the own technology of the Persona System, and by learning four languages, it can easily interpret any word.

A persona system official said, "When using this system, it can be used in various fields such as creating an AI entertainer in the entertainment field so that humans and entertainers can have a conversation and watch music or performances, and in the education field, it can be used in various fields, such as creating an electronic textbook."

The Persona System has built a multilingual engine with support from the Daejeon Center for Creative Economy and Innovation, and plans to launch various service areas through virtual world AI and human dialogue. Also, in July of this year, the technology was recognized externally by taking the first place in the Kibo Venture Camp hosted by the Korea Technology Guarantee Fund.

The AI ​​chatbot can also be built 100% installed without any external API by using the Korean conversation engine developed by Persona System for 3 years. In addition, stable construction is possible in the financial industry, where security problems of cloud chatbot servers based on foreign engines are emerging, and the Korean language recognition rate is high, so stable services can be operated.

Persona System said, "AR and VR are markets worth about 200 trillion won, and we will release more advanced services based on AI technology that can breathe life into these markets."

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