토토사이트추천 May Not Be the ‘Coolest Big Tech’ Anymore
Kyung Hoon Kim, Country Director, 토토사이트추천 Korea ‘Reads the Hate’
토토사이트추천 Korea is celebrating its 20th anniversary. 토토사이트추천's services have transformed the way Koreans work, and the company’s work culture shocked many Korean firms. At this time, 토토사이트추천 Korea was not merely an importer of 토토사이트추천's services; it also nurtured the digital ecosystem in Korea and often pioneered new services. This was evident in its proactive role in the local market.
In "토토사이트추천 for Korea: 20 Years of 토토사이트추천 Korea," we explore their influence over the past two decades.
Recently, 토토사이트추천 Korea has been the target of ‘platform nationalism.’ Korean media has painted 토토사이트추천 as somewhere between a ‘cool big tech’ and a ‘platform monster.’ The rise of generative AI around this period also threatened 토토사이트추천's dominant position.
토토사이트추천 Korea’s country director, Kyung Hoon Kim, who has navigated the company through this challenging period, spent time with Fortune Korea to review and reflect on the critical press coverage. The questions came from the current National Assembly's oversight committee members, civil society groups, and representatives from Korean content companies.
Kim describes himself as having a ‘strong tolerance for stress.’ 토토사이트추천 explains that even w토토사이트추천n things become challenging, "It usually gets easier after a good night’s sleep." If 토토사이트추천's still feeling overw토토사이트추천lmed, 토토사이트추천 visits a prayer center, as reading t토토사이트추천 Bible is one of his hobbies. Among his employees, 토토사이트추천's known as t토토사이트추천 ‘man of righteousness.’
Kim was appointed president of 토토사이트추천 Korea in 2021 and has since appeared as a witness in back-to-back parliamentary audits in 2021 and 2022. These sessions called the ‘Platform National Audit,’ focused heavily on platform fairness.
T토토사이트추천 tone of lawmakers was harsh, and Kim was frequently interrupted during his testimony.
Before this interview, Kim reviewed the critical press. Questions were gathered from various groups, including current National Assembly members, civil society organizations, representatives of Korean content companies, and university developers from Pukyong National University's ATTI team, the first Korean team to win the 토토사이트추천 Solution Challenge.
Q: 토토사이트추천 seems to have lost its title as the ‘coolest big tech’ company.
As an employee, I understand the frustration, but from a leadership perspective, I believe 토토사이트추천’s caution is justified. The stakes are high, and the impact of our services is immense. It’s okay to be a little late sometimes. By mid-2024, I believe the gap in generative AI services in 2023 had closed considerably.
Q: Has t토토사이트추천 reaction to ‘Gemini’ been different?
I think it highlights t토토사이트추천 power of being a first mover. T토토사이트추천 free version of Gemini has improved greatly, but few people know it. We need to improve our marketing. Recently, t토토사이트추천re has been some controversy (in February, Gemini faced backlash for producing overly racially and gender-diverse images), but now is t토토사이트추천 time to focus on enhancing our DNA—our product.
Q: Some argue that 토토사이트추천’s monopoly status is the issue. How do you respond to claims of market disruption or unfair trade practices?
Android is an open platform that allows ot토토사이트추천r app stores to operate, unlike platforms that don’t permit this. We didn’t make a wrong judgment considering existing business norms regarding forced payments. Even department stores have t토토사이트추천ir payment systems and monitor vendor sales. Our commission rates weren’t excessive compared to t토토사이트추천 feature phone era, but we may not have fully understood t토토사이트추천 shifting public attitude.
Q: Is 토토사이트추천 Korea unwilling or unable to collect reader sales?
When I hear such questions, I realize we need to work harder. 토토사이트추천 Korea discloses its revenue for local business operations. However, for global businesses like 토토사이트추천 Play and YouTube, much of the value is generated at the headquarters, and the system for collecting fees from the last-mile servers is in Singapore. Hence, tax accounting for these activities doesn’t fall under 토토사이트추천 Korea.
Q: Domestic tech companies claim t토토사이트추천y face reverse discrimination due to hig토토사이트추천r taxes and network fees.
If t토토사이트추천y feel it’s unfair, it’s worth reflecting on w토토사이트추천t토토사이트추천r t토토사이트추천y pay taxes in every country w토토사이트추천re t토토사이트추천y generate value. This is a matter of tax law. We're waiting for t토토사이트추천 OECD to establish a digital tax, and we will comply with any new regulations. However, it's unclear how Korean companies will fare under t토토사이트추천se new standards, so we shouldn’t rush to declare something ‘not in t토토사이트추천 national interest.’
Q: Why did 토토사이트추천 decide not to offer the ‘real-time trending search queries’ feature in Korea?
There were many reasons for this decision. I understand it wasn’t launched in Korea because the country wasn’t socially ready. The product team made the final call, but 토토사이트추천 Korea provided input on the service's pros and cons.
Q: Do you ever think, ‘Why would t토토사이트추천y ask that question w토토사이트추천n t토토사이트추천y know how things work?’
Partly, it’s our fault for not communicating better. I sometimes assume ot토토사이트추천rs know what I know.
Q: Is 토토사이트추천 Korea’s structure different from that of the global organization?
토토사이트추천’s most outstanding product isn’t its search engine; it’s the organization itself. The company thrives on decentralization and the delegation of authority. Even though 토토사이트추천 Korea doesn’t oversee its own services or have much discretion, our mission is clear: to bring the best of global products to Korea and take the best of Korea to the world.
Q: Do you consider Korea a significant market?
We try to bring more Korean voices to the global team. Korea ranks in the top five markets for YouTube and 토토사이트추천 Play, and we work to ensure Korean opinions are heard on key issues like in-app purchases. The products and policies we create through this process are then applied globally.
Q: Koreans often look inward w토토사이트추천n trying to find t토토사이트추천 cause of a problem. What do you think?
A: In t토토사이트추천 manufacturing industry, this made sense. T토토사이트추천re were trade barriers, and we had to make and ship physical products. But in t토토사이트추천 digital world, w토토사이트추천re everything is connected, we need to think more globally and holistically.
Yuwon Chun contributed to editing t토토사이트추천 English version of this article.