Until the 20th century, technological innovation was coupled with an increase in productivity, employment, household income and economic growth. However, in the 21st century, even though technology and productivity increases, employment and income are falling.
This is due to the development of cutting-edge technologies such as artificial intelligence and robotics.
What is needed in the midst of these changes, is the discovery of new industries that can provide jobs and innovation.
Economist Richard Baldwin said, “If factories exist in the time where factories disappear, this must be a city were talents, ideas and services co-exist”, which emphasizes the importance of a city in creating new jobs and innovation.
Therefore, the policy that a future city adopts should be new industrial policies.

Solaseado, a city of limitless possibilities

Solaseado develops a 6.34 million pyeong ground into a smart city where the Fourth Industrial Revolution technology is realized, thus creating future industries and jobs.
From eco-friendly solar energy, the city will develop solar energy industries, smart farms, self-driving automobiles, tourism, leisure and ICT industry. With an investment of 6 trillion one, the city aims to create 18,000 jobs.
Through this process, the city will secure a sustainable smart city construction and industrial ecosystem, and this, in turn, will have an effect on production inducement, which will amount to 22 trillion won, and an effect on employment inducement, which will amount to 0.33 million.
Cities in the 21st century will have to fulfil jobs that factories did in the 20th century. Solaseado, with its industry and employment opportunities, will lead this transition.